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HK stocks end higher on tech, materials boost; post weekly gains
  + stars: | 2021-06-25 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +2 min
** The Hang Seng index ended up 405.76 points or 1.4% at 29,288.22. The Hang Seng China Enterprises index rose 1.88% to 10,878.45. ** Leading the gains, the Hang Seng tech index and the Hang Seng materials index climbed 2.4% and 3.3%, respectively. ** The sub-index of the Hang Seng tracking energy shares rose 1.7%, while the IT sector rose 3.1%, the financial sector ended 0.75% higher and the property sector rose 0.18%. ** The top gainer on the Hang Seng was Meituan, which gained 4.76%, while the biggest loser was Sunny Optical Technology Group Co Ltd, which fell 1.58%.
Persons: HSI, Jerome Powell, Biden Organizations: HK, Shanghai, Stock, Seng China Enterprises, Optical Technology, Co, Hong, U.S . House, Representatives Foreign, Silicon Industry Locations: Shanghai, China, Hong Kong, U.S, Beijing, Xinjiang
U.S. House committee to consider sweeping China bill next week
  + stars: | 2021-06-25 | by ( ) www.cnbc.com sentiment -0.93   time to read: +1 min
Socially distanced members of Congress stand as US President Joe Biden addresses a joint session of Congress at the US Capitol in Washington, DC, on April 28, 2021. The U.S. House of Representatives Foreign Affairs Committee has scheduled a meeting on Wednesday to consider sweeping legislation to boost economic competitiveness and push Beijing on human rights, part of an ongoing effort in Congress to address competition with China. The Senate on June 8 passed by a strong bipartisan 68-32 majority its own sweeping China bill, the "U.S. House leaders opted not to take up and consider the Senate's legislation. House committees have instead been working on their own legislation, a process that could mean a months-long wait for any bill to be sent to the White House for Biden to sign into law.
Persons: Joe Biden, Joe Biden's, Gregory Meeks, Biden Organizations: U.S . House, Representatives Foreign, China, American Global Leadership, Congress, Foreign Affairs, Innovation, White Locations: Washington ,, Beijing, China, U.S
U.S. House votes to repeal 'true lender' banking rule issued under Trump
  + stars: | 2021-06-24 | by ( Reuters Staff | ) www.reuters.com sentiment -0.97   time to read: 1 min
WASHINGTON, June 24 (Reuters) - The U.S. House of Representatives voted Thursday to repeal a contentious banking rule introduced during former President Donald Trump’s administration that Democrats say allows predatory lenders to skirt state consumer protections. The vote to roll back the so-called “true lender” rule, which attempted to clarify what laws applied to lenders like fintechs when partnered with traditional banks, clears the way for its removal, as President Joe Biden is expected to sign it. (Reporting by Pete Schroeder)
Persons: Donald Trump’s, Joe Biden, Pete Schroeder Organizations: U.S . House
U.S. panel approves five antitrust bills, 'break 'em up' bill up next
  + stars: | 2021-06-24 | by ( Diane Bartz | ) www.reuters.com sentiment -0.93   time to read: +2 min
Committee Chairman Jerrold Nadler said the bills were needed to protect an open internet that has "delivered enormous benefits to Americans and our economy." When the committee resumes work, it will take up what some call the "break 'em up" bill. This would require a platform, again like Amazon, to sell any business that competes with other businesses using its platform. The committee also approved a bill that would increase the budgets of the agencies enforcing antitrust law. The panel additionally approved measures to require platforms to allow users to transfer their data elsewhere and to ensure that antitrust cases brought by state attorneys general remain in the court they select.
Persons: Jerrold Nadler, Diane Bartz, Jonathan Oatis Organizations: U.S . House, Big Tech, Inc, U.S . Chamber of Commerce, Apple Inc, Facebook Inc, Google, Senate, Thomson
REUTERS/Tingshu WangWASHINGTON, June 24 (Reuters) - The U.S. House of Representatives Foreign Affairs Committee has scheduled a meeting on Wednesday to consider sweeping legislation to boost economic competitiveness and push Beijing on human rights, part of an ongoing effort in Congress to address competition with China. Representative Gregory Meeks, chairman of the Foreign Affairs panel, introduced the Eagle Act last month. read moreThe Senate on June 8 passed by a strong bipartisan 68-32 majority its own sweeping China bill, the "U.S. House committees have instead been working on their own legislation, a process that could mean a months-long wait for any bill to be sent to the White House for Biden to sign into law. "Sullivan ... stressed the importance of linking our foreign policy objectives with making vital investments to grow our economy," the White House said in a statement.
