Tag: Legislative Branch

After Navalny, Challenging Russia’s Putin Is Getting Even Harder

MOSCOW—Challenging Vladimir Putin has always been difficult. Now his opponents say it is almost impossible, as the Kremlin launches a full-court press against anyone daring...

France Passes New Bill to Tighten Control of Mosques

PARIS—The French Parliament passed a bill on Friday that aims to strengthen government oversight of mosques and other religious organizations and counter the influence of...

Uber and Lyft drivers strike, seek passage of PRO Act

Ride-hailing drivers across the country executed a strike Wednesday, calling on the U.S. Senate to pass the PRO Act, a bill that would allow them...

Senate passes bill that targets China and chips in 68-32 vote

The Democratic-run Senate, with some Republican support, passed legislation on Tuesday that targets China and aims to support the American semiconductor industry, in a sign...

A G-7 Deal on a Global Minimum Tax for Companies Faces Hurdles

An agreement by wealthy countries to impose minimum taxes on multinational companies faces a rocky path to implementation, with many governments likely to wait and...

Joe Biden has been pitching free community college since the Obama administration — can he now make it a reality?

During his state of the union address in 2015, then-President Barack Obama pitched Congress and the American public on what he described as a “bold...

Germany’s federal election may be the Georgia Senate race of the autumn

When the U.S. Senate surprisingly fell into Democratic hands after the Georgia runoff race, the financial market impact was monumental. The move was most obviously...

Cannabis-banking bill approved by House; future in Senate uncertain

Marijuana-related businesses would have one industry obstacle — access to the U.S. banking system — made less burdensome under a bill that passed the House...

‘A life-changing achievement’ — what the $1.9 trillion COVID bill means for families with kids

America’s families with children are one step closer to a cash infusion that could potentially lift millions of kids out of poverty and be the...

PRO Act, called ‘most important labor legislation in several generations,’ passes House

The U.S. House of Representatives on Tuesday passed the PRO Act, which supporters called the most significant labor legislation in decades and opponents characterized as...

Senior House Democrat says using filibuster to stop minimum-wage hike is akin to using it to block civil rights

The third-ranking House Democrat, Rep. Jim Clyburn, tore into Republicans for opposing a minimum-wage boost, saying their threatened used of the filibuster in the Senate...

$1.9 trillion coronavirus aid package set to clear House late tonight

House Democrats hope to clear President Joe Biden’s $1.9 trillion economic package late Friday and send it on to the Senate, where it will face...

Trump’s second impeachment trial: How to watch it

Former President Donald Trump faces a second impeachment trial in the Senate this week, after the House last month voted to approve a charge of...

Cannabis stocks rally after Chuck Schumer leads drive for reforms that may end federal prohibition

Cannabis stocks were mostly higher Tuesday after three Democratic senators led by Majority Leader Chuck Schumer said they would make reform legislation a key priority...

Yellen says raising minimum wage to $15 would have ‘minimal’ impact on jobs, but nonpartisan Congressional Budget Office disagrees

Raising the minimum wage to $15 an hour from $7.25 would help the U.S. economy more than it would harm it, Janet Yellen, President Joe...

Mitt Romney likely to have Republican company in a second vote to impeach Trump

In President Donald Trump’s impeachment trial early last year, Sen. Mitt Romney was the lone Republican vote in favor of conviction. That seems unlikely to...

10 Biden tax plans that will sail through a Democratic-controlled Senate — and how to prepare for them

With the New Year here and a Democratic-controlled Senate looking increasingly likely after the runoff Senate elections in Georgia, President-elect Joe Biden’s tax plans are...

Financial sector set for best day in 2 months as Georgia results spark bond-yield pop

Bank stocks were breaking out on Wednesday, led by a rise in rates that was rippling throughout financial markets. But the move in benchmark government...

Dow rises, but tech stocks slip as ‘reflation trade’ grips Wall Street after Democrats flip Senate seat

U.S. stocks mostly shook off early losses to trade higher Wednesday, though technology sector stocks remained lower, after Democrats scored at least one U.S. Senate...

Stock-market futures slip, bond yields pop near 1% amid razor-thin Georgia races

Wall Street had Georgia squarely on its mind Tuesday night, with equity futures and bonds mostly in the crosshairs as investors eyed dual contests for...

Dow futures edge lower after stocks see first decline to start a year since 2016

The main U.S. stock benchmarks on Tuesday were pointing lower after equities registered their first losses to open a new year since 2016 on Monday,...

Pence to make eleventh-hour ‘faith community’ appeal on behalf of Georgia Republicans Loeffler and Perdue

President Donald Trump, President-elect Joe Biden, Vice President–elect Kamala Harris and now Trump’s vice president, Mike Pence, are headed to Georgia next week to try...

Here’s why the Georgia runoff elections for the U.S. Senate could turn into a ‘big deal’ for markets

The runoff elections for two U.S. Senate seats in Georgia next Tuesday have the potential to inject volatility into a high-flying stock market that has...

Out-of-equilibrium economy will keep the Fed ‘hostage’ to stock market, strategist argues

It’s the time of year to look back over the last 12 months, but one strategist reached back to the 19th century to describe what’s...

McConnell threat to tie bigger stimulus checks to other issues leaves Senate gridlocked

The Senate adjourned Tuesday without taking any action on a House bill to increase the size of the new stimulus payments, as Majority Leader Mitch...