Two global banks and more than a dozen hedge funds misused a complex financial structure to claim billions of dollars in unjustified tax savings and to avoid leverage limits that protect the financial system from risky debt, an investigation directed by Sen. Levin found.
|Levin, Stabenow announce grant for three new buses to improve service along Washtenaw Avenue|
|National Scenic Trails Parity Act, S. 2293|
|MotorCities National Heritage Area Extension Act, S. 2221|
Issues in Focus
Today in the SenateJuly 24, 2014:
At 9:30 a.m., following any Leader remarks, the Senate will resume consideration of the motion to proceed to S. 2569, the Bring Jobs Home Act. At 1:45 p.m., the Senate will proceed to vote on adoption of the motion to proceed. We expect this to be a voice vote.
There will then be a roll call vote on the motion to invoke cloture on the nomination of Pamela Harris, of Maryland, to be U.S. Circuit Judge for the Fourth Circuit. If cloture is invoked ,there would be up to 30 hours of post cloture debate on the nomination. However, the Senate reached an agreement that notwithstanding Rule 22 (the cloture rule), there would be 2 minutes for debate prior to a vote on confirmation of Lisa S. Disbrow, of Virginia, to be an Assistant Secretary of the Air Force.