House Passes Bill To Block EPA Water Rules
The House approved 261 to 155 a bill to force the EPA and Army Corps to withdraw their water rules and consult with state and local officials before rewriting them. The White House would veto. EPA says the rules clarify which streams and wetlands fall under the Clean Water Act to protect drinking water.
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Washington House
Environmental Protection Agency
U.S. Army Corps of Engineers
EPA
White House
Gina McCarthy
Bill Shuster
House Transportation and Infrastructure Committee
Army Corps
Shuster
McCarthy
National Farmers Union
Democrats Block Action On Trade Agenda In Senate
In a setback for President Obama, Senate Democrats blocked a motion to begin debate on fast track trade authority. Only Senator Tom Carper voted with Republicans. 52 to 47. The party split reflects deep tensions with unions and liberal groups opposing the plan. Speaker quotes from Hatch Thune and McConnell highlighted the friction.
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Washington
Senate
Democrats
Barack Obama
Obama
White House
Tom Carper
Delaware
Fast Track
Orrin Hatch
Utah
John Thune
R-S.d
Mitch McConnell
Bill Nelson
Florida
McConnell
Elizabeth Warren
Massachusetts
Yahoo News
Warren
Sherrod Brown
Ohio
Brown
Bond Market Twist Sends Key Rate To Five Month High
Global bond selling pushed the 10 year U.S. Treasury yield to 2.36 percent, a five month high, as traders worldwide dumped government bonds. Analysts note the move reflects overseas market dynamics rather than U.S. growth or inflation signals, with German yields also low and negative yields prompting strategic selling.
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New York
Treasury
U.S
Europe
Guy LeBas
Jamney Montgomery Scott
Philadelphia
Germany
U.S. Treasury
LeBas
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