by Olivia Marcus | Jan 14, 2015 | Business
By Nancy Wang and Olivia Marcus WASHINGTON — For the first time since the financial crisis of 2008, the GOP—finally in control of both houses of Congress—is poised to make serious headway with legislation aiming to deregulate Wall Street. Despite strong opposition...
by Joshua Rosenblat | Jan 14, 2015 | Business, Living, Politics
WASHINGTON — President Barack Obama announced measures to support access to faster and cheaper public Internet service during a speech in Iowa on Wednesday. But his proposals already face staunch opposition from the Federal Communications Commission and some giant...
by Astrid Goh | Jan 14, 2015 | Business, Living
By Astrid Goh WASHINGTON—Workplace harassment is a persistent problem that needs to be properly addressed and prevented by employers, said panelists at a U.S. Equal Employment Opportunity Commission meeting Wednesday. Led by EEOC Chairwoman Jenny Yang, the...
by Bailey Williams | Jan 14, 2015 | Business
WASHINGTON — The U.S. Chamber of Commerce announced its 2015 business agenda Wednesday morning, calling Republican and Democratic politicians to rally around continuing economic growth in part by approving legislation on the Keystone XL pipeline. During the annual...
by Olivia Marcus | Jan 13, 2015 | Business, Politics
WASHINGTON – Republican leaders are driving a new comprehensive tax plan, and Paul Ryan is at the wheel. After telling reporters Monday he will forgo a 2016 presidential bid to focus on policy work, Rep. Paul Ryan, R-Wis., previewed his agenda Tuesday at his...
by Nancy Wang | Jan 13, 2015 | Business, Living
WASHINGTON — The nation faces a “transportation-funding crisis” due to a lack of financial efficiency, transparency and public education, John Schroer, the head of the Tennessee Department of Transportation, said Tuesday. “Our transportation system is falling...
by Shelbie Bostedt | Jan 12, 2015 | Business, Energy, Environment
WASHINGTON — The Supreme Court will determine whether the Natural Gas Act of 1938, allowing the federal government to regulate the natural gas industry, preempts state antitrust laws regarding retail sales of natural gas in the landmark case ONEOK, Inc. v. Learjet,...
by Olivia Marcus | Jan 12, 2015 | Business
WASHINGTON – Rep. Chris Van Hollen, D-Md., on Monday unveiled his “action plan” to address income inequality, an effort backed by senior Democrats that aims to tackle uneven wealth distribution through tax reform. The centerpiece of Van Hollen’s...
by Medha Imam | Jan 12, 2015 | Business
WASHINGTON – Secretary of Transportation Anthony Foxx on Monday proposed a 30-year plan to revitalize the nation’s transportation system. To steer policymakers away from concentrating on short-term efforts such as securing the Highway Trust Fund, Foxx said he believes...
by Olivia Marcus | Jan 12, 2015 | Business
WASHINGTON – Rep. Chris Van Hollen, D-Md., unveiled his “action plan” to address income inequality on Monday, which aims to tackle uneven wealth distribution through tax reform and is backed by senior Democrats. The centerpiece of Van Hollen’s pitch,...
by Medha Imam | Jan 7, 2015 | Business, National Security
WASHINGTON – The House passed a bipartisan bill Wednesday to reinstate the Terrorism Risk Insurance Act by a vote of 416 to 5. The legislation stalled in the Senate in the last Congress, causing the 2002 law to expire. A joint undertaking by the private and public...
by Olivia Marcus | Jan 7, 2015 | Business
WASHINGTON – House Democrats stonewalled a bill that was anticipated to pass Wednesday, largely because of questions about procedure. A conglomeration of 11 separate pieces of legislation that targeted job creation and small business, the bill was largely...
