June 17, 2018
||Keep Families Together Act
||National Defense Authorization Act for Fiscal Year 2019
||HELP Separated Children Act
||Stand with UK against Russia Violations Act
||Fairness for High-Skilled Immigrants Act of 2017
||Economic Growth, Regulatory Relief, and Consumer Protection Act
||An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.
||Securing America’s Future Act of 2018
||Consolidated Appropriations Act, 2018
Source: Most-Viewed Bills – Congress.gov Resources –
The corporate tax cut passed by U.S. President Donald Trump and fellow Republicans that was in part designed to help dissuade U.S. companies from moving profits overseas may instead make the practice a lot more rewarding.
That is because companies which shifted profits linked to U.S. sales, research or production previously had to pay U.S. taxes on the money at the rate of 35 percent when they brought those profits home.
The new tax bill cuts the overall corporate tax rate to 21 percent, and allows income from overseas to be taxed at about half that rate – to as low as 10 percent.
Source: How U.S. tax reform rewards companies that shift profit to tax havens | Reuters
In Singapore, the anti-system US president and the outcast leader of communist Korea became buddies, while normally they would have been about to nuke each other. And in the Balkans, a left-wing prime minister who never wears a tie and his new colleague from across the border apparently found the solution to the 27-year old Macedonia name dispute.
For the EU, the lesson to be learned is that a bit of creative disruption could be a recipe to be applied in the case of other stranded international dossiers, like the Middle East peace process, the relations with Russia after the annexation of Crimea, the difficult relations with Erdogan’s Turkey, the Cyprus reunification, the relations with the neighbors, but especially with the transatlantic relations.
Source: The Brief – Anti-system diplomacy? Let’s have more! – EURACTIV.com
Enough tears have been shed, egos and emotions shaken and obituaries written about the transatlantic relationship. It is time to move on. So wipe the tears, stop the whining and turn over a new page. The US has embarked on a new journey, and the EU should do the same.
Europe has already started to woo new partners, tackle fresh challenges and explore roads less-traveled. But more can be done.
First, it should be clear by now that America really is not into Europe anymore. For US President Donald Trump, it is America first, dictators second and old friends and allies last.
Second, loud headlines about the demise of the “West” and collapse of the rules-based multilateral order need to be put in perspective.
In simple terms: for Europeans, it was all about basking in the glory of a powerful transatlantic alliance. It is now time to talk about Eurasian cooperation instead.
Source: The EU has to broaden its alliances to shape the new world order – EURACTIV.com
Another option for keeping economic ties with Iran alive would be to finance important Iranian infrastructure projects through the European Investment Bank. But Tehran has already made it clear that it will not be content with the “crumbs” of publicly financed projects.
On the other hand, the possibility of attracting major private-sector investment projects would represent a real incentive for Iran to uphold its JCPOA commitments despite the US withdrawal.
This creates a third – and unusual – option for the German government which would also open up new vistas for the EU as a whole. Berlin could promote the establishment or conversion of a private bank designed to supply capital to corporations that remain interested in doing business with Iran.
It would ideally be an institution with comprehensive experience in corporate finance, independent of the US financial sector and without an investment arm of its own in the United States.
Source: Empower a German ‘Iran Bank’ to save Iran’s nuclear deal – EURACTIV.com
The revolt has spread even to the White House. Speaking as “a mother, as a Catholic, as someone who’s got a conscience,” senior advisor Kellyanne Conway admitted on “Meet the Press” that “no one likes this policy.”
First Lady Melania Trump, who is turning out to be much subtler than many people thought, issued a statement that “We need to be a country that follows all laws, but also one that governs with heart.”
Source: As Trump’s zero-tolerance immigration policy backfires, Republicans are in jeopardy
Since the end of the Cold War, it has widely been assumed that U.S. foreign policy would follow one of two courses …
It turns out there was a third option: the United States as rogue superpower, neither isolationist nor internationalist, neither withdrawing nor in decline, but active, powerful and entirely out for itself. In recent months, on trade, Iran, NATO defense spending and perhaps even North Korea, President Trump has shown that a president willing to throw off the moral, ideological and strategic constraints that limited U.S. action in the past can bend this intractable world to his will, at least for a while.
The United States’ allies are about to find out what real unilateralism looks like and what the real exercise of U.S. hegemony feels like, because Trump’s America does not care.
Source: Trump’s America does not care
Some companies have reported Beijing is meeting with Chinese businesses to discuss shifting contracts for U.S. goods and services to suppliers from Europe or Japan, or to local Chinese firms, Parker said.
Washington and Beijing appeared increasingly headed toward open trade conflict after several rounds of talks failed to resolve U.S. complaints over Chinese industrial policies, lack of market access in China and a $375 billion U.S. trade deficit.
Source: China slams U.S. ‘blackmailing’ as Trump issues new trade threat | Reuters
House Republicans are barreling toward a dramatic showdown with top law enforcement officials after GOP leaders vowed to take action against the Department of Justice (DOJ) and FBI if they fail to comply with a subpoena request by the end of this week.
“We’re going to get compliance, or the House of Representatives is going to use its full arsenal of constitutional weapons to gain compliance,” Gowdy added, speaking to Fox News on Sunday.
Source: House GOP headed for showdown with DOJ over key documents | TheHill
On K Street — the term for Washington’s cadre of lobbyists, political operatives and people working in public relations — deals are often done over dinner or drinks, on business travel or retreats.
Much like Capitol Hill, the influence industry remains dominated by men, creating an environment where women say they are often subject to harassment and worse. Unlike in other industries, however, few women have been willing to come forward to talk about it.
Source: Women speak of pervasive harassment in DC lobbying culture | TheHill