Persons: Tingshu Wang WASHINGTON, Joe Biden's, Gregory Meeks, Biden, Jake Sullivan, Meeks, Michael McCaul, Sullivan, Patricia Zengerle, Matthew Lewis Organizations: REUTERS, U.S . House, Representatives Foreign, China, American Global Leadership, Congress, Foreign Affairs, Innovation, White, Biden National, Republican, Thomson Locations: American, Beijing, China, U.S, USICA, Washington
U.S. House panel approves higher merger fees and bigger enforcement budgets
  + stars: | 2021-06-23 | by ( Diane Bartz | ) www.reuters.com sentiment -0.98   time to read: +2 min
WASHINGTON, June 23 (Reuters) - The U.S. House of Representatives Judiciary Committee voted Wednesday to approve a bill to increase the budgets of antitrust enforcers and increase fees on the biggest mergers as the panel considered six antitrust bills, many aimed at reining in Big Tech. After more than three hours of discussion, the committee voted 29-12 to approve a measure to sharply increase the budgets of the Justice Department's Antitrust Division and Federal Trade Commission, which enforce antitrust law. The panel also voted 34-7 to approve a bill that would ensure that antitrust cases brought by state attorneys general remain in the court they select. The committee then began discussion of a bill that would require platforms to allow users to transfer their data elsewhere. Another would require a platform to refrain from any merger unless it could show the acquired company does not compete with it.
Persons: Jerrold Nadler, Diane Bartz, Matthew Lewis Organizations: Apple, Facebook, Google, U.S . House, U.S, Democratic, Committee, Justice Department's Antitrust, Federal Trade Commission, Senate, Chamber of Commerce, Amazon.com Inc, Apple Inc, Facebook Inc, Thomson Locations: WASHINGTON, Big Tech, Washington
WASHINGTON, June 23 (Reuters) - The U.S. House of Representatives Judiciary Committee voted to approve a bill to give antitrust enforcers more money in a lengthy session on Wednesday, but had still to vote on four bills aimed at reining in Big Tech. Debate on the portability bill initially focused on whether the legislation was written to ensure it would not affect Microsoft, a long-time Google antagonist. Representative Pramila Jayapal said that it was possible that Microsoft would be covered by the four Big Tech bills, all of which have the same definition of which companies they affect. Lawmakers voted overwhelmingly to change that definition to say that all online platforms, not just mobile platforms, were covered by the bill. One would require the competing business to be sold while the other would require platforms to refrain from favoring their own businesses.
Persons: Jerrold Nadler, David Cicilline, Pramila Jayapal, Diane Bartz, Matthew Lewis Organizations: Apple, Facebook, Google, U.S . House, U.S, Democratic, Committee, Chamber of Commerce, Amazon.com Inc, Apple Inc, Facebook Inc, Microsoft, Big Tech, Thomson Locations: WASHINGTON, Big Tech, Washington
U.S. House Republicans aim to use private sector to tackle climate change
  + stars: | 2021-06-23 | by ( ) www.reuters.com + 0.76   time to read: +2 min
U.S. Representative John Curtis (R-UT) speaks at the Utah County Republican Party Lincoln Day Dinner, in Provo, Utah, U.S. February 16, 2018. Led by Representative John Curtis of Utah, the Conservative Climate Caucus includes representatives from every committee in the House with jurisdiction over climate policy. Some Republicans, however, have downplayed the severity of the climate change issue while others have branded it a hoax. Conservatives are also organizing at a grass-roots level to promote what they say are private-sector solutions to climate change. Earlier this month the American Conservation Coalition, held what it billed as the country’s first conservative climate rally in Miami.
Persons: John Curtis, Jim Urquhart, John Curtis of Utah, Curtis, Donald Trump, Joe Biden, Timothy Gardner, Paul Simao Organizations: Utah County Republican Party, REUTERS, WASHINGTON, Republicans, U.S . House, Conservative, Caucus, Republican, Energy, Democrat, Senate, American Conservation Coalition, Thomson Locations: Provo , Utah, U.S, Miami
Powell: Much of inflation rise is from categories affected by pandemic
  + stars: | 2021-06-22 | by ( ) www.cnbc.com sentiment -0.97   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPowell: Much of inflation rise is from categories affected by pandemicFederal Reserve Chairman Jerome Powell takes questions from the U.S. House of Representatives Select Subcommittee on the Coronavirus Crisis regarding job recovery and the central bank's monetary policy.
