Tag: Financial industry regulation

House Republicans Passes Bill To Replace Obamacare

On Thursday, the House narrowly passed the American Health Care Act, 217-213. Every Democrat voted against the GOP health-care bill, as did 20 Republicans. 217 Republicans voted in favor. The bill passed after a lengthy struggle by Republican leadership to win over moderates who were concerned the bill threatened coverage for people with pre-existing conditions,…

Jared Kushner Omitted Russia Meetings on Security Forms

President Trump’s son-in-law, Jared Kushner, is reported to have omitted dozens of contacts with foreign officials and leaders in recent months on his top-secret security-clearance application form. In order to get clearance, Kushner, according to The New York Times, was required to note all such encounters with foreign governments over the past seven years, but…

Russian Bank: We Met With Kushner

A controversial Russian bank disclosed Monday that its executives met with Jared Kushner, President Trump’s son-in-law, in December. The meeting, just weeks before the inauguration, holds significance because the Russian state development bank Vnesheconombank has been under Western economic sanctions after Russia’s invasion of Crimea and forays into Ukraine. Kushner, 36, is now a top…

Trump Ultimatum To GOP: Pass Health Care or Else

President Trump has urged a vote on the American Health Care Act on Friday after the vote was postponed Thursday due to a lack of sufficient support to pass it. According to The Washington Post, Trump delivered an ultimatum: Pass the bill or he will move on from the repeal-and-replace cause. House Speaker Paul Ryan…

GOP Struggles To Secure Votes On Health Bill

Republicans say they still plan to put the American Health Care Act up for a vote on Thursday, even as the White House and House Republican leaders continue to work to whip up enough votes to ensure passage. Late Wednesday, the White House and the conservative House Freedom Caucus reportedly reached a deal to strike…

John Oliver Rips Trumpcare: ‘People Are Going To Be Hurt By This Bill’

John Oliver ripped apart the latest healthcare reform, referring to it as “shitty Obamacare”. He then proceed to exposes the American Health Care Act, championed by the House speaker, Paul Ryan, saying: “You may not have wanted it, it looks awful, but it’s here anyway” which he likened to “Pirates of the Caribbean 5: The…

Chaffetz: Americans May Need To Choose Healthcare Over New iPhones

GOPer Rep. Jason Chaffetz said to CNN on Tuesday that some Americans regarding to their healthcare choice may come down to buying a new iPhone or paying for medical coverage. “You know what, Americans have choices. And they’ve got to make a choice,” said Chaffet. “And so maybe, rather than getting that new iPhone that…

House GOP Unveils Obamacare Replacement Bill

A new bill to repeal the Affordable Care Act’s individual mandate—the crux of President Obama’s signature health-care law—and replace it was released on Monday. The legislation would offer individual tax credits to purchase health insurance and would reportedly keep the ACA’s protections for those with pre-existing conditions; but would allow insurers to raise premiums for…

Report: Spies Keeping Info From Trump

U.S. intelligence officials have withheld some sensitive intelligence from President Trump because of concerns about the information being leaked or compromised, according to a report in The Wall Street Journal. This purported move underscores distrust between the intelligence community and the new administration as a result of reports that Trump’s campaign team had contacts with…

Trump Expected To Halt Dodd-Frank In Executive Action [VIDEO]

President Donald Trump is expected to sign an executive order Friday that rolls back the 2010 Dodd-Frank regulatory law, first put in place after the 2008 financial crisis. “Americans are going to have better choices and Americans are going to have better products because we’re not going to burden the banks with literally hundreds of…

Senate Begins Formally Repealing ObamaCare

Early Thursday, after voting down dozens of amendments proposed by Democrats over seven hours, Senate Republicans approved a budget resolution measure officially beginning the process to repeal the Affordable Care Act, with no replacement yet proposed. The resolution, which passed on a partisan 51-48 vote — Sen. Rand Paul (R-Ky.) joined all Democrats present in…

Obama, Pence Visit Capitol Hill For Obamacare Fight

President Barack Obama arrived to the Capitol to give congressional Democrats advice on how to combat the Republican drive to dismantle his health care overhaul. Vice President-elect Mike Pence is meeting with GOP lawmakers to discuss the best way to send Obama’s cherished law to its graveyard and replace it with — well, something. The…