Democrats

Deregulation Moves Predicted On Donald Trump’s Administration

President-elect Donald Trump has been filling his cabinet with surprising choices. His picks to hold significant positions in the cabinet are known adversaries of the agencies they will hold. Although his choices did not receive wide favorable response, he believes that his cabinet will remove regulations that stifle growth.

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North Carolina’s Governor Bid Seeks to Repeal LGBT Law

While trying to put too much attention on his bid for re-election on North Carolina’s financial system, revenues, teacher pay and the response to a significant flooding, Pat McCrory, Republican Governor, was in the hot spot as he signs a regulatory that limits the protections for the members of the LGBT community.

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Women-owned businesses less possible to win US contracts, says study

The US federal contracts are somehow still not won by the women-owned small companies in this day and age. Senator Jeanne Shaheen has openly expressed her disappointment regarding this sobering fact. But she is still optimistic that the changing laws would rectify the situation and empower women with the experience to bid for larger and more competitive federal contracts in the future.

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Push to axe U.S. crude export ban strengthens in House: lawmakers

Lawmakers in the House of Representatives who are trying to end the decades-old ban on U.S. crude oil exports said on Thursday they were gaining support after a Democrat joined the Republican-led effort. Representative Henry Cuellar became the first Democrat to sign on to a bill launched in February by Representative Joe Barton, a Republican and fellow Texan.

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Obama struggles with Wall Street to woo Democrats over broker rules

The Obama administration is battling Wall Street to win the support of dozens of Democrat lawmakers over rules that could rein in brokers who handle trillions of dollars in retirement accounts.

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White House sees China as trump card in trade debate

The Obama administration is confident lawmakers will warm up to a proposed Pacific free trade deal on the grounds it is a chance for the United States, rather than China, to dictate the rules of Asian trade, a top official said on Thursday.

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Democrats set high bar for supporting Obama on trade

Senior Democrats in the House of Representatives said on Thursday they would insist President Barack Obama provide hard evidence that proposed free trade deals will boost median U.S. incomes, laying out tough terms to support his trade agenda.

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U.S. free trade critics, supporters kick off battle for public opinion

Supporters and critics of free trade are readying for a bitter battle this year over major free trade deals and legislation to fast-track trade agreements through the U.S. Congress.

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Washington governor pushes capital gains tax in face of budget gap

Washington state Governor Jay Inslee on Thursday proposed a new tax on capital gains to try to close a projected budget shortfall of more than $2 billion, rolling back on a no-new-taxes campaign pledge.

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Obama says he'll sign government spending bill passed by Congress

President Barack Obama said on Monday he planned to sign a $1.1 trillion spending bill that was passed over the weekend by Congress to lift the threat of a government shutdown.

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Wall Street scores a win in Washington, eyes more victories

Five years after President Barack Obama slammed Wall Street "fat cat" bankers, some of the nation's biggest banks this week successfully lobbied Congress to roll back a hotly debated provision in the 2010 Dodd-Frank financial reform law.

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U.S. Senate aims to vote Monday on $1.1 trillion spending bill

The U.S. Senate on Friday struggled to pass a $1.1 trillion spending bill that would avert a looming federal government shutdown, postponing a vote until Monday when procedural hurdles begin to evaporate.

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Obama sketches 2015 agenda of taxes, trade; meets McConnell

President Barack Obama on Wednesday laid out a business-friendly legislative agenda for next year that hinges on whether he and the new Republican Congress can set aside long-simmering disputes and find common ground.

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U.S. House passes Keystone bill

The Republican-led U.S. House of Representatives approved the Keystone XL pipeline on Friday, but a similar measure struggled to get enough support in the Senate and President Barack Obama indicated he might use his veto if the bill does get through Congress.

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Unknown election outcome is stocks' big fear

A handful of toss-up U.S. Senate races next week could hold the key to whether the stock market glides through the year-end in a typical post-midterm election rally or gets hit with a fresh bout of volatility.

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