2014 Congressional Election Highlights Aug 15

2014 Congressional Election Highlights Aug 15

All but the biggest U.S. banks could see relief from some financial reforms after the November elections even if control of the U.S. Congress remains divided between Democrats and Republicans.
Post-election committee leadership changes and growing momentum behind bipartisan fixes may lead to tweaks to the 2010 Dodd-Frank law for the smallest community banks, larger firms such as PNC Financial Services of Pittsburgh and Regions Financial of Birmingham, Alabama, and insurers, lobbyists and congressional staffers said.
Small banks “make loans to local small businesses, support their communities, and would not threaten our financial system if they defaulted,” Senator Sherrod Brown, an Ohio Democrat, said in a statement to Reuters. Brown is a contender for a committee leadership post in the 114th Congress, which begins in January.
To be sure, President Barack Obama retains his veto power, so there will be no gutting of Dodd-Frank, which aims to make banks less risky, end the problem of “too big to fail” institutions, and prevent a repeat of the 2007-2009 financial crisis…

Candidates for the 8th, 9th and 10th Congressional Districts representing Hudson County have filed to run in the general election for the House of Representatives on Nov. 4.
8th Congressional District:
Incumbent Albio Sires (D-8th District) of West New York is seeking to serve another term in Congress.
He has held a Congressional seat for eight years, succeeding U.S. Sen. Bob Menedez in the 13th District in 2006, remaining in that seat until it was eliminated in redistricting. In 2012 he won his current seat representing the 8th District.
The Republican Party candidate is June Anthony Tiscornia of Jersey City.Pablo Olivera of Newark is the “Wake up USA” party candidate.
Herbert H. Shaw of North Bergen is running on the “Politicians Are Crooks” line, and Robert Thorne of Guttenberg is running under the “911 Truth Needed” banner.
9th Congressional District:
Incumbent Bill Pascrell Jr. (D-9th District) of Paterson has also filed to run for another term in Congress.
He has held a seat in Congress for 17 years, previously representing the 8th District from 1997-2013 before being sworn into the 9th District last year…

New Jersey voters will fill seats in the United States House of Representatives in all twelve legislative districts in November, plus one Senate seat. This column will attempt to provide at least a snapshot of each of the twenty-six major party candidates in these races. Any reader who would like to see coverage of any third-party candidate in any of these races should please contact the author with at least the identity of the candidate and the race in which he is running.
This article covers the major candidates in the 9th legislative district; the entire series will be indexed here as articles are added.
The 9th Congressional District includes a small northern bit of Hudson County, the southern edge of Bergen County, and the southeastern tail of Passaic county, including part of Patterson.
Both candidates in the general election ran unopposed in the primary.
Democratic incumbent Congressman Bill Pascrell, formerly Mayor of Patterson, became Congressman from District 8 in 1996; redistricting moved part of Patterson into District 9 (eliminating one of New Jersey’s formerly thirteen legislative disticts), but he was re-elected from District 9 in 2012…

[unable to retrieve full-text content]August 14, 2014, 4:13 PM |CBSNews.com Executive Washington Editor Steve Chaggaris talks with RealClearPolitics Political Reporter Caitlin Huey-Burns about what Congress hopes to accomplish before midterm elections in November.


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