Obama Issues Signing Statement to Ignore Labor, Environmental Provisions

President Obama has issued a signing statement refusing to comply with several provisions of the $106 billion war funding bill he signed into law last week. Obama says he will ignore a congressional mandate to pressure the World Bank to strengthen labor and environmental standards. Obama has also rejected a provision calling for the Treasury Department to report on the World Bank and IMF’s activities. The war funding bill included billions of dollars for the IMF. The signing statement is Obama’s sixth since taking office.

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