Rahm Emanuel

June 4, 2008 -- WASHINGTON, D.C.- U.S. Senators Dick Durbin (D-IL) and Barack Obama (D-IL) and Representative Rahm Emanuel (D-IL) today issued a statement following the announcement that Chicago has been chosen as a finalist in the International Olympic Committee (IOC)'s competition to host the 2016 Olympic and Paralympic Games.

"The Chicago 2016 organizers, the U.S. Olympic Committee, Mayor Daley and the people of Chicago deserve praise for a job well done. Because of their fine efforts, Chicago is well prepared to face stiff competition from the three additional finalists - Madrid, Rio de Janeiro and Tokyo.    » read more »

05/21/2008 -- WASHINGTON, D.C. – Today, Senator John Kerry and Congressman Rahm Emanuel (D – Ill.) criticized the White House for opposing reform that would close a tax loophole that allows hedge fund managers and CEOs to defer compensation offshore. In a released statement on H.R. 6049, the Energy and Job Creation Act of 2008, the Administration says it “strongly opposes” the deferred compensation provision.

This provision is based on the Offshore Deferred Compensation Reform Act of 2007 introduced by Kerry and Emanuel on October 18, 2007. The legislation was introduced in response to news accounts of U.S. hedge fund managers being able to defer billions of dollars of compensation offshore. The closing of this loophole would raise $24 billion over 10 years.    » read more »