Politics

8:49am

Thu March 13, 2014
Business

Overtime Pay Proposal Triggers A New Debate About Wages

Originally published on Thu March 13, 2014 2:56 pm

Economists are divided about the White House plan to boost overtime pay for workers.
Doug Finger Gainesville Sun/Landov

On Thursday, President Obama rolled out his plan for strengthening overtime pay protections for millions of workers. In his view, if more workers got fatter paychecks, they could spend more and stimulate the economy.

But if his critics are right, then employers would end up laying off workers to make up for the higher wage costs. And that would hurt the already painfully slow recovery.

Which scenario is right?

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6:13am

Thu March 13, 2014
Politics

Senate Committee To Consider Fischer For Fed's No. 2 Spot

Originally published on Thu March 13, 2014 7:44 am

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene.

Stanley Fischer used to be head Israel's Central Bank, and he was once second in command at the International Monetary Fund. Barring the unexpected, he'll soon be confirmed as vice-chair of the U.S. Federal Reserve. President Obama nominated him for that post. And today he'll go before the Senate Banking Committee.

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5:13am

Thu March 13, 2014
Politics

Republican Candidate Heats Up Colorado's U.S. Senate Race

Originally published on Thu March 13, 2014 7:44 am

Colorado's Senate race is heating up with the entry of a well-regarded Republican challenger. Colorado is also the model for Democratic voter mobilization efforts in battleground states nationwide.

5:09am

Thu March 13, 2014
Politics

Aid Package For Ukraine Moves Slowly Through Congress

Originally published on Thu March 13, 2014 7:44 am

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene.

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5:05am

Thu March 13, 2014
Politics

Obama To Push Expanded Overtime Pay

Originally published on Thu March 13, 2014 7:44 am

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION from NPR News. Good morning, I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

Today, President Obama will tell the Department of Labor to rethink the rules for how employers pay overtime. The president wants millions more people to get paid overtime, particularly those who are exempt. And by signing a presidential memo to the department, he doesn't have to ask Congress to make that happen.

NPR White House correspondent Tamara Keith reports.

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4:54pm

Wed March 12, 2014
The Two-Way

Senate Panel Clears Ukraine Aid Package

A bill aimed at punishing Russia for sending its forces into Crimea by imposing sanctions on Moscow and providing economic aid to Ukraine has passed a key vote in the U.S. Senate.

The Senate Foreign Relations Committee voted 14-3 to pass the measure that authorizes $1 billion in loan guarantees to the new government in Kiev as well as the freezing certain Russian assets in the U.S.

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4:21pm

Wed March 12, 2014
Politics

Menendez On Crimea: The Question Of Sanctions And Sending Aid

Originally published on Wed March 12, 2014 8:14 pm

Transcript

ROBERT SIEGEL, HOST:

Aid for Ukraine, sanctions against Russians. Those are key features of a bill that Senator Robert Menendez proposes. He is a New Jersey Democrat who chairs the Senate Foreign Relations Committee. And he joins us from Capitol Hill. Welcome to the program once again.

SENATOR ROBERT MENENDEZ: Good to be with you.

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4:21pm

Wed March 12, 2014
News

Obama Rolls Out White House Welcome Mat For Ukrainian Prime Minister

Originally published on Wed March 12, 2014 8:14 pm

Ukrainian interim Prime Minister Arseniy Yatsenyuk is visiting the White House Wednesday. The meeting comes days before a vote in Crimea over whether to secede from Ukraine.

4:21pm

Wed March 12, 2014
News

President Obama Moves To Expand Overtime Pay

Originally published on Wed March 12, 2014 8:14 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block. President Obama is taking another step to raise the wages of workers and he plans to do it without getting Congress involved. The White House says tomorrow Obama will direct the Labor Department to change the rules for businesses on overtime pay. The change could mean that millions of private sector workers currently classified as management could eventually qualify for overtime.

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4:21pm

Wed March 12, 2014
News

FTC Investigates Herbalife, Following Claims It's A Pyramid Scheme

Originally published on Wed March 12, 2014 8:14 pm

Herbalife shares dropped on news the Federal Trade Commission is investigating the company. After shorting Herbalife's stock, hedge fund manager Bill Ackman's been lobbying politicians to investigate.

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