Financial regulatory reform uses multiple complex provisions to force banks to raise capital and lower risk. Today, Sen. Charles Schumer (D-N.Y.) offered his support for a blunter instrument: a bank tax.
“I think the administration’s proposal is a common-sense way to make sure that money should be repaid, and More…
A roundup of the top immigration stories of the week:
- Today, Sens. Lindsey Graham (R-S.C.) and Charles Schumer (D-N.Y.) outlined their plans for immigration reform in a Washington Post op-ed. They wrote: “Our plan has four pillars: requiring biometric Social Security cards to More…
If immigration reform doesn’t get support from both sides of the aisle, we could see another failed attempt at comprehensive reform reminiscent of 2006 and 2007. But it seems like very few senators are willing to touch immigration reform, a potentially toxic political issue, as they try to navigate health More…
A roundup of the top immigration stories of the week:
- After hosting immigration reform advocates at the White House yesterday, President Obama met with Sens. Charles Schumer (D-N.Y.) and Lindsey Graham (R-S.C.) to discuss plans for comprehensive immigration reform. The two senators have been working together to draft a More…
Pro-immigration reform advocates may be applauding President Obama’s immigration meetings at the White House today, but anti-immigration groups are pushing back hard.
Immigration reform has been on the back burner of the Obama administration’s agenda because of the recession and health care, but now it seems to be gaining momentum More…
A roundup of the top immigration stories of the week:
- Yesterday, President Obama met with members of the Domestic Policy Council to talk strategy on immigration reform, focusing on ways to advance the efforts of Sens. Charles Schumer (D-N.Y.) and Lindsey Graham (R-S.C.), who have been working on More…
-To reduce the state debt in California, Gov. Arnold Schwarzenegger (R-Calif.) wants to make a drastic cut in public assistance for legal immigrants. The cut would mostly affect new immigrants, who are not yet eligible for welfare, by eliminating More…
Two days after it overcame its chief procedural hurdle, a scaled-back jobs bill just passed the Senate by a vote of 70-28.
The $15 billion bill must now be reconciled with a $154 billion jobs bill passed by the House in December.
Democrats promoting their $15 billion jobs bill Thursday were hoping to get a strong endorsement from one of the nation’s most influential financial experts. Instead, Mark Zandi, chief economist at Moody’s Economy.com, said the bill is “too small” to tackle the jobs crisis and More…
Democratic leaders in each chamber have teamed up today to introduce a legislative package designed to nullify the Supreme Court’s recent decision empowering corporations to spend uncapped sums to influence federal elections. Calling the High Court’s ruling a “radical decision” that could “drown out the voices of American More…
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