Coronavirus-hammered Air France discussing thousands of job cuts

PARIS — Air France is meeting with personnel representatives Friday to discuss thousands of job cuts after the virus pandemic grounded most flights and darkened prospects for future air travel. Activists from the far-left CGT union protested at Air France headquarters at Paris’ Charles de Gaulle Airport as the talks began. They’re particularly angry that […]

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Fed’s Powell continued to talk frequently with Mnuchin, lawmakers in May

2/2 © Reuters. FILE PHOTO: U.S. House of Representatives Financial Services Committee hearing on oversight of the Treasury Department and Federal Reserve response to the outbreak of the coronavirus disease (COVID-19), in Washington 2/2 WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell continued to talk regularly with Treasury Secretary Steven Mnuchin and key U.S. lawmakers […]

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House passes bill to sanction Chinese entities that menace Hong Kong, banks that work with them

The House of Representatives on Wednesday night passed a bill to impose sanctions on entities that help violate Hong Kong’s autonomy and financial institutions that do business with them, a response to the passage of a “national security” law that tightened Beijing’s grip on Hong Kong — which has been semi-autonomous from China since 1997. The Chinese law, passed earlier this week, says […]

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U.S. House passes bill to sanction Chinese banks over Hong Kong

By Patricia Zengerle WASHINGTON (Reuters) – The U.S. House of Representatives passed legislation on Wednesday that would penalize banks doing business with Chinese officials who implement a national security law that House Speaker Nancy Pelosi called a “brutal, sweeping crackdown” on Hong Kong. The measure passed by unanimous consent, reflecting concern in Washington over China’s […]

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U.S. House passes to put sanctions on Chinese banks over Hong Kong

WASHINGTON (Reuters) – The U.S. House of Representatives passed legislation on Wednesday that would impose penalties on banks doing business with Chinese officials who implement a national security law cracking down on Hong Kong. The measure passed by unanimous consent. Disclaimer: Fusion Media would like to remind you that the data contained in this website […]

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Trump: Getting ‘more and more happy’ with Fed Chair Powell during pandemic

© Reuters. FILE PHOTO: U.S. House of Representatives Financial Services Committee hearing on oversight of the Treasury Department and Federal Reserve response to the outbreak of the coronavirus disease (COVID-19), in Washington WASHINGTON (Reuters) – President Donald Trump on Wednesday indicated he was warming to Federal Reserve Chairman Jerome Powell, whom he has harshly criticized […]

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House Dems attend White House briefing on Russian bounty reports

Top Democrats in the House of Representatives visited the White House on Tuesday morning for a briefing on the alleged bounties Russia put on American soldiers in Afghanistan — and who at the White House knew about the intelligence and when. The delegation was led by Majority Leader Steny Hoyer, D-Md,. and also included Intelligence Committee […]

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In Historic Vote, House Approves Statehood for the District of Columbia

WASHINGTON — The House of Representatives voted nearly along party lines on Friday to grant statehood to Washington, D.C., the first time a chamber of Congress has approved establishing the nation’s capital as a state. The legislation, which is unlikely to advance in the Republican-led Senate, would establish a 51st state — Washington, Douglass Commonwealth, […]

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House approves DC statehood bill, GOP calls move Dem ‘power grab’

The House of Representatives on Friday voted to make Washington D.C. the 51st state, a move cheered by Washingtonians and Democrats as a long-overdue acknowledgment of full citizenship, while Republicans panned the effort as a Democratic Party power grab. The vote was 232-180. The vote fell largely along party-lines: Rep. Collin Peterson, D-Minn., one of the most conservative […]

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House to vote on DC statehood, as effort faces Republican opposition

The House of Representatives on Friday will vote on whether to make Washington D.C. a state, making it the second time the House has voted on such a measure in the nearly 230 years since the district was established — but the Democratic-led push is unlikely to succeed due to strong Republican opposition. Lawmakers donned masks […]

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DC’s ‘shadow senator’ says ‘it’s time’ for statehood, as House prepares for vote

Nearly 230 years after the establishment of Washington, D.C., the House of Representatives will be voting on a bill Friday to make the district a state — and according to D.C.’s “shadow senator” Paul Strauss, the time is right for it to finally happen. The last time a push for statehood came this far was in […]

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Majority of House members back resolution supporting Iranian opposition, condemning regime’s terror

A majority of members of the House of Representatives are backing a bipartisan resolution that supports the Iranian opposition movement’s call for a secular, democratic Iran — and condemns Iranian state-sponsored terrorism. “There’s a reason that there is a strong bipartisan majority in the U.S. House of Representatives has come together to cosponsor this resolution condemning […]

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Ex-CIA spy Valerie Plame loses House bid in New Mexico Dem primary

Former spy Valerie Plame on Tuesday lost her bid for the U.S. House of Representatives, falling in New Mexico’s Democratic primary election to attorney Teresa Leger Fernandez. Plame had announced in 2019 that she was running for the spot being left vacant by Rep. Ben Ray Luján, D-N.M., who is seeking the Senate seat of the […]

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GOP Rep. Steve King claims he’s poised to have committee assignments restored

Rep. Steve King, R-Iowa, claims he’s poised to have his House of Representatives committee assignments restored after they were stripped from him more than a year ago for making comments that were widely panned as racist. King told his constituents in Iowa Monday that he had reached a deal with Republican Leader Kevin McCarthy, R-Calif., […]

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Markazi: UFC carried on in wake of positive COVID-19 tests. Will other sports?

