1 hr ago
Club for Growth withdraws key vote on stopgap spending bill
The conservative group Club for Growth said Wednesday that it is pulling its key vote on the $1 trillion stopgap-spending bill because the vote will largely be driven by foreign policy. GOP lawmakers have attached an amendment to the bill authorizing funds and training for moderate Syrian rebel groups to fight the Islamic State in Iraq and Syria, with a vote expected Wednesday.
5 hrs ago
Dems give business a thorny embrace
Democrats are offering a mixed message to the business community as they try to peel away support from the Republican Party. For months, Democrats have wooed the business community by touting their support for the expiring Export-Import Bank, an agency Tea Party Republicans have been fighting to disband.
Tue Sep 16, 2014
U.S. House passes bill adjusting Dodd-Frank treatment of insurers
The U.S. House of Representatives voted on Tuesday to ease capital requirements for big insurance companies, an adjustment to the 2010 Dodd-Frank financial oversight law that enjoys bipartisan support but faces procedural hurdles in the Senate. The bill would provide relief to big insurers that regulators deem "systemically" risky, or so big their failure could destabilize markets.
U.S. Ex-Im Bank extension seen likely though mid-2015 -lawmakers
The U.S. Export-Import Bank is likely to have its charter renewed through mid-2015 this week, even though lawmakers in both parties said on Tuesday they see the extension as a second-best solution. Most Republicans said they would support an extension through June 2015 after influential conservative Representative Jeb Hensarling of Texas, who had pushed to shut the export credit agency down when its charter expires on Sept.
Mon Sep 15, 2014
50 days left until midterms, and GOP keeping troops in line
Fifty days before the midterm elections, Republican leaders are getting their troops in line as the GOP eyes something it hasn't had in eight years: Control of both chambers of Congress. The party's recruitment of strong candidates has resulted in no serious gaffes and has produced polling leads in several key swing states in the bare-knuckle brawl for the Senate.
Sun Sep 14, 2014
Wall Street Journal
Funding for Trade Financing Gets Reframed
House Financial Services Committee Chairman Jeb Hensarling has spent much of this year waging a very public fight against the U.S. Export-Import Bank, saying the agency tasked with helping U.S. exports is a form of corporate welfare and crony capitalism. But now, even though he has an opening to insist that the bank's charter be allowed to lapse-it expires on the same day, Sept.
Thu Sep 11, 2014
Republican lawmakers see U.S. Ex-Im extension despite pressure
Conservative groups kept up the pressure on Thursday to shut down the U.S. Export-Import Bank, but the agency's supporters and many lawmakers expect Congress to approve a deal next week to extend its charter for nine more months. Leaders in the Republican-controlled House of Representatives said this week they would reauthorize the Ex-Im Bank before its charter expires on Sept.
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Thirteen years ago, the United States was changed in a profound way. A major attack on the homeland by a non-state foreign actor had never happened before, and the consequences - thousands of deaths, landmarks destroyed and damaged - were terrifying.
House GOP unveils "clean" CR to push budget fight to mid-December
With all of the other news ricocheting around the media and social networks, this may seem like a sleeper of a story, but it's a bigger deal than one might think - literally as well as figuratively . Last night, House Republicans unveiled their proposed continuing resolution that will fund government well past the midterm elections, and it won't make conservatives like Rep. Jeb Hensarling too happy.
Hensarling's Political Muscle Tested In Fight Against Export-Import Bank
Late Tuesday, Republicans in the U.S. House moved to temporarily extend the authority of the Export-Import Bank as part of a funding bill needed to prevent a government shutdown at month's end. U.S. Rep. Jeb Hensarling , a Dallas Republican, has bucked businesses and some Republicans in his battle to phase out the agency that finances U.S. exports.
House Republicans Weigh Adding Syria Provision to Spending
Efforts in Congress to quickly pass spending legislation to avoid a government shutdown are on hold as House Republicans weigh whether to add language authorizing U.S. troops to train and equip Syrian rebels. President Barack Obama 's last-minute request on Syria has delayed a vote on a federal spending bill initially planned for today.
Wed Sep 10, 2014
RPT-Reuters Summit-U.S. exporters wary of short-term Ex-Im extension
U.S. businesses that rely on the Export-Import Bank for financing are uneasy about a Republican plan for a nine-month extension of the bank's charter, fearing uncertainty about the lender's future could put them at a disadvantage against overseas competitors. Export-Import Bank President Fred Hochberg told the Reuters Aerospace and Defense Summit on Wednesday that, although he did not want to pre-judge the decision by lawmakers, the norm had been five-year extensions.
Delay Opens Door for More Continuing Resolution Complications
Obama's last-minute "Title 10 authority" request could make it tougher for Hoyer and other Democrats to oppose the GOP spending bill. President Barack Obama conservatives emerged from a Tuesday night meeting with Sen. Ted Cruz expressing a desire to change how long the government will be funded under the bill.
Xenia Daily Gazette
Congress must do or the Ex-Im Bank will die and, along with it, crucial help for Texas companies whose lifeblood is the export of goods. Also gone will be good Texas jobs.
Rep. Harris bows out of race to lead conservative Republican group
Rep. Andy Harris bowed out of the race to become the next chair of the Republican Study Committee on Tuesday, citing the unexpected death of his wife last month. The move gives Rep. Mick Mulvaney a clearer path to lead the group of conservative lawmakers in the 114th Congress, though he's still facing challenges from Reps.
Tue Sep 09, 2014
Cruz injects border into budget fight
Sen. Ted Cruz is threatening to use a stopgap government funding measure to torpedo President Obama's executive order on immigration. The remarks by the Tea Party lawmaker set up the possibility of another fiscal standoff this month and immediately triggered Democratic criticism that Republicans want to shut down the government.
Ex-Im Bank Likely to Survive, for Now
Lawmakers are back in Washington deciding whether to intervene in a series of international crises -- from Iraq to Ukraine -- after a monthlong break. But they may have a self-made emergency back on their home turfs if they don't fund the federal government beyond Sept.
Boehner: Temporary Ex-Im Bank Deal Is in the Works
Speaker John A. Boehner was cagey Tuesday morning when asked whether an extension of the Export-Import Bank would be included on the upcoming continuing resolution to keep the government funded. But GOP leadership looks poised to extend the export credit agency, despite opposition from fiscal hawks and a couple of powerful conservative groups.
Is Europe falling apart? - House GOP eyes Ex-Im extension - Big...
HAPPENING THIS A.M.: M.M. BREAKFAST WITH TONY JAMES - Hope to see many of you at the Mayflower in DC this morning for our Morning Money Breakfast with Blackstone President Tony James. We will discuss tax inversions, the U.S. and global economy, Wall Street reform, the 2014 midterms, 2016 and more! Follow along live here and Tweet me questions hasghtagged #MorningMoney: http://politi.co/1qG20up THE BIG IDEA: IS EUROPE FALLING APART? - B.I.'s Joe Weisenthal: "The big news at the moment is in the UK, where it looks like there's a real chance that Scotland might vote to leave Great Britain But you shouldn't let the possible breakup of the Sterling-zone distract you from the mess elsewhere.
Mon Sep 08, 2014
Dallas Morning News
Hensarling, some businesses at odds over Export-Import Bank
Itac Systems, a small Garland-based computer accessories company, sells just over $100,000 worth of products overseas each year. It relies on the Export-Import Bank of the United States for almost all of its international business.