Ann Romney, wife of Republican presidential candidate Mitt Romney, was the target ... more >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.
SENATE
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.
CAMPAIGN
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