U.S. Senate Panel Backs Julian Castro For Housing Secretary
U.S. Senate Panel Backs Julian Castro For Housing Secretary
You Won't Believe What Trump is Considering to Ask CNN For December Debate
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A U.S. Senate panel on Wednesday approved San Antonio Mayor Julian Castro to lead the Department of Housing and Urban Development, clearing the way for a final vote in the full Senate. If confirmed in the post, as expected, Castro would be in position to push the Obama administration's plan to wind down mortgage finance giants Fannie Mae and Freddie Mac, an effort that has stalled in Congress. The Senate Banking Committee voted 16-6 to place Castro at the helm of the agency in charge of U.S. housing at a time when the market's recovery remains wobbly and still-tight lending terms are making it hard for many Americans to obtain mortgages. A graduate of Stanford University and Harvard Law School, the 39-year-old Castro became the youngest mayor of a major U.S. city when elected in May 2009. He has been praised for his housing and development programs in the Texas city.
Donald Trump wants $5million from CNN The Republican presidential nominee spoke in a rally in Macon, Georgia Monday night where he talked about how unfairly he feels the network has treated him in the past, including with its Monday coverage of his meeting with African American pastors. Trump said, that CNN gave him the worst story, it's like the meeting didn't even take place. Trump said to loud cheering that he won't do the debate unless they pay him $5 million, all of which money goes to the Wounded Warriors [Project] or go to vets. Trump told his supporters he "would love to do it," but warned of ramifications, like being called out for the decision should he skip the Dec. 15 event in Las Vegas. "The problem is they'll say 'Trump is chicken,'" he said. "One thing I'm not is chicken, okay? I don't know if I want to take the chance."
Florida Sen. Marco Rubio blamed skyrocketing drug costs on “pure profiteering” by drug companies at a private campaign event in New Hampshire. Retired neurosurgeon Ben Carson complained in Iowa that “the same drug that costs 60 dollars here for a pill, you can go to another country and get it for a quarter.” And billionaire businessman Donald Trump said it was “disgusting” that Turing Pharmaceuticals had imposed a 5,000 percent price hike on a drug relied on by HIV patients. What the 2016 GOP presidential candidates don’t say is that Medicare should negotiate drug prices or that the government should limit drug maker’s profits, steps that might dramatically shake up the marketplace. For the most part, they’re not even making modest suggestions to stem rising costs, focusing instead on hammering a few headline-making companies that they portray as bad actors.
Chancellor Angela Merkel's cabinet approved plans on Tuesday for Germany to join the military campaign against Islamic State militants in Syria, a big step for the country, which had long resisted a direct role in the conflict. In response to an appeal from France after the Nov. 13 attacks in Paris which killed 130 people, Merkel's government agreed to send Tornado reconnaissance jets, refueling aircraft, a frigate to protect a French aircraft carrier, and up to 1,200 soldiers to the region. Germany will not join France, the United States and Russia in conducting air strikes in Syria, but the move is significant given the country's post-war history of avoiding foreign military entanglements and voter misgivings about getting involved in the conflict in the Middle East.
Today, many drugs cost more than $30,000 a pop. In the past 50 years, prices for cancer drugs have increased a hundredfold, and spending on specialty drugs is forecast to double yet again by 2020. The industry’s riposte to any criticism about pricing is predictable: Regulations are complicated, biology more so, and R&D is expensive. Prices have to cover the costs. Get over it, or go find a naturopath. That is only partly worng. Dealing with the chemistry of tomorrow and the regulatory hurdles of today is expensive. Yet, according to a 2008 McKinsey study, in some European countries, the same name-brand prescription meds cost about half what they do in the US.
Monsanto Co. plans to make its operations carbon neutral by 2021, in part by working with farmers who use its products to help them reduce carbon emissions, the company's CEO told The Associated Press. To be carbon neutral, Monsanto must reduce its net emission of climate-changing carbon to zero. Climate change is one of the most vital issues facing humanity, Monsanto's Hugh Grant said in an interview ahead of the company's announcement Tuesday, and an "untold story" is the agricultural industry's effort to address the issue.
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