WASHINGTON — When Congress returns from its Memorial Day break next week, the U.S. House will take up a massive bill that will repeal much of the Dodd-Frank Act, a law aimed at reforming Wall Street after the 2008 collapse of the housing market that set off a free-fall in the stock market.
Jeb Hensarling
Posted inPolitics
No Ex-Im bank, so GE says it may move jobs overseas
WASHINGTON – General Electric announced Tuesday that it may move about 500 U.S. jobs to France, Hungary and China because of Congress’s failure to extend the charter of the Export-Import Bank. It is an issue that could also influence the Connecticut-based company’s search for a new headquarters.
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CT insurers, businesses press balky Congress to approve terrorism risk bill
WASHINGTON – Connecticut’s property and casualty insurers and other vulnerable businesses are urging Congress to beat a Dec. 31 deadline to renew a program designed to help pay for the costs of a terrorist attack. The GOP-led House is balking at considering a bill approved by the Senate in April with strong bipartisan support.