NBA Commissioner Adam Silver was on a conference call with representatives of the league players’ association, discussing restarting the season. His stance about one issue was clear. If the NBA was going to resume play, it would commit to staying on course even in the face of a positive COVID-19 test, or, depending on the […]

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Under Pressure, House Leaders Scrap Plans for Speedy Return to the Capitol

WASHINGTON — Democratic leaders on Tuesday scrapped a plan to call the House of Representatives back into session in Washington next week, abruptly reversing themselves after some rank-and-file lawmakers complained that doing so constituted an unnecessary risk as the novel coronavirus continues to spread in the capital and throughout the country. Representative Steny H. Hoyer, […]

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U.S. banks gird for mad grab of another $310 billion in new small business aid

2/2 © Reuters. The U.S. House of Representatives pass an additional economic stimulus package passed earlier in the week by the U.S. Senate, on Capitol Hill in Washington 2/2 By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – U.S. banks were girding on Monday for another chaotic dash to grab $310 billion in fresh small […]

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Democrats urge paycheck scheme coverage for community, minority lenders

© Reuters. Members of U.S. House of Representatives gather to vote on $484 billion coronavirus relief bill on Capitol Hill in Washington (Reuters) – Top Democrats have urged the U.S. Treasury Department and the Small Business Administration (SBA) to expand opportunities for community development financial institutions (CDFIs) and minority depository institutions (MDIs) in the Paycheck […]

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U.S. Democrats urge paycheck scheme coverage for community, minority lenders

© Reuters. Members of U.S. House of Representatives gather to vote on $484 billion coronavirus relief bill on Capitol Hill in Washington (Reuters) – Top Democrats have urged the U.S. Treasury Department and the Small Business Administration (SBA) to expand opportunities for community development financial institutions (CDFIs) and minority depository institutions (MDIs) in the Paycheck […]

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House passes $484B coronavirus small business relief bill, sends to Trump

The House of Representatives Thursday overwhelmingly passed a $484 billion relief package to rescue small businesses, help hospitals and to expand testing, sending the fourth bipartisan coronavirus bill to President Trump’s desk. The legislation will deliver a $310 billion infusion to the Paycheck Protection Program (PPP), a forgivable loan program that ran out money last week amid skyrocketing […]

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Congress weighs remote voting in wake of two lawmakers testing positive for coronavirus

Members of both the House of Representatives and the Senate are pushing to allow Congress to vote remotely as leaders work feverishly to hash out an agreement for a massive coronavirus relief bill and after two colleagues tested positive for the novel coronavirus Wednesday. Sen. Dick Durbin, D-Ill., and Sen. Rob Portman, R-Ohio, on Thursday introduced […]

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Trump signs coronavirus relief package

U.S. President Donald Trump listens during a meeting with representatives of American nurses at the Cabinet Room of the White House March 18, 2020 in Washington, DC. | Photo by Alex Wong/Getty Images The bill offers free testing for coronavirus and boosts unemployment insurance, food assistance and federal funding for Medicaid WASHINGTON – President Donald […]

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Next week’s Illinois House session canceled

The Illinois House of Representatives will not meet next week at the Illinois State Capitol in Springfield. | AP file Representatives also were told to begin “re-evaluating any and all travel plans,” including during the legislature’s spring break, April 5-12. The Illinois House of Representatives has canceled next week’s session, according to an email House […]

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Explainer: What’s in the U.S. coronavirus aid bill?

WASHINGTON (Reuters) – The U.S. House of Representatives passed a multi-billion dollar aid package early on Saturday that aims to limit the economic damage from the coronavirus pandemic. The Republican-controlled Senate is expected to take it up this week. Here is a look at major elements of the legislation. FREE CORONAVIRUS TESTING The bill would […]

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Pelosi telegraphs third coronavirus funding bill amid scramble to calm markets

As she told Democratic members that the House of Representatives was close to a “bipartisan agreement” on a second bill to fight the coronavirus pandemic, House Speaker Nancy Pelosi, D-Calif., also telegraphed overnight that the chamber would begin work on a third coronavirus-related spending measure. The move came after the worst day on the stock market since […]

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U.S. excludes some Chinese medical products from tariffs

WASHINGTON (Reuters) – The U.S. Trade Representative’s office said it granted on Thursday exclusions from import tariffs for some medical products imported from China, including face masks, stethoscope covers and blood pressure cuff sleeves. The exclusions were granted as the United States grapples with a coronavirus outbreak that threatens to strain its healthcare system. Earlier […]

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