Advocacy Updates

Fed’s Third Rate Cut Highlights Dimming Outlook

The central bank voted to lower the federal funds rate in response to a cooling economy mitigated by weak business investment and exports.

U.S. and Chinese Leaders Hint at Trade War Breakthrough

U.S. President Donald Trump and Chinese President Xi Jinping seemed to indicate Friday that talks between the two countries have entered a new phase.

Biden’s Son to Step Down from Chinese PE Firm

After coming under scrutiny by President Donald Trump, Hunter Biden, son of former Vice President Joe Biden, announced he would cut ties with a Beijing PE firm.

Labor Department Issues Overtime Rule

The Department of Labor recently approved a new rule raising the salary threshold below which workers can qualify for overtime pay.

Panel Clears Scalia for Full Senate Vote

The Senate Committee on Health, Education, Labor and Pensions approved the nomination of Eugene Scalia to lead the Labor Department, a final move before he's confirmed by the entire Senate.