Overnight Finance: McConnell pitches bill togetherness to House GOP

MCCONNELL’S BUDGET PITCH: Senate Majority Leader Mitch McConnellMitch McConnellSuper Tuesday winners and losers Overnight Finance: McConnell pitches bill togetherness to House GOP Dem staffers offer commentary, snark on GOP’s presidential margin MORE (R-Ky.) is secretly propelling House Republicans to combine behind a bill fortitude and finish a reduce chamber’s weeks-long corner over $30 billion in spending.

In a closed-door assembly on Tuesday, McConnell told House Republicans to mount by final fall’s settle with President Obama, that would boost sovereign spending to $1.07 trillion. The Hill Sarah Ferris tells us how receptive a House was: http://bit.ly/1oWCrtb.

COAL MINERS PLEA FOR PENSION FIX: The personality of a kinship for spark attention workers on Tuesday urged senators to act fast on legislation that would assistance late miners and their families who are in risk of losing their grant and medical benefits.

“I cruise a spark miners in this republic have been betrothed these benefits, these spark miners in this republic have warranted these benefits,” Cecil Roberts, general boss of a United Mine Workers of America (UMWA), pronounced during a Senate Finance Committee hearing. “These spark miners in this republic have sacrificed severely to this republic so all of us can have a improved approach of life, and we titillate care of this.” The Hill’s Naomi Jagoda takes us there: http://bit.ly/1LTaQ0u.

DNC CHAIR PUSHES BILL TO SLOW PAYDAY LOAN RULES: Rep. Debbie Wasserman Schultz (D-Fla.) is co-sponsoring and rallying Democratic support behind a Consumer Protection and Choice Act, that would check for dual years tentative manners from a Consumer Financial Protection Bureau (CFPB) meant to moment down on violent payday lending: http://bit.ly/1UwYTEK.

HAPPY SUPER TUESDAY and acquire to Overnight Finance, where we’ve got lots of questions about how tonight’s primaries will end. I’m Sylvan Lane, and here’s your nightly beam to all inspiring your bills, bank comment and bottom line.

Tonight’s highlights embody a severe year for Donald TrumpDonald TrumpCruz wins tighten Alaska competition Trump snags Super Tuesday representatives 7 reasons Trump is winning MORE‘s collect for Treasury secretary, a House spending fight and frightful fallout from a Great Recession.

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ON TAP TONIGHT: It’s Super Tuesday, and tonight’s primaries and caucuses could reshape a presidential race. Stick with us online and on Twitter during TheHill.com and @TheHill for a latest results, news and analysis.


  • House Ways and Means Committee: Hearing on “Protecting a Free Exchange of Ideas on College Campuses” 10 a.m.
  • House Small Business Committee: Hearing on Commercializing on Innovation: Reauthorizing a Small Business Innovation Research and Small Business Technology Transfer Programs, 11 a.m.
  • House Appropriations Committee: Budget Hearing on Department of a Interior with Secretary Sally JewellSally JewellOvernight Finance: McConnell pitches bill togetherness to House GOP Overnight Energy: Fight breaks out over Interior bill House Republican: Obama spark policies are ‘destroying my state’ MORE, 1 p.m.
  • Senate Judiciary Committee: Hearings to inspect EB-5 visa program, 10 a.m.
  • Joint Economic Committee Hearings to inspect a Economic Report of a President, 2:30 p.m.
  • The Financial Stability Oversight Council (FSOC) will reason a sealed executive session.

BUDGET BRAWL AT HEARING: Lawmakers on a House cabinet sparred Tuesday over President Obama’s 2017 bill ask for a Interior Department — and Republicans’ inability to so distant determine on a bill plans of their own.

The committee’s heading Republican and Democrat fought over both a Interior bill ask and a new disaster of a House to pass a spending devise for a Interior Department. The Hill’s Devin Henry fills us in: http://bit.ly/1QqwFd2.

OPIOID ABUSE SPIKES AFTER RECESSION: A new investigate highlighted a discouraging couple between a Great Recession and drug addiction: http://on.wsj.com/1QJNuvB.

TRUMP’S TREASURY PICK LOSES BIG IN 2015: Hedge account arch Carl Icahn reported Tuesday that his organisation posted an 18 percent detriment in 2015, according to CNBC. The final time Icahn Enterprises mislaid that most money, it was down 36 percent in 2008, during a inlet of a financial collapse. Trump has pronounced he’d collect Icahn as Treasury Secretary, that Icahn has played down: http://bit.ly/1T6w0zW.

HOUSE LAUNCHES MUNICIPAL FINANCE CAUCUS: Reps. Randy Hultgren (R-Ill.) and Dutch Ruppersberger (D-Md.) announced a “Municipal Finance Caucus” on Tuesday. The organisation will cruise issues including progressing a taxation grant for metropolitan holds —  the debt state and internal governments emanate to financial a construction and upkeep of infrastructure. Here’s some-more from The Hill’s Naomi Jagoda: http://bit.ly/1oWI5eK.

DIMON SEES DOORS CLOSING FOR WALL STREET: The conduct of one of a nation’s largest financial institutions believes bankers are not acquire to fill absolute positions in Washington.

Jamie Dimon, conduct of JPMorgan Chase, pronounced in an talk published Tuesday that it will be during slightest a decade before a landowner can be tapped for a tip mark in a nation’s capital. He argued that slow annoy toward a financial zone has done it “not politically feasible.” Peter Schroeder explains why: http://bit.ly/1QqAYVY.

GROWTH HAMPERED BY LESS SKILLED WORKFORCE: Speaking of JPMorgan Chase, a new investigate note from a bank theorizes that a American workforce isn’t as learned as it used to be: http://on.wsj.com/1TlNTLu.

NIGHTCAP: See because traders are stoked about Donald Trump (and because they’re not): http://cnb.cx/1QljDwf.

Write us with tips, suggestions and news: slane@thehill.com, vneedham@thehill.com, pschroeder@thehill.com, and njagoda@thehill.com. Follow us on Twitter: @SylvanLane,  @VickofTheHill, @PeteSchroeder, and @NJagoda.

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