Sen. Rand Paul, U.S. Senator (R-KY), weighs in on the Fed minutes today and his proposed "Audit the Fed" bill last month.» Read More
WASHINGTON, May 22- The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada- to- Nebraska leg of the Keystone XL oil pipeline, a move that would take a decision on the project away from the Obama administration.
*Trade secret theft costs $300 billion, 2.1 million jobs. WASHINGTON, May 22- Theft of trade secrets, chiefly by China, costs the U.S. economy $300 billion a year and must be fought with sanctions as tough as those used against terrorism and drug trafficking, an advisory panel said on Wednesday.
WASHINGTON, May 22- The U.S. House of Representatives approved a bill on Wednesday declaring that a presidential permit was not needed to approve the Canada- to- Nebraska leg of the proposed Keystone XL oil pipeline. The Republican-controlled House voted 241-175 with support from some Democrats.
WASHINGTON, May 22- The White House threatened on Wednesday to veto a Republican bill to switch federal student loan interest rates to a market-based system, arguing the plan would create more uncertainty for students and families.
WASHINGTON, May 22- President Barack Obama's choice to be transportation secretary promised on Wednesday to work with Congress to figure out how to fund U.S. transportation needs during a time of tight budgets and faced lingering Republican anger over recent air traffic controller furloughs.
WASHINGTON, May 22- Three congressional hearings during the past week have allowed lawmakers to vent their anger at the U.S. tax agency for its targeting of conservative groups for extra scrutiny, but the sessions have yielded few answers about who was responsible.
*Shifting story puts White House under glare. WASHINGTON, May 22- Facing criticism from Democratic loyalists, the White House acknowledged on Wednesday that President Barack Obama's team has struggled to get its story straight on who knew what when about the IRS targeting of conservative groups.
Lawmakers have accused top IRS officials of lying to Congress and not being more forthcoming about what they knew about the targeting. Here is what is publicly known about the IRS scandal, based on the Treasury audit, congressional investigators and IRS officials' recent testimony:.
Sen. Rand Paul, U.S. Senator (R-KY), weighs in on the Fed minutes today and his proposed "Audit the Fed" bill last month.
By Kim Dixon and Patrick Temple-West. WASHINGTON, May 22- The Internal Revenue Service official at the center of a scandal about extra tax scrutiny of conservative groups told Congress on Wednesday she had done nothing wrong but invoked her constitutional right not to answer questions.
WASHINGTON, May 22- Major U.S. trade legislation appears increasingly likely to clear Congress this year despite an intensely partisan atmosphere made worse by scandals plaguing President Barack Obama's administration.
Rick Snyder and leaders of the GOP majority in the Legislature reached a budget agreement Tuesday for next fiscal year that doesn't include an expansion of government health insurance for low income-adults and puts Michigan's unexpected surplus toward funding roads and K-12 education.
NEW YORK, May 22- A casual observer familiar with the Keystone XL saga would think the United States was making it very hard to build any oil sands-related pipelines.
WASHINGTON-- President Barack Obama believes journalists shouldn't be prosecuted for doing their jobs, the White House said Tuesday, showing solidarity with First Amendment advocates alarmed by a pair of high-profile federal probes into national security leaks.
Lois Lerner, the IRS official at the center of the political targeting scandal plans to assert her constitutional right not to answer questions from a congressional committee.
Tony Fratto, managing director at Hamilton Place Strategies, comments on the IRS scandal and its impact on the Obama administration and how complex it would be to reform the tax system.
WASHINGTON, May 21- President Barack Obama on Tuesday welcomed passage of a bill to reform U.S. immigration policies by a Senate committee, describing it as consistent with the values he supported and well placed to fix a "broken" system.
Anthony Nelson, Director for Myanmar Affairs at the US-ASEAN Business Council supports Thein Sein's recent trip but says the nation must continue to develop a framework for business and investment.
WASHINGTON, May 21- The White House has threatened to veto legislation pending in the U.S House of Representatives that could strip from President Barack Obama the authority to approve the controversial Keystone XL pipeline.
WASHINGTON/ BOSTON May 21- Several power utilities say they face a barrage of cyber attacks on their critical systems, a report by two Democratic lawmakers found echoing warnings from the Obama administration that foreign hackers were trying to bring down the U.S. power grid.