- GOP hopes taking shutdown off the table with budget deal will pay dividends
- Chinese Death Star: The moon cited as the perfect launch pad for ballistic missiles
- Help wanted: Homeland Security plagued by vacancies at the top
- We are not amused: Queen’s protection officers warned to keep ‘sticky fingers’ off the royal cashews
- Unleash the crossbows: Gov. Scott Walker creates new hunting season
- Bubonic plague kills 20 in Madagascar
- G-20 diplomats fell for hacker attack promising nude photos of former French first lady Carla Bruni
- Minnesota guardsman charged with stealing private soldier data for fake IDs
- Florida appeals court rules universities can’t regulate guns
- Vladimir Putin defends Russian conservative values
Inside Politics: Bishop likens Obama’s path to Hitler, Stalin
The Romney campaign is leveraging her natural ability to connect with voters in a way her husband cannot. She already is becoming a fundraising powerhouse and chief aggressor in her husband’s push to court women.
Feinstein: No action on concealed weapons bills
Sen. Dianne Feinstein is trying to block votes on bills that would require a state to honor concealed gun permits from other states.
The California Democrat wrote Majority Leader Harry Reid and Judiciary Committee Chairman Patrick J. Leahy, requesting that no votes be scheduled on two concealed weapons “reciprocity” bills. There was no immediate response from Mr. Reid of Nevada or Mr. Leahy of Vermont to the letter dated April 17.
The National Rifle Association said it would not be deterred in efforts to pass reciprocity legislation.
“We have to work harder to get 60 votes, and we’re prepared to do that,” NRA spokesman Andrew Arulanandam said, referring to the number of senators needed to end a filibuster.
Feinstein wrote, “These dangerous bills … would undermine states’ rights by forcing nearly every state to accept the concealed carry permits issued by other states, even if the permit holder could not qualify for a permit in the state to which he is traveling.”
Banks get 2 years to comply with rule
The Federal Reserve said banks will have two years to comply with a rule that would ban them from trading for their own profit.
The so-called “Volcker rule” is expected to take effect this summer. But the Fed clarified Thursday that it won’t enforce it until July 2014.
Congress directed regulators to craft the rule as part of an extensive regulatory overhaul passed after the 2008 financial crisis. Regulators hope it will limit the kind of risky trading that hastened the financial crisis and forced taxpayers to bail out the banks. It was named after former Federal Reserve Chairman Paul A. Volcker.
The Fed said it issued the statement to clear up confusion. Some banks had worried that they might have to start complying with the new restrictions sooner.
By Mangosuthu Buthelezi
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- House pushes through two-year Ryan-Murray budget deal
- Comma on!: Twitter erupts over Obama-Castro 'marriage'
- Obama takes 'selfie' at Mandela's funeral service
- Biden guarantees victory on immigration reform
- Chinese man fed up with his girlfriend's shopping jumps to his death
- Rand Paul: Budget deal 'shameful,' 'huge mistake'
- N. Korean news agency: Kim Jong Un's uncle executed
- U.S. debt jumps a record $328 billion tops $17 trillion for first time
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