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While the emergency measure advanced on Tuesday doesn't fulfill the entire amount requested by the White House, Democrats voted to push the provision toward final passage -- which should come later this week.
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Bank lobbyists have been pushing the provision for several days, earning the ire of bank-reform-minded Democrats including Sen. Sherrod Brown (Ohio) and Rep. Maxine Waters (Calif ., the top Democrat on the House Financial Services Committee.
The White House was already laying plans to push the separate provisions of the bill that congressional leaders may find palatable, including the payroll tax cuts and funding to prevent more teacher layoffs.
This was the same strategy the US used to push the TRIPS agreement provisions on drug patents in 1994.
Data compiled by the thinkthank New City Agenda shows that this top up for Barclays has pushed the total provisions incurred by the industry to £40.2bn.
That provision helped push the bank to a net loss in the third quarter.
Democrats used such targeted provisions to push the Affordable Care Act over the finish line in 2009 and 2010 — to the angry cries of Republicans who accused them of kickbacks and buyoffs.
America must use its influence to push the Shiite majority to change provisions in the recently adopted constitution in ways that will give the minority Sunnis a bigger stake in the future.
Representative Scott Rigell, Republican of Virginia, also pushed for the provision.
"This revision is about conversations on safety, not about confiscation," said John Madigan, senior director of public policy for the American Foundation for Suicide Prevention, which pushed for the provision.
Representative Chris Collins, who pushed for the provision with Mr. Faso, noted that House leadership "was concerned about getting the votes" to get the health bill passed.
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