Persons: Powell, Jerome Powell Organizations: U.S . House
Powell: Dollar is the world's reserve currency, nothing else is close
  + stars: | 2021-06-22 | by ( ) www.cnbc.com sentiment -0.99   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPowell: Dollar is the world's reserve currency, nothing else is closeFederal Reserve Chairman Jerome Powell takes questions from the U.S. House of Representatives Select Subcommittee on the Coronavirus Crisis regarding the capital gains tax and the U.S. dollar.
Persons: Powell, Jerome Powell Organizations: U.S . House, U.S .
Fed's Powell: Net jobs created is lower, but hiring is higher
  + stars: | 2021-06-22 | by ( ) www.cnbc.com sentiment -0.99   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed's Powell: Net jobs created is lower, but hiring is higherFederal Reserve Chairman Jerome Powell takes questions from the U.S. House of Representatives Select Subcommittee on the Coronavirus Crisis regarding job recovery and the central bank's monetary policy.
Persons: Fed's, Jerome Powell Organizations: U.S . House
Fed's Jerome Powell on how the U.S. can get back on a sustainable path
  + stars: | 2021-06-22 | by ( ) www.cnbc.com sentiment -0.96   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed's Jerome Powell on how the U.S. can get back on a sustainable pathFederal Reserve chairman Jerome Powell takes questions from the U.S. House of Representatives Select Subcommittee on the Coronavirus Crisis regarding America's vaccination rate and the labor shortage.
Persons: Fed's Jerome Powell, Jerome Powell Organizations: U.S . House Locations: U.S
Thirteen groups oppose two Big Tech antitrust bills before U.S. Congress
  + stars: | 2021-06-21 | by ( ) www.reuters.com sentiment -0.98   time to read: +1 min
A view of the U.S. Capitol Building in Washington, D.C., U.S. December 21, 2020. Cicilline's bill would ban platforms from giving advantages to their businesses while Jayapal's would ban platforms from competing on their own platform. read moreThe groups said that Cicilline's bill would bar Google from including YouTube videos in search results and block Apple from preinstalling "Find My Phone" on new iPhones. They argued that Jayapal's bill would force companies like Google to sell Maps, YouTube and other free services. "We believe that voters want Congress to fix things that are broken - not break or ban things that they feel are working well," the groups.
Persons: Ken Cedeno WASHINGTON, David Cicilline, Pramila Jayapal, Diane Bartz, Howard Goller Organizations: U.S, Capitol, Washington , D.C, REUTERS, U.S . House, Amazon.com Inc, Google, YouTube, Apple, Computer, Communications Industry Association, Competitive Enterprise Institute, Information Technology, Innovation Foundation, Thomson Locations: Washington ,
U.S. House panel to vote Wednesday on bills targeting Big Tech
  + stars: | 2021-06-18 | by ( ) www.reuters.com sentiment -0.99   time to read: +2 min
The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. WASHINGTON, June 17 (Reuters) - The U.S. House Judiciary Committee will vote on Wednesday on a package of six antitrust bills, including several targeting the market power of Big Tech, the panel said on Thursday. The bills will be marked up in committee to consider changes and then voted on by the panel to decide whether the full House of Representatives should vote on the measures. read moreThese bills - one of which would force companies to sell businesses - have attracted the most opposition. A fourth would require platforms to allow users to transfer their data elsewhere, including to a competing business.
Persons: Brendan McDermid, Eric Beech, Diane Bartz, Christopher Cushing Organizations: REUTERS, U.S . House, Big Tech, Amazon.com Inc, Google, Amazon, Thomson Locations: Staten Island , New York, U.S, Brendan McDermid . WASHINGTON, iPhones
Colorado will release its initial map on Wednesday, the first state to do so this year. States' redrawing of congressional and state legislative districts has been complicated this year by the coronavirus pandemic and the change in presidential administrations, which delayed the release of the U.S. Census data used for the maps. read moreA NEW APPROACHColorado's state legislature previously was responsible for congressional redistricting, a model that is still the norm in 39 states. State data from the past decade shows the Denver area has seen Colorado's biggest population gain. "They know the eyes of the nation are on Colorado to see if we can be a success at ending gerrymandering and drawing fair districts," he said.
