WASHINGTON — A key US congressional panel plans to put the White House in the hot seat at an October 25 hearing to study action against China’s “distorting trade politics,” the committee’s chairman said Tuesday. “China’s distorting trade policies are deeply troubling and cannot be allowed to stand. Its practices…
President Barack Obama turned up the heat Saturday on lawmakers to pass an ambitious Wall Street regulatory overhaul, as the measure headed for a key vote in the Senate. “The reform bill being debated in the Senate will not solve every problem in our financial system: no bill could,” Obama…