Thursday, March 20, 2014

This Week in Washington, March 20, 2014

This Week In Washington
Top 5 Stories This Week

1.      President Obama authorized expanded sanctions against Russia after Vladimir Putin signed a treaty annexing Crimea, while the Ukrainian government announced plans to withdraw its troops and relocate them to the mainland.

Look ahead: NATO is considering deeper involvement in Ukraine, while the E.U. weighs additional sanctions. Obama vowed the US will not mount a "military excursion" in the country.

2.      Following its first meeting since Janet Yellen took over as Federal Reserve chair, the Federal Open Market Committee announced plans to reduce its monthly asset purchases by $10 billion, as expected, and eliminated the 6.5% unemployment threshold from its forward guidance on interest rates.

Look ahead: The Fed will rely on additional metrics to gauge the economy's health.

3.      House Speaker John Boehner described a bipartisan Senate deal to extend emergency unemployment benefits as "unworkable" after the National Association of State Workforce Agencies warned that some states could attempt to opt out due to the bill's additional costs and strict requirements.

Look ahead: Senate Majority Leader Harry Reid characterized the issues raised by NASWA as "resolvable," and urged Boehner to work toward solutions.

4.      With two weeks remaining in the open enrollment period that ends March 31, Health and Human Services Department announced a "weekend wave" sent the total enrollment number over 5 million.

Look ahead:  The White House is pulling out all the stops to enroll as many young people in coverage as possible before the deadline.

5.      The search continues for Malaysia Airlines Flight 370, as authorities consider satellite footage of possible debris from the aircraft, amid reports Malaysian officials waited days to release information gleaned from British satellite company Inmarsat on the plane's potential flight path.

Look ahead: Experts warn the items could be unrelated to the jetliner, and even if a link can be established, the passage of time since a crash would complicate efforts to find the rest of the wreckage.


Twitter

@themeyersgroup

No comments:

Post a Comment