Persons: Kevin Mohatt, Kathay Feng, Feng, Ken Buck, Dave Wasserman, Cook, Buck, Lauren Boebert, Wasserman, Scott Martinez, Alan Philp, Julia Harte, Colleen Jenkins, Daniel Wallis Organizations: REUTERS, U.S . House, Democratic, Republican, U.S, Freedom Caucus, Thomson Locations: Denver , Colorado, U.S, Colorado, States, Denver
REUTERS/Jonathan DrakeCompanies Deutsche Bank Ag See all The company and law firm names shown above are generated automatically based on the text of the article. NEW YORK, June 18 (Reuters) - Donald Trump and Democrats in the U.S. House of Representatives remain in talks to resolve disputes concerning congressional subpoenas of the former U.S. president’s financial records from Deutsche Bank AG (DBKGn.DE), their lawyers said on Friday. Deutsche Bank, long Trump's main bank, has taken no position on the subpoenas and said it would comply with the law. Two House committees had in 2019 subpoenaed Deutsche Bank for years of banking records concerning Trump, his adult children and his businesses. The 2019 subpoenas have expired but an agreement on Deutsche Bank's records would eliminate a need for new subpoenas.
Persons: Donald Trump, Jonathan Drake, Trump, Trump's dealmaking, Cyrus Vance, Vance Organizations: U.S, North, North Carolina GOP, REUTERS, Jonathan Drake Companies Deutsche Bank, Democrats, U.S . House, Deutsche Bank AG, Deutsche Bank, Trump, Financial, House Intelligence, Supreme, Deutsche Locations: North Carolina, Greenville , North Carolina, U.S, Manhattan
June 17 (Reuters) - A divided conference of U.S. Roman Catholic bishops announced on Friday that they had voted to draft a statement on Holy Communion that may admonish Catholic politicians, including President Joe Biden, who support abortion rights. 1/2 U.S. President Joe Biden speaks with people outside St. Joseph on the Brandywine Catholic Church, in Wilmington, Delaware, U.S. May 30, 2021. Exit polls from the 2020 presidential election showed the Catholic vote nearly split between Biden and Republican former President Donald Trump. The conference's Committee on Doctrine is now expected to draft the document ahead of a November meeting when the bishops will review an amendable draft. In 2004, the conference published a statement that said individual bishops could decide whether to deny Communion to Catholic politicians who supported abortion rights.
Persons: Joe Biden, Biden, Donald Hying, Joseph, Ken Cedeno, Cardinal Luis Ladaria, Bishop Robert McElroy, Donald Trump, Gabriella Borter, Julia Harte, Franklin Paul Organizations: Roman, Catholic, United States Catholic Bishops, Conference, Gallup, Brandywine Catholic, REUTERS, Vatican, Catholic News Service, Biden, Republican, Donald Trump . CATHOLIC DEMOCRATS, Pew, Democrats, U.S . House, Democratic, Franklin Paul Our, Thomson Locations: Madison , Wisconsin, St, Brandywine, Brandywine Catholic Church, Wilmington , Delaware, U.S, San Diego
Precious Maku, 16, didn’t know the history of Juneteenth when she moved to Fort Worth, Texas, with her family about two years ago. Then I started doing my research.”A teacher suggested she check out the local Miss Juneteenth pageant as a way to celebrate the holiday and learn even more. From left, Miss Unity, Jaria Gibson; Miss Juneteenth, Precious Maku; and runner-up Miss Freedom, Ariane Gibbons. Similar pageants have popped up in Texas and several other states over the years, and 2020 marked the first National Miss Juneteenth Pageant held in Tennessee. Even for all its historic significance, the Miss Juneteenth pageant fell prey to the Covid-19 pandemic — like many other annual events in the country.
