News

Lawmakers meet Fed’s Hoenig, discuss mandate

WASHINGTON (Reuters) – Republican lawmakers on Thursday met with a senior Federal Reserve official who opposes the central bank’s easy money policies to discuss stripping the Fed of its task of ensuring full employment. Read more

House sends $4.5 billion school-lunch bill to Obama

WASHINGTON (Reuters) – The House of Representatives passed on Thursday and sent to President Barack Obama a bill that boosts funding for the school lunch program by $4.5 billion through 2020 and bans “junk” food from school buildings. Read more

Reid "confident" Senate to consider START soon

WASHINGTON (Reuters) – Majority Leader Harry Reid expressed confidence on Thursday the U.S. Senate would debate the New START nuclear treaty with Russia this year, as he gave no sign of yielding to Republican pressure to scale back his agenda for the coming weeks. Read more

Republicans cool to "do not track" Web plan

WASHINGTON (Reuters) – Republicans, who will control the House of Representatives in January, greeted the idea of Internet “do not track” legislation coolly on Thursday, expressing concern that hindering advertiser access to consumers web browsing habits would slow innovation. Read more