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Elizabeth Warren

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  • Washington, May 21- President Barack Obama on Thursday moved closer to winning the power to speed trade deals through the U.S. Congress when the Senate advanced legislation important to his Asian trade push. The TPP is part of Obama's so-called pivot to Asia, a strategy to counter China's rising economic and diplomatic clout in Asia. They were joined by 49 of 54...

  • WASHINGTON— Republican senators advanced legislation Thursday that would ease rules on smaller banks and other requirements of the landmark law reining in Wall Street and the financial industry after the 2008 crisis. But it received no support from Democrats, making its chances of Senate passage slim. Now tables have been turned by last November's...

  • Washington, May 21- President Barack Obama on Thursday moved closer to winning the power to speed trade deals through the U.S. Congress when the Senate advanced legislation important to his Asian trade push. The TPP is part of Obama's so-called pivot to Asia, a strategy to counter China's rising economic and diplomatic clout in Asia. Thirteen of 44 Democrats...

  • *Senate vote xx to xx shows solid/weak support base. Washington, May 21- President Barack Obama's signature Asian trade push cleared another hurdle in the U.S. Senate on Thursday after a knife-edge vote moved the White House closer to gaining the power to speed trade deals through Congress. Thirteen of 44 Democrats supported the legislation through the second...

  • *House of Representatives watching Senate outcome. WASHINGTON, May 20- President Barack Obama's keynote Asian trade push risks failing in a Senate vote on Thursday, a result that would threaten the administration's diplomatic pivot to Asia to counter China's rising economic and political clout in the region. A vote to advance debate requires 60 votes in the...

  • WASHINGTON— If the U.S. doesn't write the rules of international trade, President Barack Obama warns, China will. In fact, China is already helping write those rules, and in some ways has jumped ahead of the game. China is the largest economy negotiating the Regional Comprehensive Economic Partnership, 16 countries that include the 10 members of the Association of...

  • CEDAR FALLS, IOWA, May 19- Democratic U.S. presidential contender Hillary Clinton set up a potential clash over sensitive trade legislation with the White House on Tuesday, urging steps to prevent currency manipulation and lawsuits by foreign companies against governments. The White House also ratcheted up pressure on lawmakers, threatening to veto...

  • CEDAR FALLS, IOWA, May 19- Democratic U.S. presidential contender Hillary Clinton clashed with the White House on Tuesday saying she wants any trade legislation to address concerns over "currency manipulation," dealing a damaging blow to one of President Barack Obama's key policies for his second term. Soon after Clinton spoke on the campaign trail in Iowa,...

  • WASHINGTON— If the U.S. doesn't write the rules of international trade, President Barack Obama warns, China will. In fact, China is already helping write those rules, and in some ways has jumped ahead of the game. China is the largest economy negotiating the Regional Comprehensive Economic Partnership, 16 countries that include the 10 members of the Association of...

  • CEDAR FALLS, IOWA, May 19- Democratic U.S. presidential contender Hillary Clinton said on Tuesday she wants any trade legislation to address concerns over "currency manipulation," a view that puts her at odds with the White House over granting fast-track Trade Promotion Authority to the president. The Senate is to vote this week on the fast-track measure that...

  • CEDAR FALLS, Iowa— Hillary Rodham Clinton sharply criticized Republican efforts to revamp a 2010 financial regulation law as "cynical attempt to game the system for those at the top." But she continued to avoid taking a position on an Asia-Pacific trade pact that has divided fellow Democrats. Financial disclosures released by the campaign last week showed that...

  • WASHINGTON, May 18- U.S. Senate Finance Committee Chairman Orrin Hatch said on Monday he is prepared to stay as long as necessary to pass legislation key to a Pacific trade pact before lawmakers go on a break at the end of this week. Hatch, a Republican, said there is no reason for debate to drag on, despite potentially dozens of amendments to legislation to streamline...

  • WASHINGTON, May 17- Top Republicans predicted on Sunday that both chambers of Congress would muster the votes to pass the "fast-track" authority sought by President Barack Obama to negotiate major trade deals, despite opposition from Obama's fellow Democrats. We'll pass it later this week, "Senate Republican leader Mitch McConnell said in an interview with ABC.

  • *Senate backs import duties for currency manipulators. Just two days after Democrats defied Obama to block debate on a bill to "fast-track" trade deals such as the Trans-Pacific Partnership trade deal through Congress, the Senate voted 65 to 33 to move ahead with consideration of the measure. Strong support for the bill on this second go-round suggests senators...

  • *Senate backs import duties for currency manipulators. Just two days after Democrats defied Obama to block debate on the "fast-track" trade negotiating authority that he needs to complete the Trans-Pacific Partnership trade deal, the Senate voted 65 to 33 to move ahead with considering the measure. Republicans voted in lock-step to give supporters of the...

  • What all the fighting is about over Pacific trade Thursday, 14 May 2015 | 2:35 PM ET
    Sen. Elizabeth Warren, D-Mass., speaks during a United Steelworkers rally in opposition to the proposed “fast-track” bill, or trade promotion authority, in Washington, April 15, 2015.

    Although the White House won a minor victory on Wednesday, Obama's push for trade fast-track is just the beginning of the battle.

  • *Senate backs import duties for currency manipulators. The Senate voted 78 to 20 to allow the United States to slap import duties on goods from countries found to be artificially lowering the value of their currencies to gain an export advantage, despite objections from the White House that the measure would breach international trade laws.

  • 5 banks expected to plead guilty to felony charges Thursday, 14 May 2015 | 5:47 AM ET

    Five of the world's biggest banks will plead guilty to an array of antitrust and fraud charges as soon as next week, the New York Times reports.

  • WASHINGTON, May 14- President Barack Obama's trade agenda, which focuses squarely on developing stronger ties with Asia, gets a shot at new life on Thursday when the U.S. Senate is set to hold an important test vote on legislation to help him complete a Pacific Rim deal. Just two days earlier, Obama's own Democrats defied him and blocked consideration of the "...

  • Senators forge path forward on Pacific trade pact Wednesday, 13 May 2015 | 4:13 PM ET
    Senate Majority Leader Harry Reid (D-NV) (L) talks with Senate Minority Leader Mitch McConnell (R-KY).

    Senate alters voting procedure on trade deal to please both sides of the aisle.