Tag: environmental harm

Obama’s plan to override Congressional conditions for US funding of World Bank is overwhelmingly rejected by lawmakers

(July 17, 2009) President Obama recently received a harsh lesson from Congress after he decided to openly ignore some of the environmental, labour and transparency regulations attached to funds allocated for the  World Bank and IMF. Worse still for the President, the indictment came from both sides of the aisle—with 429-2 voting to negate the recent signing statement.