Search results
Results from the WOW.Com Content Network
On April 20, 2022, Senator Patty Murray said that the banking amendment was likely to get passed in the America COMPETES Act "in a little over a month" through conference committee negotiations. [35] Murray became the third-ranking member of the party in control of the U.S. Senate in 2016, [ 36 ] and is a member of the conference committee.
In the House, the bill passed by a 258-159 vote with support from all but one Republican (the exception being Walter B. Jones Jr.) and 33 out of 193 Democrats. In the Senate, the bill passed by a 67-31 vote with support from all Republicans and 17 out of 47 Democrats. Within the Democratic caucuses, progressives strongly opposed the bill. [13] [14]
The bill is named after its sponsors, Congressman Fernand St Germain, Democrat of Rhode Island, and Senator Jake Garn, Republican of Utah. The bill had broad support in Congress, with co-sponsors including Charles Schumer and Steny Hoyer. [3] The bill passed overwhelmingly, by a margin of 272–91 in the House. [4]
Bill passed after senators rejected 11 proposed amendments
Citigroup shares closed up 2.5%, Bank of America rose 1.4%, and Wells Fargo edged up 1.1% as the banking giants’ stocks gave back some of their earlier gains.
Cruz Azul was up 2–0 in aggregate when the Club America made a miraculous comeback with goals in the 89th from Aquilvado Mosquera and 93rd minute from Moises Munoz who was a goalkeeper of the second leg; Club America would go on to win 4–2 on penalties.
A group of US senators has introduced a bill seeking to make the lives of sports fans and concertgoers easier, a year after Taylor Swift ticket sales were massively disrupted by a technical fiasco ...
It limited any one bank from holding more than 10% of FDIC-insured deposits, and prohibited any bank with a division holding such deposits from using its own capital to make speculative investments. The Volcker rule faced heavy resistance in the Senate and was introduced as part of the subsequent Dodd bill only in a limited form. [12] [13] [14]