Persons: Precious Maku, didn’t, , Maku, Miss Juneteenth, “ It’s, , I’m, Black, Jaria Gibson, Ariane Gibbons, Genuineshotz, Delaware’s Miss Juneteenth, Saniya Gay, Juneteenth, Channing Godfrey Peoples, Nicole Beharie, Alexis Chikaeze, Miss Juneteenth Triniti Franklin, Andrea Sledge, ” Sledge, Abraham Lincoln, Gordon Granger, Montinique Monroe, Brenna Greer, , ” Greer, Opal Lee, Lee, Sledge, We’ve, Gibbons, A’mera Frieman, ” Frieman, it’s Organizations: Miss, Maku, Texas Wesleyan University, Miss Unity, Fort, Miss Juneteenth, Black Texans, Wellesley College, African, U.S . House, Washington , D.C, Miss Freedom, Juneteenth, Facebook, Twitter Locations: Fort Worth , Texas, Juneteenth, Texas, Tennessee, Fort Worth, Galveston, Houston, Massachusetts, ” Texas, Fort, Washington ,, Evans, Panther, Miss Juneteenth
WASHINGTON, June 17 (Reuters) - U.S. President Joe Biden will sign a bill into law on Thursday afternoon to make June 19 a federal holiday commemorating the end of the legal enslavement of Black Americans. The White House will hold a signing ceremony with Biden and Vice President Kamala Harris at 3:30 p.m. U.S. President Joe Biden holds a news conference after the U.S.-Russia summit with Russia's President Vladimir Putin, in Geneva, Switzerland, June 16, 2021. REUTERS/Kevin LamarqueThe law comes a year after the United States was rocked by protests against racism and policing following the murder of George Floyd, an African-American man, by a Minneapolis police officer. Reporting by Trevor Hunnicutt and Heather Timmons Editing by Sonya HepinstallOur Standards: The Thomson Reuters Trust Principles.
Persons: Joe Biden, Abraham Lincoln's, Biden, Kamala Harris, Vladimir Putin, Kevin Lamarque, George Floyd, Juneteenth, Martin Luther King Jr, Trevor Hunnicutt, Heather Timmons, Sonya Hepinstall Organizations: Americans, U.S . House, REUTERS, Federal, U.S ., Management, Twitter, Thomson Locations: Texas, U.S, Russia, Geneva, Switzerland, United States, Minneapolis
Pelosi says she would not be open to gas tax expansion
  + stars: | 2021-06-17 | by ( ) www.reuters.com sentiment -0.99   time to read: 1 min
Speaker of the House Nancy Pelosi (D-CA) speaks before signing a legislation passed by the House during an enrollment ceremony to memorialize the people killed in the Pulse Nightclub shooting in 2016 in Orlando, Florida, on Capitol Hill in Washington, U.S., June 16, 2021. REUTERS/Joshua Roberts/FilesWASHINGTON, June 17 (Reuters) - Nancy Pelosi, the speaker of the U.S. House of Representatives, said on Thursday she would not be open to an expansion of the gas tax as part of the infrastructure bill. Reporting by Makini Brice Our Standards: The Thomson Reuters Trust Principles.
Persons: Nancy Pelosi, Joshua Roberts, Makini Brice Organizations: House, Capitol, REUTERS, U.S . House, Thomson Locations: Orlando , Florida, Washington , U.S, WASHINGTON
Chairman of the Joint Chiefs of Staff General Mark Milley told lawmakers that while Taiwan was still a core national interest of China, "There's little intent right now, or motivation, to do it militarily." So, I think the probability is probably low, in the immediate, near-term future," Milley said during a Congressional hearing. The United States is Taiwan's strongest international backer and main source of arms, which angers China. Beijing says the democratically ruled island is part of "one China" and routinely denounces foreign involvement as an interference in its internal affairs. Like most countries, the United States has no formal diplomatic ties with Taiwan.
Persons: Mark Milley, Caroline Brehman, Milley, Joe Biden, , Taiwan’s ADIZ, Idrees Ali, Phil Stewart Organizations: Joint Chiefs, Staff, Reuters, Democratic, Republican, U.S . House, NATO, U.S, Thomson Locations: Washington , U.S, Reuters WASHINGTON, China, Taiwan, Beijing, United States
REUTERS/Joshua Roberts/File PhotoWASHINGTON, June 17 (Reuters) - The U.S. House of Representatives on Thursday backed the repeal of the 2002 Authorization for the Use of Military Force that allowed the war in Iraq, as lawmakers pull back the authority to declare war from the White House. The House voted 268 to 161 in favor of revoking the authorization it gave former President George W. Bush to invade Iraq 19 years ago. 'DANGEROUS MESSAGE'Opponents worry repeal of the 2002 AUMF would dangerously limit the powers of the president and send the message that the United States is pulling back from the Middle East. read moreTrump cited the 2002 Iraq authorization as one of his justifications for the strike, which killed Iranian commander Qasem Soleimani. Some members of Congress are also discussing a repeal and replacement of the 2001 AUMF passed for the Afghanistan war.
