Omnibus bill fuels political influence and bank ties
Scott Burns decries the omnibus spending bill for weakening limits on bank trading derivatives and expanding political contributions. He cites Citigroup’s drafting role and multi hundred million dollar fines as evidence of lobby-driven policy.
MENTIONED IN THIS ARTICLE
Abraham Lincoln
Congress
Federal Reserve
Citigroup
Opensecrets. Org
Political Action Committee
U.S. Commodity Future Trading Commission
British Financial Conduct Authority
Justice Department
P&G warns of drop in full year sales amid strong dollar
Procter & Gamble, based in Cincinnati and with two plants in Iowa City, forecasts full year net sales down 3 to 4 percent due to a strong U.S. dollar. The company notes currency devaluations in Russia, Ukraine, Venezuela, Japan, Argentina, and Switzerland will reduce sales and profits, with an estimated at least 1.4 billion after tax impact.
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P&g
Procter & Gamble
Iowa City
Cincinnati, Ohio
United States
U.S
Jon Moeller
Russia
Ukraine
Venezuela
Japan
Argentina
Switzerland
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