2015-01-13 08:54
Washington - President Barack Obama has signed into law a renewal
of a federal programme credited with reviving the market for insurance
against terrorist attacks after its collapse in the aftermath of 9/11.
The
White House says Obama signed the bill on Monday — even though the
president had previously expressed reservations about an unrelated
provision that chips away at new regulations on financial instruments
called derivatives.
The Senate approved the bill last week on a sweeping 93-4 vote, a day after it was approved by the House.
The
measure was a leftover from last year that became snagged in the waning
days of the last session of Congress. It's the first piece of
legislation to pass the Senate since Republicans took control of the
chamber last week.
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