Politics Chuck Grassley

  • WASHINGTON, June 29- The U.S. Senate gave solid approval on Wednesday to a relief plan to help Puerto Rico address its $70 billion debt, sending the measure to President Obama for his signing into law just ahead of a possible default by the U.S. territory on its next debt payment. "This bill is not perfect, but it is a critical first step toward economic recovery and...

  • WASHINGTON, June 29- The U.S. Senate gave solid approval on Wednesday to a relief plan to help Puerto Rico address its $70 billion debt, sending the measure to President Obama for his signing into law just ahead of a possible default by the U.S. territory on its next debt payment. "This bill is not perfect, but it is a critical first step toward economic recovery and...

  • A potential customer browses guns on display.

    Led by Civil Rights veteran Rep. John Lewis, House Democrats are trying to force a vote on gun control, NBC News reports.

  • Barack Obama and Mitch McConnell

    U.S. President Barack Obama will press Senate Republican leaders on Tuesday to fill the vacancy on the Supreme Court.

  • Healthcare

    An audit said there were ineffective internal controls to ensure that $2.8 billion given insurers was accurately disbursed.

  • HealthCare.gov website seen on Nov. 12, 2014.

    The Obama administration may need to make still more changes to protect consumer privacy on the government's health insurance website.

  • Two U.S. congressmen have opened separate inquiries into whether a Treasury Department bureau may have flouted federal hiring rules.

  • Grassley: Bring Cohen before Congress

    In light of the federal indictments against SAC, Sen. Chuck Grassley says that he would want to see founder Steven A. Cohen testify before Congress.

  • Mexico catches drug cartel leader

    Sen. Chuck Grassley says IRS officials targeted political candidates for audits, and a major player in the Mexican drug trade has been caught. CNBC's Josh Lipton has tonight's headlines; and Retired General and former drug czar Barry McCaffrey, weighs in.

  • $70 Million Controversy At the IRS

    CNBC's Eamon Javers reports the IRS is now poised to pay $70 million in bonuses to some employees. Sen. Charles Grassley (R-IA) says the report is accurate. "The priorities at the agency are certainly not the taxpayers," he says.

  • Oct 25- Medical device maker Medtronic Inc edited health journal articles and paid doctors millions of dollars for company-sponsored studies of its Infuse bone-grafting product used in spinal surgery, according to a U.S. Senate report published on Thursday.

  • Ex-Inspector General David Kotz was friends with people close to his investigations related to two high-profile Ponzi schemes, and he had a flirtatious relationship with an SEC employee who was involved in another project involving Kotz's office, according to the report.

  • By Sarah N. Lynch and Alexandra Alper. WASHINGTON, Oct 2- Two Senate Republicans on Tuesday slammed Treasury Secretary Timothy Geithner for failing to wean U.S. firms off a key British benchmark interest rate that he knew was being rigged, resulting, the lawmakers said, in costly litigation that hurts American taxpayers.

  • By Sarah N. Lynch and Alexandra Alper. WASHINGTON, Oct 2- Two Senate Republicans on Tuesday slammed Treasury Secretary Timothy Geithner for failing to wean U.S. firms off a key British benchmark interest rate that he knew was being rigged, resulting, the lawmakers said, in costly litigation that hurts American taxpayers.

  • Grassley's letter comes as the Justice Department, Commodity Futures Trading Commission and the United Kingdom's Financial Services Authority continue to probe whether banks colluded to manipulate the London interbank offered rate, which underpins trillion of dollars in contracts and loans-- from U.S. mortgages to Japanese interest-rate swaps.

  • IRS

    The tenth annual OffshoreAlert gathering brings together financial advisers, Cayman and other offshore bankers, and government officials. But much of the attention - and criticism -has been on the presence of 19 IRS officials.