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  • WASHINGTON, Feb 4- A wide-ranging U.S. energy bill, the country's first major energy measure in more than eight years, was close to stalling in the Senate on Thursday as the chamber struggled to strike a deal to help Flint, Michigan cope with a drinking water crisis. Democratic Senators Debbie Stabenow and Gary Peters, both of Michigan, had proposed an amendment to...

  • SAN JUAN, Jan 27- U.S. Senate Democrats, in a letter to Majority Leader Mitch McConnell, on Wednesday called for congressional action on Puerto Rico, demanding that legislation to resolve the island's financial crisis include tools to restructure debt. Republican Senators Orrin Hatch of Utah, Lisa Murkowski of Alaska and Chuck Grassley of Iowa last month...

  • Democratic senators introduce Puerto Rico legislation Monday, 21 Dec 2015 | 12:40 PM ET

    NEW YORK, Dec 21- Democratic senators introduced emergency legislation for Puerto Rico to establish a short-term stay on creditor litigation to allow the debt-ridden island to restructure its debts, according to a press release from Senator Richard Blumenthal's office on Monday. Treasury has urged Congress to act quickly to address the island's debt...

  • Dec 16- Some casino and hotel companies including Caesars Entertainment Corp and Hilton Worldwide Holdings Inc are expected to get a reprieve from a proposal to curb real estate investment trusts, or REITs. An earlier version of the $650 billion tax break bill detailed Wednesday included provisions that would have potentially derailed major company deals...

  • WASHINGTON/ NEW YORK/ CHICAGO, Dec 15- Lawmakers are likely to scrap a revision to certain legal protections for bondholders from a spending bill that was under negotiation, a congressional aide said on Tuesday. The letter was signed by BlackRock Inc, DoubleLine Group LP, Oaktree Capital Management LP, Western Asset Management Company, T. Rowe Price Group and...

  • WASHINGTON, Dec 11- Congressional negotiators edged closer to a historic deal to lift a 40- year-old ban on most U.S. crude oil exports as part of a massive government spending bill, but the talks were far from conclusion, congressional aides said late on Friday. The Wall Street Journal quoted Senator Heidi Heitkamp, a Democrat from North Dakota, a major new oil...

  • WASHINGTON, Nov 10- The U.S. Senate overwhelmingly passed a sweeping defense policy bill on Tuesday and the White House said President Barack Obama will sign it, despite provisions making it more difficult to close the military prison at Guantanamo Bay, Cuba. Together with extending a ban on transferring Guantanamo detainees to the United States, the bill...

  • WASHINGTON, Oct 20- The U.S. House of Representatives returned on Tuesday from a recess with no set plan for replacing retiring Speaker John Boehner and no discernable progress on budget negotiations, congressional aides said. Meanwhile, Treasury Secretary Jack Lew and Fed Governor Jerome Powell met with Senate Finance Committee members to discuss a third...

  • WASHINGTON, Oct 20- U.S. Senate Democratic Leader Harry Reid said on Tuesday that the U.S. Congress would concentrate on legislation to lift the federal debt ceiling before turning to a budget deal aimed at easing automatic spending constraints. Speaking to reporters in the Capitol, Reid said it was his understanding that the House would take up a debt ceiling...

  • Senator Harry Reid suing exercise-band maker Friday, 9 Oct 2015 | 7:00 AM ET
    Senator Harry Reid suing exercise-band maker

    U.S. Sen. Harry Reid is suing a company that makes and markets a flexible exercise band that he says broke or slipped from his hand during an arm-strengthening routine on New Year's Day, causing him to fall and suffer face, rib and eye injuries.

  • MGM's Murren: Macau 'ugly' but Vegas 'better' Tuesday, 29 Sep 2015 | 2:01 PM ET
    Chairman and CEO of MGM Resorts International Jim Murren

    It has not been a good year to be a shareholder in a major casino company. But the CEO says, "We're doing better, thank God."

  • Jeb or Hillary, tax reform wins in 2016 Friday, 25 Sep 2015 | 11:31 AM ET
    Hillary Clinton and Jeb Bush

    Whether its Jeb or Hillary in the White House, here's why tax reform will be the big winner in 2016, says political consultant Stephen Myrow.

  • As clock ticks, Senate seeks way to avert shutdown Wednesday, 23 Sep 2015 | 7:32 AM ET
    Senate Minority Leader Senator Mitch McConnell (R-KY) (2nd L), Senate Minority Whip Senator John Cornyn (R-TX) and Senator John Thune (R-SD).

    Plans to avert a shutdown began taking shape, but it was still far from certain whether a dispute over Planned Parenthood could be overcome.

  • WASHINGTON, Sept 22- A legislative holding action to avert a U.S. government shutdown began taking shape in the Senate on Tuesday, but it was still far from certain whether a dispute over funding for women's healthcare group Planned Parenthood could be overcome. With only days remaining before an Oct. 1 deadline for action, Senate leaders said they were pursuing a...

  • WASHINGTON, Sept 22- A legislative holding action to avert a U.S. government shutdown began taking shape in the Senate on Tuesday, but it was still far from certain whether a dispute over funding for women's healthcare group Planned Parenthood could be overcome. With only days remaining before an Oct. 1 deadline for action, Senate leaders said they were pursuing a...

  • WASHINGTON, Sept 22- U.S. Senate Democrats on Tuesday unveiled energy legislation designed to hasten America's adoption of cleaner energy, slash greenhouse gas emissions below the Obama administration's goal, and help their party attract young voters in the 2016 elections. Although the bill has no prospect of passing in a Republican-controlled Congress,...

  • WASHINGTON, Sept 22- Senate Democrats on Tuesday unveiled energy legislation focused on cleaner energy production, manufacturing and vehicles that they say would slash U.S. greenhouse gas emissions by at least 34 percent by 2025, surpassing the goal pledged by the Obama administration for U.N. climate talks. The latest round of United Nations- sponsored...

  • WASHINGTON, Aug 27- U.S. lawmakers should work with the Department of Energy to restructure a project to convert excess U.S. weapons-grade plutonium into fuel for commercial nuclear reactors instead of abandoning it, former New Mexico Governor Bill Richardson said. Richardson told Senate Minority Leader Harry Reid in an Aug. 21 letter that switching to a...

  • Harry Reid enters Nevada's solar wars Friday, 21 Aug 2015 | 2:12 PM ET
    Senate Minority Leader Sen. Harry Reid of Nevada

    Sen. Harry Reid said that a Nevada utility, owned by Buffett's Berkshire, is proposing a potential blow to the state's rooftop solar industry.

  • "We saw strange things in the data," said Chris Barnes, a former swaps trader now with ClarusFT, a London- based data firm. The missing transactions reflected an effort by some of the largest U.S. banks- including Goldman Sachs, JP Morgan Chase, Citigroup, Bank of America, and Morgan Stanley- to get around new regulations on derivatives enacted in the wake of the financial...