John Kline , the incoming leader of the House of Representatives education committee, said he is considering measures to block an Obama administration plan to tighten for-profit colleges’ access to student aid.
Speedier union elections proposed by the National Labor Relations Board would be curbed by legislation from Representative John Kline, a Minnesota Republican who leads the committee that oversees labor policy.
The U.K. Financial Services Authority approved rules restricting guaranteed bonuses and up- front cash payments for banks’ proprietary traders and broker dealers in what is being described as a tier system.
The Republican-led U.S. House voted to curb the federal government’s role in elementary and secondary education -- defying a veto threat and the opposition of teachers’ unions and the U.S. Chamber of Commerce.
Obamacare will reduce the hours Americans work by the equivalent of 2 million full-time jobs in 2017, the Congressional Budget Office said, sparking renewed Republican criticism of the law and a fresh defense from the White House.
For-profit colleges, whose stocks have lost 34 percent this year, are likely to get help from Republicans to ease limits on federal grants and loans that provide the bulk of education companies’ revenue.