House votes to delay parts of health care law
The Republican led House voted to delay the employer mandate for one year and extend a similar grace period for individuals. The vote was largely along party lines 264 to 161 and 251 to 174 respectively, with 35 Democrats joining on the employer provision and 22 supporting delaying for individuals. The Senate is not expected to pass the measures.
MENTIONED IN THIS ARTICLE
Washington, D.C
House
Barack Obama
Senate
Obama
Beige Book signals steady U S growth across districts
The Beige Book shows eleven Fed districts with modest to moderate growth from late May to early July, Dallas reporting strong growth. Housing and auto sectors are rising, consumer spending climbs, lumber and construction outputs expand, and hiring trends are steady with some districts hesitant on permanent hires. Job gains average about 202,000 per month this year.
MENTIONED IN THIS ARTICLE
Washington, D.C
U.S
Federal Reserve
Fed
Dallas
New York
Obama lauds Cordray as head of consumer watchdog bureau
President Obama hailed Richard Cordray's confirmation as director of the Consumer Financial Protection Bureau. He said Cordray's swearing in removes doubts about the agency's authority and strengthens protections for consumers facing banks and credit card firms.
MENTIONED IN THIS ARTICLE
Richard Cordray
Consumer Financial Protection Bureau
Obama
Senate
Cordray
Consumer Agency
Financial Cordray
Joe Biden
Financial Industry
GOP
Rich
Barack Obama
White House
Washington, D.C
Senate votes to end filibuster on labor secretary nominee
The Senate voted 60 to 40 to end delays against Thomas Perez for labor secretary, with 60 votes required to curb filibusters. Republicans supplied six votes to keep Perez's nomination alive while Democrats and independents backed the move, reflecting a broader deal to end delays on seven Obama nominations and avoid a major rules clash.
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Washington, D.C
Senate
Barack Obama
Labor Department
Chamber
Thomas Perez
Perez
GOP
Obama
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