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  • Reid Hoffman, chairman and co-founder of LinkedIn Corp.

    LinkedIn co-founder Reid Hoffman says enough is enough. It's time for Mitch McConnell and other GOP senators to do their jobs.

  • WASHINGTON, June 29- The U.S. Senate gave solid approval on Wednesday to a relief plan to help Puerto Rico address its $70 billion debt, sending the measure to President Obama for his signing into law just ahead of a possible default by the U.S. territory on its next debt payment. "This bill is not perfect, but it is a critical first step toward economic recovery and...

  • WASHINGTON, June 29- The U.S. Senate gave solid approval on Wednesday to a relief plan to help Puerto Rico address its $70 billion debt, sending the measure to President Obama for his signing into law just ahead of a possible default by the U.S. territory on its next debt payment. "This bill is not perfect, but it is a critical first step toward economic recovery and...

  • WASHINGTON, June 29- A relief plan to help the U.S. territory of Puerto Rico address its $70 billion debt moved closer to passage in the U.S. Senate on Wednesday, clearing a critical procedural hurdle by winning a supermajority of votes. Supporters want to send it to President Barack Obama to sign into law by July 1, when Puerto Rico faces a potential default on a chunk...

  • WASHINGTON, June 29- The U.S. Senate is aiming to finish its work and vote later on Wednesday on final passage of a relief plan to help Puerto Rico address its $70 billion debt, Senate Majority Leader Mitch McConnell said. The bill cleared a critical procedural hurdle in the Senate on Wednesday morning, and has already passed the House of Representatives.

  • WASHINGTON, June 29- A relief plan to help Puerto Rico address its $70 billion debt cleared a critical hurdle in the U.S. Senate on Wednesday, getting the super majority it needed to advance to debate and a final vote this week. Congress will try to send it to President Barack Obama to sign into law by July 1, when Puerto Rico faces a potential default on a chunk of its...

  • WASHINGTON, June 29- U.S. Senate Republican leader Mitch McConnell, speaking as lawmakers prepared to vote on a bill to address Puerto Rico's financial crisis, warned on Wednesday that failure to pass the legislation by Friday could lead to a taxpayer funded bailout. "This is the best and possibly the only action we can take to help Puerto Rico," McConnell said on the...

  • WASHINGTON, June 28- The Obama administration and U.S. Senate Republican leaders scrambled on Tuesday to garner enough support to get a Puerto Rico debt relief bill through a critical procedural vote set for Wednesday which several lawmakers predicted would be close. After months of waiting for Congress to act as Puerto Rico's economic crisis progressively...

  • WASHINGTON, June 28- U.S. Senate Majority Leader Mitch McConnell on Tuesday said he was optimistic that a Puerto Rico debt relief bill will get enough Democratic support to advance the measure this week.

  • WASHINGTON/ NEW YORK, June 27- After months of waiting for the U.S. Congress to act as Puerto Rico's economic crisis progressively worsened, the Caribbean island is on the verge of securing a relief plan from Washington aimed at helping it address a hobbling $70 billion debt. The Senate is set to launch a debate on Wednesday for legislation establishing a federal...

  • WASHINGTON, June 27- The U.S. Senate is on track to cast its first votes on a Puerto Rico debt relief bill as early as Wednesday after Majority Leader Mitch McConnell took steps late on Monday to begin debate on the legislation.

  • Treasury Secretary Jack Lew on Monday called on the Senate to take immediate action this week to address Puerto Rico's $70 billion debt crisis before the critical July 1 deadline for the island territory's next debt payments. "The Senate should take up the matter immediately," Lew said in a letter to Senate Majority Leader Mitch McConnell.

  • Treasury Secretary Jack Lew on Monday called on the Senate to take immediate action this week to address Puerto Rico's $70 billion debt crisis before the critical July 1 deadline for the island territory's next debt payments. "The Senate should take up the matter immediately," Lew said in a letter to Senate Majority Leader Mitch McConnell.

  • Treasury Secretary Jack Lew on Monday called on the Senate to take immediate action this week to address Puerto Rico's $70 billion debt crisis before the critical July 1 deadline for the island territory's next debt payments. "The Senate should take up the matter immediately," Lew said in a letter to Senate Majority Leader Mitch McConnell.

  • Treasury Secretary Jack Lew on Monday called on the Senate to take immediate action this week to address Puerto Rico's debt crisis before the critical July 1 deadline for the island territory's next debt payments. "The Senate should take up the matter immediately," Lew said in a letter to Senate Majority Leader Mitch McConnell. "Delay will only jeopardize the...

  • WASHINGTON, June 21- U.S. Senate Democratic leader Harry Reid said on Tuesday that amendments were necessary to a Puerto Rico debt bill that Senate Majority Leader Mitch McConnell said would be voted on by next week. The House of Representatives passed a Puerto Rico debt relief bill on June 9, following months of internal debate. Supporters hope the Senate passes...

  • WASHINGTON, June 21- U.S. Senate Democratic leader Harry Reid on Tuesday said amendments were necessary to a Puerto Rico debt bill that Senate Majority Leader Mitch McConnell said would be voted on by next week.

  • Democratic Senator Chris Murphy ended a blockade of the Senate after nearly 15 hours on Thursday, saying Republicans agreed to hold votes on measures to expand background checks and prevent people on U.S. terrorism watch lists from buying guns. Democrats stalled Senate proceedings on Wednesday in a bid to push for tougher gun control legislation following...

  • WASHINGTON, June 14- The U.S. Senate this month will debate legislation that passed overwhelmingly in the House of Representatives and aims to give Puerto Rico some relief from its $70 billion debt, Senate Majority Leader Mitch McConnell said on Tuesday. Backers of the House-passed bill are hoping the Senate signs off on the legislation before July 1, when...

  • WASHINGTON, June 14- U.S. Senate Majority Leader Mitch McConnell said on Tuesday the Senate would take up before the end of this month a bill passed by the House of Representatives dealing with Puerto Rico's debt. McConnell, the top Republican Senate leader, was speaking to reporters. Backers of the House-passed bill are hoping the Senate signs off on the...