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Congress poised to OK stalled free trade deals
Stock Market News |
2011/10/12 04:00
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Rushing toward the finishing line, Congress was poised to approve three free trade agreements Wednesday that advocates say will boost exports, give the economy a needed lift and help put Americans back to work.
The deals with South Korea, Colombia and Panama are hailed as economic victories by President Barack Obama and most Republicans in Congress. For a brief moment, it appeared that the bickering sides would put aside their political differences in the interest of action that could help the struggling jobs market.
Still, many Democrats, traditionally wary of free trade, opposed the Colombia deal because of that country's poor labor record. Republicans also criticized Obama for waiting several years to send the pacts to Capitol Hill. They were signed during George W. Bush's presidency.
The House planned to vote on three bills putting the deals in place and send the measures to the Senate for three additional votes Wednesday evening.
The House also scheduled a vote on a Senate-passed bill to extend benefits under a Kennedy-era program that helps workers whose jobs are adversely affected by foreign trade.
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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