A voluminous House-Senate conference agreement that would revamp federal financial regulation has cleared the House and awaits a vote in the Senate, where Democrats are trying to pick up enough votes for passage. The measure was approved by the House on June 30 by a 237-192 vote, generally along party lines. A Senate floor vote is the next step. The package was amended the day before the House floor vote in an attempt to draw enough votes to get it through the Senate. The amendment would omit a $19-billion fee to be charged to large banks and hedge funds and
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.