Explainer: What Members of Congress in the United States Are Arguing About as the Government Shutdown Looms

The House of Representatives, which is controlled by Republicans, and the Senate, which is controlled by Democrats, are at odds over the priorities that each chamber would like to see included in any legislation that would continue to fund the government into the new fiscal year, which begins on ...

FORMER LDP LAWMAKER QUESTIONS GOVT. ON USE OF MAIDEN NAME AS ALIAS

Highlights –

• Former LDP lawmaker questions govt. on use of maiden name as alias.
• Ex policy chief Tomomi Inada have doubts on granting permission for the use of aliases.
• Inada has also raised an issue with Japan's current system fo...

JAPAN’S FORMER JUSTICE MINISTER KATSUYUKI KAWAI PLEADS GUILTY; RESIGNS

Highlights –

• Japan’s former Justice Minister Katsuyuki Kawai pleads guilty; resigns.
• Kawai is accused of violating the election law by handing out cash to politicians and supporters.
• On March 3 he was earlier released on 50 mill...

RYOTA TAKEDA ADMITS DINING WITH NTT PRESIDENT; DENIES VIOLATING ETHICS CODE

Highlights –

• Ryota Takeda admits dining with NTT President; denies violating ethics code.
• A weekly magazine Shukan Bunshun posted a report online about the Nov. 11 dining event.
• The Internal Affairs and Communications Ministry and NTT...

HOUSE OF REPRESENTATIVES TO VOTE ON TWO IMMIGRATION BILLS

Highlights

• The House of Representatives which is controlled by the Democrats is all set to vote on two immigration bills that would lay foundation for citizenship to several millions illegally living in the US

• According to the reports, the first immigration bill ...

HOUSE OF REPRESENTATIVES GIVES FINAL APPROVAL TO BIDEN’S $1.9 TRILLION COVID-19 BILL

Highlights

• President Biden’s COVID-19 bill will be providing $400 billion for $1,400 direct payments of majority of the US citizens

• Immediately after the approval, President Biden made a tweet which read as “Help is here”, while the White House ...

JAPAN APPROVES A $1 TRILLION DRAFT BUDGET FOR FISCAL 2021

Highlights –

• Japan approves a $1 trillion draft budget for fiscal 2021.
• The initial general-account budget moves to the House of Councillors for deliberations.
• 35.84 trillion yen will be spent on social security services for Japan...

BIDEN: CANNOT FORGIVE $50,000 OFF STUDENT LOANS

Highlights:

•             Democrats have always pushed for student loan forgiveness for years

•             Biden takes a stand and no to forgivene...

JAPAN ALLOCATES 3RD EXTRA BUDGET OF $185 BILLION FOR FISCAL 2020

Highlights –

• Japan allocates 3rd extra budget of $185 billion for fiscal 2020.
• The 3rd extra budget contains 15.43 trillion yen in newly allocated funds.
• The supplementary budget cleared the House of Councillors after passing the Hous...

U.S. HOUSE LEGISLATORS PASS BILL TO DECRIMINALISE MARIJUANA

Highlights

• This bill takes out marijuana from the federal Controlled Substances Act, which termed it as dangerous narcotic and mandated tough penalities similar to cocaine and heroine

• The Democratic-controlled House of Representatives was successful in passing th...

SUGA REVEALS OMISSION OF SCHOLARS WAS INFORMED BY DEPUTY CHIEF SECRETARY

Highlights –

• Suga reveals omission of scholars was informed by Deputy Chief Secretary.
• Earlier Suga mentioned that he had not looked at the list of 105 scholars, including the 6 eliminated ones.
• Kiyomi Tsujimoto deputy chief of the o...

THE US HOUSE OF REPRESENTATIVES: CHINA MUST BACK OFF INDIA

Highlights: 

• The US House of Representatives passed an Act condemning China for its territorial aggression in India 
• The National Defense Authorization Act was initiated by Congressman Steve Chobot and Indian-American lawmaker Ami Bera

Chin...

ELLIOT ENGEL: CHINA HAS TO STOP BEING A BULLY

Highlights:

• US House of Representatives Foreign Affairs Committee worried about India-China standoff
• Both the countries are reinforcing their military preparations for the next level
• India is in talks with China for an amicable solution.   &n...

WASHINGTON LIKELY TO ANNOUNCE ANOTHER BILL OF $500 billion

Highlights:

• This bill if passed in the house will be the 4th bill in a row in two months to be passed
• The bill looks at pacifying the small entrepreneurs

With the economy breaking down and unemployment on the rise, another stimulus package is likely ...

To bring down the soaring prices of drugs, Cummings Lower Drug Costs Now Act of 2019 seems to be an effective tool

This week, the United States House of Representatives will be voting on the Cummings Lower Drug Costs Now Act of 2019. H.R. 3 is a daring step toward bringing reductions in the soaring prices of prescription drugs via Medicare negotiation. Authority has been given to the secretary of health, as w...

U.S. banks have emerged from the verge to "take over the world"

Few would have predicted the strength of the U.S. banks 11 years after Treasury Secretary Hank Paulson summoned the nine-largest chief executives to inject $125 billion in liquidity into them by buying preferred stock. From that conference on October 13, 2008, U.S. banks have emerged from the ver...

Further advancements in the historic cannabis banking bill by the United States House of Representatives

At the end of September, the United States House of Representatives decided to pass a policy in order to enhance public wellbeing by guaranteeing the availability of financial services to cannabis-related authentic companies and service suppliers and decreasing the total cash at such companies, a...