In the 2016 election campaign, Donald Trump promised to reform the H-1B work visa program. That should have been the least controversial of his plans, as the visa has long been recognized by both major parties as having major problems. Almost all the major candidates in 2016 — Trump, Cruz, Rubio, Clinton and Sanders — were critical of the program.
Obama wants to import more foreign guest workers than there could possibly be jobs for in the United States per the demands of cheap labor corporate lobbyists. Yet again, instead of focusing in on jobs for Americans, Obama is busy pushing comprehensive immigration reform which will absolutely decimate U.S. workers by flooding the very weak U.S. labor market.
Volcker calls for the separation of banking from commerce and also calls for reforms in executive pay. He also calls for regulation of hedge funds and private equity firms. Volcker also implies that by saving the Zombie banks, the U.S. in fact has encouraged even worse risk taking and highlights these very questions so often written about on this site:
A new trade bill has been introduced in the Senate. Hopefully this will not be yet another good piece of legislation that goes to committee to die.
According to Senator Sherrod Brown's Press Release: The TRADE ACT would:
Require the Government Accountability Office to conduct a comprehensive review of existing trade agreements with an emphasis on economic results, enforcement and compliance, and an analysis of non-tariff provisions in trade agreements
Spell out standards for labor and environmental protections, food and product safety, national security exceptions, and remedies that must be included in new trade pacts
Set requirements with respect to public services, farm policy, investment, government procurement, and affordable medicines that have been incorporated in trade agreements
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