Senator Patty Murray plans to introduce a bill to increase the minimum wage from $7.25 to $12 by 2020, the NYT rpeorts.» Read More
Another top Democrat, Senator Chuck Schumer, said there was strong bipartisan support for a measure to discourage China from currency manipulation that could be part of the "trade promotion authority" legislation that is being considered by the Senate Finance Committee on Wednesday.
WASHINGTON, April 16- Senior U.S. lawmakers reached agreement on Thursday on the wording of a bill aimed at giving the White House "fast track" authority to negotiate a Pacific trade pact that is central to President Barack Obama's strategic shift toward Asia. The Obama administration announced in late 2009 that it was entering TPP negotiations with Australia,...
WASHINGTON, April 16- Senior U.S. lawmakers reached agreement on Thursday on a bill to give the White House "fast track" authority to negotiate a trade pact with 11 other Pacific nations that is central to President Barack Obama's strategic shift toward Asia. The White House has faced pressure to make progress on the bill ahead of a meeting between Obama and...
Senator Charles Schumer wants regulators to look into reports that some Lumber Liquidators laminate flooring is unsafe, NBC reports.
House Speaker John Boehner is raising the possibility that the Department of Homeland Security may shut down because of a budget impasse.
The Senate failed to get the 60 votes needed to limit debate, voting 53 to 39 on the measure. The Keystone bill allows Congress to approve TransCanada Corp's project to link Canada's oil sands to refineries on the Gulf Coast. Democrats, who lost control of the Senate as a result of November's elections, flexed their muscles to deliver a message to Majority Leader...
Ted Christie, chief financial officer at low-cost carrier Spirit Airlines, said airlines had "very expensive systems and people thinking about how to maximise revenue, and they should do that regardless of the oil price." Politicians and consumer groups in the United States and Europe have called on airlines to cut fares. And on Jan. 7, as North Sea oil prices hit a...
Sen. Charles Schumer is calling for federal investigations of high airfares, questioning why they're not dropping along with fuel costs.
Treasury Secretary Jack Lew on Tuesday called on lawmakers to reauthorize a federal terrorism insurance program, saying they should not tie its approval to consideration of proposed changes to unrelated Wall Street reforms. The U.S. Senate voted overwhelmingly in July to extend the program, called the Terrorism Risk Insurance Act. But negotiations with the...
Treasury Secretary Jack Lew on Tuesday said lawmakers should not delay reauthorization of a federal terrorism insurance program over disagreements on "unrelated financial regulatory issues." Lew said in a letter to U.S. Senator Chuck Schumer, a Democrat who has been negotiating over the insurance program, that there is little time before it expires at the end...
The first wave of people who had contact with the original Dallas Ebola patient who died were taken off a watch list early Monday.
High-ranking lawmakers from both parties had urged Pierson to resign.
U.S. Sen. Charles Schumer is proposing legislation to ban 10 flame retardants from upholstered furniture and children's products.
Congress finally returns this week after its long recess and prepares to do what it does best: Absolutely nothing, Politico's Ben White says.
Plenty of behind-the-scenes maneuvering it taking place to get a huge Chobani shipment sent to Sochi for Team USA.
Everyone wants a smartphone, especially muggers. Law enforcement officials are pressuring the industry to require "kill switch" technology.
Surprise! Washington could be slightly less dysfunctional next year. Keep an eye on the debt ceiling, tax reform and mid-term elections. POLITICO's Ben White reports.
Speaker Boehner said that the GOP would offer a temporary increase in the debt ceiling in return for discussions with Obama on the budget and deficit.
Sen. Chuck Schumer warns that if the market thinks these games are going to become routine, another downgrade is possible.
Sen. Charles Schumer, (D-NY), says he will fight to get the longest term debt ceiling deal possible. "It is the right thing to do for the markets, country, and citizens."