Obama era trade pact faces rough path in campaign year
The Trans Pacific Partnership faces heavy opposition from Trump Sanders Clinton and Cruz with Kasich's support noted. Lawmakers fear a lame duck vote and a crowded calendar while proponents argue the deal lowers prices and helps exporters. Public opinion and the presidential primary spotlight complicate efforts to pass trade legislation.
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Mitch McConnell
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Gerry Connolly
D-Va
John Murphy
U.S. Chamber of Commerce
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Lori Wallach
Public Citizen
Wallach
FirstEnergy AEP deals face Ohio regulator votes today
Ohio regulators plan separate votes on FirstEnergy and AEP energy deals seeking rate hikes over eight years to subsidize coal and nuclear plants, modernize the grid, and cut emissions. Ohio Consumers' Counsel estimates a $5.9 billion consumer cost. some money rebated later. Opponents call them bailouts. supporters cite jobs, reliable, cleaner power, and market transition.
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U.S
Banks and tech firms propel market recovery in rally
U S stocks rose as technology and consumer shares led gains for the second day with cruise lines advancing after Carnival results. MetLife beat a gov oversight ruling, AIG and Prudential added gains, while Apple and Visa helped tech and financial sectors. The Dow rose 83.55 to 17716.66, S&P 500 up 8.94 to 2063.95, Nasdaq up 22.67 to 4869.29.
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