Month: January 2020

Tariffs And Bank Regulations Are Splitting Both Parties In The Lead-Up To The Midterms

We think of today’s Washington as being rigidly divided along party lines on nearly every issue. But a bloc of Democrats in the Senate just joined with Republicans and the Trump administration on a bill that would lighten some restrictions on banks imposed by the Dodd-Frank financial regulation law, one of President Obama’s signature policy achievements. Meanwhile, some congressional Republicans are considering legislation that would stop President Trump’s new tariffs on steel and aluminum imports, which several Democrats and labor leaders have publicly supported.

China Lunar New Year Travel Plunges on Virus Outbreak

Passenger travel would likely fall 45% on-year during the 40-day travel season that ends Feb. 18, Liu Xiaoming, a vice minister at the transport ministry, said at a briefing in Beijing Saturday. Between Jan 25. and Feb. 14, airlines carried an average of 470,000 people a day, only a quarter of last year’s volume. Passenger numbers from Feb. 15-23 are estimated to be one 10th of the peak period, said Li Jian, deputy head of the Civil Aviation Administration of China.

Congress Is Throwing A Little Money At Gun Violence Research. It Might Go A Long Way.

The Dickey Amendment is dead. Or, maybe it’s more that it has eroded into a shadow of what it once was. First passed into law in 1996, the Amendment is widely credited with ending federal funding of gun violence research in the United States. But while Dickey is technically still on the books, Democrats have chipped away at its power over the last couple years — first with an official clarification that the Centers for Disease Control and Prevention can study gun violence, and now a bipartisan agreement to provide $25 million of actual funding to back that up.

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