Big Labor Scores a Win

Immigration compromise includes union-friendly ‘prevailing wage’ provisions
Immigration rights advocates in New Jersey / AP

Organized labor succeeded in attaining special provisions in the illegal immigration compromise that will boost union contract prospects. The AFL-CIO and U.S. Chamber of Commerce endorsed a package of immigration reforms on Friday after months of negotiations.

SEC Commissioner Blasts Dodd-Frank

Bill fails to address key problems, while regulations only a third completed, official says
Barack Obama, Barney Frank, Chris Dodd the day Dodd-Frank was signed by the president / AP

Securities and Exchange Commissioner Daniel Gallagher blasted the Dodd-Frank financial reform bill in a speech to the United States Chamber of Commerce Wednesday afternoon.

Podesta in Cairo

State Department adviser, chairman of Center for American Progress tours Egypt with clients of family’s lobbying firms
USEBC Delegation / www.usegyptcouncil.org

A delegation of American business leaders with lobbying ties to relatives of a top Obama administration adviser wrapped up a four-day tour in Egypt aimed at laying the groundwork for increased economic cooperation on Tuesday, as violent rioters stormed the U.S. Embassy in Cairo.