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If Congress says no, can Obama strike Syria?

Among the many questions the Obama administration has been unable or unwilling to answer regarding its plans for military strikes in Syria is what happens if Congress refuses to authorize the use of force…  …

Syria opposition ‘disappointed’ but thinks Congress will OK strike

Syria’s main opposition bloc said Sunday it was disappointed with US President Barack Obama’s decision to seek approval from Congress for action against the regime, but said it believed lawmakers would OK a strike. “We had a feeling of disappointment. We were expecting things to be quicker, that a strike…

White House sends resolution to Congress asking for approval on Syria strikes

The White House formally asked Congress Saturday for authorization to conduct military strikes in Syria in a draft resolution framing a narrow set of operations, in a bid to ease fears of another open-ended war. The document says support from Congress, requested by President Barack Obama in a stunning development…

Republicans already split on how to address Syria vote

While President Barack Obama said on Saturday he would ask Congress to sign off on a strike against the Syrian government, Republican lawmakers had mixed reactions to the plan, with House Homeland Security Committee chair Rep. Peter King (R-NY) accusing Obama of sidestepping his duties as commander-in-chief. “He should not…

Treasury chief: U.S. to hit debt ceiling in mid-October

The US will hit its statutory debt ceiling in mid-October, raising the chance that the government will be forced to default on its debts, Treasury Secretary Jacob Lew said Monday. In a letter to Congress, Lew urged legislators to raise the limit from the current $16.7 trillion, saying to not…

Treasury chief says U.S. again perilously close to breaching the debt ceiling

Treasury Secretary Jacob Lew urged Congress on Thursday to raise the US borrowing ceiling, warning that not doing so could jeopardize Washington’s creditworthiness and raise fears of a default. With the US closing on the point where spending will surpass available funds, Lew said it was crucial for Congress to…

Judge: Merchants owed millions in credit card fees ‘inappropriately’ inflated by Fed

WASHINGTON (Reuters) – A U.S. judge ruled on Wednesday that the Federal Reserve ignored the intent of Congress regarding a controversial cap on debit card “swipe fees” that are part of a dispute between banks and retailers. The 2010 Dodd-Frank law called for the Fed to cap such fees, which…

Federal Reserve chief Ben Bernanke tells Congress: You’re making weak economy worse

Federal Reserve Chairman Ben Bernanke said Wednesday that the US economy needs more help from the fiscal policies that Congress controls, not just from the Fed’s own stimulus efforts. He said that the economy faces “strong headwinds created by federal…  …

Everything you need to know about how Congress is debating patent reform

The tech industry has been vocal in the immigration debate, which took a major step forward when the Senate passed a comprehensive bill that, if signed into law, would provide a path to citizenship for undocumented…  …

Brazilian leader asks for referendum after worst unrest in 20 years

Brazil’s Congress has received a request from President Dilma Rousseff to hold a referendum on political reform in response to the worst social unrest in 20 years. The move, widely supported by the public, came after three weeks of protests over corruption and public spending which marred the Confederations Cup,…

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