Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
Registration will allow you to post comments on GreenwichTime.com and create a GreenwichTime.com Subscriber Portal account for you to manage subscriptions and email preferences. Terrified of alienating the activist bases of their respective parties, Democrats and Republicans in Congress rarely even try to compromise anymore.
The Senate passed a four-month extension to the National Flood Insurance Program Tuesday, less than a day before the program was set to expire. The bill, which had originated in the House, will now go to President Trump, who has until midnight to sign it to avoid a lapse in the program.
House Financial Services Committee Chairman Jeb Hensarling, R-Texas, sounded open to heading the Federal Housing Finance Agency after he leaves Congress, and acknowledged that his capital-formation bill still faces a potentially tough vote in the Senate. Hensarling, who is not running for re-election, has been mentioned among others as a possible successor to FHFA Director Mel Watt, whose term expires in January.
Treasury Secretary Steven Mnuchin said U.S. tariffs and China's retaliatory actions haven't dented the domestic economy, as he sought to calm fears from Republicans in Congress that a trade war is hurting American consumers and companies. Mnuchin, speaking before the House Financial Services panel on Thursday, said he and administration officials are available for talks with China over trade.
State Rep. Lance Gooden is projected to win the Republican primary in the Texas 5th Congressional District, paving the way for him to replace retiring GOP Rep. Thomas Jeb Hensarling Candidate endorsed by Pence loses Texas House primary Overnight Finance: House sends Dodd-Frank rollbacks to Trump Panel approves bill to toughen foreign investment reviews House votes to ease regulation of banks, sending bill to Trump MORE runoff came after no candidate won the majority in the March primary. Gooden led Bunni Pounds, Hensarling's former campaign manager, in the initial vote and was able to hold on again.
This March 6, 2018, file photo shows the Capitol in Washington. Several Democrats facing tough re-elections this fall are joining solid Republican backing of an effort to alter some key aspects of the Dodd-Frank law.
Congress moved Tuesday to dismantle a chunk of the rules framework for banks, installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes. The House voted 258-159 to approve legislation rolling back the Dodd-Frank law, notching a legislative win for President Donald Trump, who made gutting the landmark law a campaign promise.
Congress was taking a final step Tuesday toward dismantling a chunk of the rules framework for banks installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes. The House planned to approve legislation to roll back the Dodd-Frank law, easing rules for banks and notching a legislative win for President Donald Trump, who made gutting the landmark law a campaign promise.
On May 22nd, voters go to the polls in primary elections in Arkansas, Georgia and Kentucky. Additionally, runoff elections will be held in Texas in several House seat races.
An amendment to the farm bill by Rep. Virginia Foxx would end the requirement that at least 85% of the U.S.'s sugar purchases must come from domestic processors. WASHINGTON-House Republican leaders have scheduled a vote on the farm bill for Friday, but haven't yet resolved lingering GOP concerns over major planks of the legislation, including its support for the U.S. sugar industry.
That's the message the Trump administration is pushing, at least, in what on the surface seems like a minor tweak to the name of the federal consumer watchdog agency created after the Great Recession to protect consumers against banks, credit card companies, debt collectors and other financial companies. But critics see it as a not-so-subtle effort to telegraph the abrupt ideological turn the bureau has taken since Trump-appointee Mick Mulvaney became acting director last year.
Speaker of the House Paul Ryan, R-Wis., joined from left by, Rep. Cathy McMorris Rodgers, R-Wash., and House Majority Whip Steve Scalise, R-La., meets with reporters following a closed-door Republican strategy session on Capitol Hill in Washington, Tuesday, March 6, 2018. Speaker of the House Paul Ryan, R-Wis., joined from left by, Rep. Cathy McMorris Rodgers, R-Wash., and House Majority Whip Steve Scalise, R-La., meets with reporters following a closed-door Republican strategy session on Capitol Hill in Washington, Tuesday, March 6, 2018.
That was the deadline for U.S. House and Senate campaigns to file finance reports covering the last three months of 2017. Those watching the races closely are sure to pore over the mishmash of donations and expenditures to separate viable candidates from the long shots.
A plaintiff would have to state in their initial complaint why fiduciary duty was breached, and then prove the violation with 'clear and convincing evidence' Legislation that would make it more difficult for investors to sue mutual fund companies for excessive fees was poised to advance in the House on Wednesday. The House Financial Services Committee was set to take up a bill that would impose a higher legal burden for plaintiffs when they allege that a fund has violated its fiduciary duty by charging high fees.
House Foreign Affairs Committee Chairman Ed Royce said Monday he will not seek re-election this year, adding his name to a growing list of senior Republican lawmakers who have chosen to retire in what is shaping up to be a difficult election year for the GOP. Royce, R-California, first elected in 1992, is one of eight House Republican chairmen who have announced they will forego a re-election campaign for the House ahead of the midterm elections.
The House on Tuesday backed legislation that will increase flood insurance premiums for many property owners to help firm up a program under stress from ever-more frequent and powerful storms. The bill's passage was secured when sponsors made a variety of changes to accommodate lawmakers determined to protect constituents from even steeper rate hikes or from being booted out of the program altogether.
Four veteran Texas Republicans are quitting Congress, meaning their state will be trading House seniority for newcomers who may be even more conservative. Reps.
Gov. Greg Abbott and Texas Republican Party chairman James Dickey shake hands after Abbott formally filed his papers for re-election on Nov. 11, 2017 in Austin. The signing took place at a campaign event at the American Legion Hall in Austin.
File - In this April 4, 2017 file photo, Rep. Bob Goodlatte, R-Va., speaks during a hearing of the House Judiciary subcommittee on Crime, Terrorism, Homeland Security, and Investigations, on Capitol Hill, in Washington. Goodlatte is chairman of the House Judiciary Committee and a 13-term congressman from Virginia.