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Chuck Grassley

  • Union fights push to hire private tax collectors Tuesday, 15 Apr 2014 | 12:53 PM ET

    The IRS stopped using private tax collectors in 2009 after determining that agency employees could do a better job. The National Treasury Employees Union said the program failed in the past and should not be forced on the IRS. The Senate Finance Committee passed a bill two weeks ago that included an amendment requiring the IRS to revive the program.

  • NEW YORK, Jan 26- A shortage of propane. Ron Wyden, Senate Energy Committee Chairman and an Oregon Democrat who has opposed exports, believes the propane squeeze is a "concrete example" of the risks that consumers may face, he said via a spokesman.

  • SAN FRANCISCO, Dec 11- The company that manages a fleet of airplanes owned and leased by Google Inc executives Larry Page, Sergey Brin and Eric Schmidt improperly bought fuel from the government at below-market rates, for a savings of up to $5.3 million according to a report released by the NASA Inspector General on Wednesday.

  • WASHINGTON, Oct 31 (Reuters)- Republican lawmakers opposed to Obamacare have been grappling with a predicament of their own making as they decide whether to move their staff into the new insurance marketplaces tied to President Barack Obama's healthcare overhaul.

  • WASHINGTON, Oct 31- Republican lawmakers opposed to Obamacare are grappling with a predicament of their own making as they decide whether to move their staff into the new insurance marketplaces tied to President Barack Obama's healthcare overhaul. "The more that Congress experiences the laws we pass, the better the laws are likely to be," he said at the time.

  • Senator: Bring SAC's Cohen before Congress Thursday, 25 Jul 2013 | 6:30 PM ET

    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     Tuesday, 16 Jul 2013 | 7:25 PM ET

    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     Wednesday, 19 Jun 2013 | 4:34 PM ET

    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.

  • Senator blames Geithner for costly suits over Libor Tuesday, 2 Oct 2012 | 5:18 PM ET

    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.

  • More Power to Punish Investment Fraud     Tuesday, 24 Jul 2012 | 7:50 AM ET

    Sen. Charles Grassley, (R-IA), discusses a bipartisan bill that would give regulators more power to impose harsher fines for misconduct on Wall Street.

  • IRS Presence at OffshoreAlert Conference Criticized Wednesday, 2 May 2012 | 6:27 PM ET
    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.

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