Persons: Joshua Roberts, George W, Bush, al, Joe Biden, Greg Meeks, Meeks, Michael McCaul, McCaul, Chuck Schumer, Schumer, Donald Trump's, Trump, Qasem Soleimani, Mitch McConnell, McConnell, Patricia Zengerle Organizations: U.S, Capitol, REUTERS, WASHINGTON, U.S . House, Military Force, The, Republicans, Democrats, Constitution, Senate, House Foreign Affairs, Republican, ISIS, Thomson Locations: Washington , U.S, Iraq, AUMFs, U.S, al Qaeda, United States, Iran, al, Baghdad, Afghanistan
New U.S. House bill would speed special immigration visas for Afghans
  + stars: | 2021-06-17 | by ( ) www.reuters.com sentiment -1.00   time to read: +2 min
REUTERS/Erin ScottWASHINGTON, June 17 (Reuters) - A bipartisan bill introduced in the U.S. House of Representatives on Thursday would speed up the processing of special immigration visas (SIVs) for Afghans at risk of Taliban retribution because they worked for the U.S. government. The bill also would raise from 11,000 to 19,000 the number of SIVs available for qualifying Afghans. The Taliban say that U.S.-affiliated Afghans are not in danger, but should show "remorse." read moreThe new bill, sponsored by Crow and 24 other lawmakers, some of them military veterans, would eliminate requirements seen as impeding the application process. The bill also would eliminate a requirement that qualifying Afghans worked in "sensitive and trusted" positions for the U.S. military or the U.S.-led international coalition.
Persons: Jason Crow, Erin Scott WASHINGTON, Joe Biden, Biden, Jonathan Landay, Alistair Bell Organizations: U.S, Capitol, REUTERS, U.S . House, U.S ., Army, Crow, Thomson Locations: Washington , U.S, U.S, Afghanistan, Kabul
Big Tech in focus next week as U.S. House panel votes on new bills
  + stars: | 2021-06-16 | by ( ) www.reuters.com sentiment -0.98   time to read: +2 min
House Judiciary Chairman Jerry Nadler (D-NY), speaks during a House Judiciary Committee hearing on "Policing Practices and Law Enforcement Accountability" on Capitol Hill in Washington, DC, U.S. June 10, 2020. Graeme Jennings/Pool via REUTERS/FilesWASHINGTON, June 16 (Reuters) - The U.S. House Judiciary Committee will vote next week on a package of recently introduced antitrust bills including several targeting the market power of Big Tech, committee chair Jerry Nadler said on Wednesday. Five antitrust bills were introduced last week in the House of Representatives. Two of the bills introduced last week address the issue of giant companies, such as Amazon.com Inc (AMZN.O) and Alphabet Inc’s (GOOGL.O) Google, creating a platform for other businesses and then competing against those same businesses. A top antitrust Republican, Representative Ken Buck, said he had been skeptical of the need for additional antitrust enforcement but had changed his mind.
Persons: Jerry Nadler, Graeme Jennings, David Cicilline, Ken Buck, Chris Sanders, Franklin Paul Organizations: U.S . House, Big Tech, Representatives, Amazon.com Inc, Google, Amazon, Apple, Facebook, Republican, Democratic, Observers, Franklin Paul Our, Thomson Locations: Washington , DC, U.S, WASHINGTON, iPhones
U.S. House panel to vote on antitrust bills next week
  + stars: | 2021-06-16 | by ( ) www.reuters.com sentiment -0.98   time to read: +2 min
House Judiciary Chairman Jerry Nadler (D-NY), speaks during a House Judiciary Committee hearing on "Policing Practices and Law Enforcement Accountability" on Capitol Hill in Washington, DC, U.S. June 10, 2020. Graeme Jennings/Pool via REUTERS/FilesWASHINGTON, June 16 (Reuters) - The U.S. House Judiciary Committee's antitrust panel next week will begin reviewing five recently introduced antitrust bills including several targeting the market power of Big Tech, Committee chair Jerry Nadler said on Wednesday. Five antitrust bills were introduced last week in the House of Representatives. They will be marked up in committee to consider changes and then voted on by the panel to decide whether the full House should vote on the measures. read moreThese bills -- one of which would force companies to sell businesses -- have attracted the most opposition.
Persons: Jerry Nadler, Graeme Jennings, Chris Sanders, Franklin Paul Organizations: U.S . House, Big Tech, Representatives, Amazon.com Inc, Google, Amazon, Observers, Franklin Paul Our, Thomson Locations: Washington , DC, U.S, WASHINGTON, iPhones
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