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Bernanke: Too Soon to Consider Tapering Bond Buying

Chuck Grassley

  • *Hearing on Wednesday will tap into whistleblower frustration. April 9- Seven years after Congress passed a new whistleblower law for the Internal Revenue Service, the U.S. tax-collecting agency stands accused of not doing enough, or of not acting swiftly enough, to reward informants who expose tax improprieties.

  • New York Mayor Bloomberg to fund gun control ads -report Saturday, 23 Mar 2013 | 11:53 PM ET

    NEW YORK, March 23- New York City Mayor Michael Bloomberg, a staunch advocate of tougher gun control laws, will bankroll a $12 million national advertising campaign aimed at key members in the U.S. Senate, the mayor said in an interview with The New York Times published on Saturday.

  • The Federal Trade Commission, which has dubbed the arrangements "pay for delay," has fought them in court for more than a decade with mixed success, culminating in the case now before the Supreme Court.

  • WASHINGTON, March 22- The U.S. Supreme Court will hear arguments on Monday over whether big drug companies can settle patent litigation with generic rivals by making deals to keep cheaper products off the market.

  • *Lew: Citigroup bonus was in line with others in industry. WASHINGTON, Feb 13- Jack Lew, President Barack Obama's pick to be U.S. treasury secretary, on Wednesday defused heated questions from lawmakers about his work at Citigroup and managed to find common ground with critics over the need for tax reform.

  • *Lew: Citigroup bonus was in line with others in industry. Republicans on the Senate Finance Committee blasted Lew with questions about his investment in a fund linked to the Cayman Islands and his work at Citigroup, especially a $940,000 bonus he received just before the bank got a taxpayer-funded bailout.

  • * "Hard" cap was part of farm bill that died at end of 2012. WASHINGTON, Feb 12- U.S. farmers would be limited to $125,000 a year in crop subsidies in a significant tightening of farm support rules proposed by four senators from farm and ranch states on Tuesday.

  • *Similar measures failed in previous Congress. The bill is sponsored by Senator Amy Klobuchar, a Democrat from Minnesota and the new chair of the Senate Judiciary Committee's antitrust panel, and by Senator Chuck Grassley, a Republican from Iowa.

  • WASHINGTON, Feb 5- Key Democratic and Republican senators reintroduced legislation on Tuesday that would make it illegal for brand-name pharmaceutical companies to pay generic drug makers to keep their cheaper medicines off the market.

  • WASHINGTON, Jan 29- Two U.S. senators on Tuesday questioned whether the Justice Department has been aggressive enough in prosecuting misconduct at the largest banks and asked the department to turn over information on how it determines punishments.

  • WASHINGTON, Jan 24- Four Republican farm state U.S. senators on Thursday expressed concern that possible free trade talks between the United States and European Union may not dismantle longstanding EU barriers to U.S. pork, beef, poultry and other farm products.

  • WASHINGTON, Jan 2- The $1 a gallon tax credit for biodiesel will run through 2013 at a cost of more than $2 billion under a provision of the mammoth legislation passed by Congress to avoid the so-called "fiscal cliff."

  • WASHINGTON, Nov 30- Sixteen U.S. senators have appealed to President Barack Obama to divert more water to the Mississippi River to prevent barge traffic from shutting down due to low water on the country's inland waterway, a crucial route for goods bound for export.

  • U.S. presses Russia, Ukraine on trade concerns Friday, 30 Nov 2012 | 5:36 PM ET

    Trade Representative Ron Kirk on Friday urged Russia to keep its market open to U.S. meat products and expressed hope the U.S. Senate would soon pass a bill upgrading trade relations between the two countries, his office said.

  • *A123 takeover hinges on U.S. government approval. SHANGHAI, Nov 30- China's government has approved a plan by Wanxiang Group Corp, a major Chinese auto parts maker, to acquire bankrupt U.S. battery maker A123 Systems Inc, although a deal still hinges on the outcome of an auction next month and U.S. government approval.