Debt Default Would Cripple U.S. Economy, New Analysis Warns
Posted inEconomic Conditions and Trends Federal Budget (US) House of Representatives Labor and Jobs Moody's Corporation National Debt (US) Recession and Depression Republican Party Senate Committee on Banking United States Economy United States Politics and Government

Debt Default Would Cripple U.S. Economy, New Analysis Warns

As President Biden prepares to release his latest budget proposal, a top economist will warn lawmakers that Republicans’ refusal to raise the nation’s borrowing cap could put millions out of work.
On Wall St., ‘Socially Responsible’ Is Common Sense. In Congress, It’s Political.
Posted inBiden, Joseph R Jr BlackRock Inc Corporate Social Responsibility Greenhouse Gas Emissions House of Representatives Pensions and Retirement Plans Personal Finances Scalia, Eugene Senate Shareholder Rights and Activism State Street Corporation Stocks and Bonds Trump, Donald J US SIF - The Forum for Sustainable and Responsible Investment Vanguard Group Inc

On Wall St., ‘Socially Responsible’ Is Common Sense. In Congress, It’s Political.

Lawmakers are trying to restrict these investment choices in workplace retirement plans, but big fund managers are trying to give shareholders a voice.
Biden Is Expected to Veto an Anti-E.S.G. Resolution From Congress
Posted inBao Fan (1970- ) Basco, Dante Benioff, Marc Biden, Joseph R Jr Corporate Social Responsibility Democratic Party Elliott Management Corp European Central Bank European Commission Eurozone House Financial Services Committee House of Representatives internal-storyline-no James, Letitia Labor Department (US) Manchin, Joe III Morfit, G Mason Salesforce.com Inc Starboard Value LP Stocks and Bonds Tesla Motors Inc Third Point LLC Uber Technologies Inc United States Politics and Government ValueAct Capital Partners Waters, Maxine

Biden Is Expected to Veto an Anti-E.S.G. Resolution From Congress

President Biden is expected to use his first veto to protect environmental, social and corporate governance investment considerations in retirement plans.
Lawmakers Propose Legislation to Tighten Rail Safety Regulations
Posted inChris Deluzio East Palestine, Ohio, Train Derailment (Feb 3, 2023) Hazardous and Toxic Substances House of Representatives Khanna, Ro Law and Legislation Norfolk Southern Corporation Railroad Accidents and Safety Regulation and Deregulation of Industry United States Politics and Government

Lawmakers Propose Legislation to Tighten Rail Safety Regulations

The train that derailed in Ohio was exempt from some federal safety requirements because it was not carrying enough hazardous material to be considered “high hazard.” Lawmakers want to lower the threshold.