Kerry, China leaders to meet in Beijing, May 16-17
WASHINGTON (Reuters) – U.S. Secretary of State John Kerry will meet senior Chinese leaders in Beijing this weekend at a time of heightened concerns in Asia and Washington over China’s pursuit of maritime claims and shared worries about North Korea, the…
N.J. Governor Christie moots lower tax rates to spur growth: WSJ
(Reuters) – New Jersey Governor Chris Christie said the country needs a better tax reform with a lower income-tax rate system to boost middle-class income and economic growth rate, the Wall Street Journal reported.
Billionaire coal executive launches bid for West Virginia governor
BECKLEY, W.Va. (Reuters) – Billionaire coal mining executive Jim Justice, owner of West Virginia’s famed Greenbrier luxury resort, announced on Monday he will seek the Democratic nomination for governor next year in his first bid for public office.
Senate Banking bill proposes several changes for Fed: source
WASHINGTON (Reuters) – The regulation relief bill drafted by the U.S. Senate Banking Committee Chairman includes changes to the Federal Reserve system and an easing of mortgage rules for the financial industry, according to a person familiar with the d…
Senator Warren hits back at Obama in Pacific Rim trade fight
WASHINGTON (Reuters) – U.S. Senator Elizabeth Warren hit back at President Barack Obama in their tussle over “fast-track” authorization to negotiate a Pacific Rim trade treaty, a power she says could be used in the future to weaken Wall Street reforms….
Senator Durbin says key vote on fast-track bill in doubt
WASHINGTON (Reuters) – The second-ranking Democrat in the U.S. Senate on Monday raised doubts that there was enough support among Democrats to propel controversial trade legislation over a procedural hurdle on Tuesday.
Republican senator proposes national infrastructure bank
WASHINGTON (Reuters) – A Republican senator on Monday proposed that Congress create a new bank to overcome a drought in federal infrastructure funds partly by using voluntarily repatriated corporate dollars to help states finance road and bridge projec…
U.S. House panel subpoenas Justice Dept over bank prosecutions
WASHINGTON (Reuters) – The U.S. Justice and Treasury departments on Monday received subpoenas from a House of Representatives committee seeking documents on how decisions are made about when to prosecute big banks – information that it said the agencie…
Kerry, China leaders to meet in Beijing, May 16-17
WASHINGTON (Reuters) – Secretary of State John Kerry will meet senior Chinese leaders in Beijing this weekend at a time of heightened concerns in Asia and Washington over China’s pursuit of maritime claims and shared worries about North Korea.
California commission approves 3 percent raises for state lawmakers
SACRAMENTO, Calif. (Reuters) – Elected officials in California will get 3 percent raises under a package approved Monday by the state’s Citizens Compensation Commission, after it cut their salaries during the recession.
