- - Monday, July 30, 2012

House and Senate negotiators pushed to finish a new round of stifling sanctions on Iran, targeting energy, shipping and insurance sectors with punitive measures to derail Tehran’s suspected push for nuclear weapons.

Lawmakers hoped to unveil a final bill late Monday, with a House vote as early as Wednesday. Congress has just a week before a monthlong August recess and members see the legislation as the last chance to impose crippling penalties on Iran.

Sanctions have broad bipartisan support in Congress and in a crucial boost to the measure’s prospects, officials at the American Israel Public Affairs Committee, the powerful pro-Israel lobbying group, said they support the legislation.

The draft bill would essentially sanction any transaction related to the energy sector and prohibit Iran from transferring money back to the country from oil sales to foreign nations.


New ad highlights Romney’s role in 2002 Olympics

NEW YORK — An independent group backing Republican presidential candidate Mitt Romney is out with a new TV ad featuring a trio of former Olympic athletes praising his stewardship of the 2002 Winter Games.

Restore Our Future is spending $7.2 million to run the ad in Colorado, Florida, Iowa, Nevada, New Hampshire, North Carolina, Ohio, Pennsylvania and Virginia. The ad will also air in Michigan and Wisconsin.

In the ad, figure skater Kristi Yamaguchi, speed skater Derek Parra and skeleton racer Jimmy Shea offer testimonials to Mr. Romney.

The former Massachusetts governor is credited with turning around the financially troubled games in Salt Lake City and steering them to success and profit.

Mr. Shea says Mr. Romney, “changed my life.”

The ad does not mention President Obama.


Democratic report blasts for-profit colleges

A Senate Democratic committee report says for-profit colleges place revenues above education and charge students high tuition and excessive loan rates. It says that top officials running the schools enrich themselves.

Story Continues →