Dems may drop IMF from Ukraine bill

Getty Images

Senate Democrats are considering abandoning their attempt to include controversial International Monetary Fund reforms in a Ukraine aid and Russia sanctions bill.

House Republicans have put up firm resistance to approving the 2010 IMF reform, which may prove successful in getting the language dropped.

ADVERTISEMENT
"It is being discussed," a senior Democratic aide said.

The Senate advanced the Ukraine bill on a 78 to 17 vote on Monday, setting up a final passage vote as early as Wednesday.

Meanwhile, the House Foreign Affairs Committee on Tuesday approved in a bipartisan voice vote legislation that does not contain the IMF language that the White House is pushing for. That bill could see a floor vote in the House later this week.

Senate Minority Leader Mitch McConnellMitch McConnellCongress fails on promises to restore regular order and stop funding by crisis Overnight Healthcare: Dems dig in over Zika funding Business groups ramp up pressure to fill Ex-Im board MORE (R-Ky.) on Tuesday urged Senate Democrats to abandon the IMF provisions, noting the opposition in the House.

"[T]his bill cannot pass the House or become law in its current form — it must be amended," McConnell said.

Republicans have signaled in the past they could be open to trading the IMF reforms for a one-year delay in Internal Revenue Service regulations on tax-exempt political groups.

The proposed trade prompted Senate Majority Leader Harry ReidHarry ReidOvernight Finance: Obama signs Puerto Rico bill | Trump steps up attacks on trade | Dodd-Frank backers cheer 'too big to fail' decision | New pressure to fill Ex-Im board Iowa poll: Clinton up 14 on Trump, Grassley in tight race with Dem Lynch meeting with Bill Clinton creates firestorm for email case MORE (D-Nev.) on Monday to accuse Republicans of holding up the Ukraine bill to help the wealthy Koch brothers use their money to sway elections.

— This story was updated at 1:53 p.m.

More in Senate

Dems: Keep gun research ban out of spending bills

Read more »