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Chuck Schumer

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  • Feds: Engineer's sleepiness caused derailment Wednesday, 29 Oct 2014 | 6:59 AM ET

    William Rockefeller's sleepiness was due to a combination of an undiagnosed disorder— sleep apnea— and a drastic shift in his work schedule, the National Transportation Safety Board said. The board also issued rulings on four other Metro-North accidents that occurred in New York and Connecticut in 2013 and 2014, repeatedly finding fault with the railroad...

  • US orders new screening for Ebola Tuesday, 21 Oct 2014 | 12:04 PM ET

    WASHINGTON— Everyone coming to the United States from the three West African countries at the center of the Ebola outbreak will now be screened for the deadly disease at one of five airports, the Homeland Security Department said Tuesday. Earlier this month, Customs and Border Protection officers at New York's Kennedy, Newark Liberty, Washington's Dulles,...

  • NEW YORK, Oct 17- U.S. states and cities are urging regulators to let banks treat municipal bonds as liquid assets, arguing in a letter that munis are among the safest investments and "highly tradeable." "We urge your agencies to amend your recent decision to not treat municipal securities as High Quality Liquid Assets," said a letter, dated Oct. 16 and signed by...

  • DALLAS, Oct 7- The Ebola patient fighting for his life in a Dallas hospital is on a ventilator and a kidney dialysis machine to help stabilize his health, the hospital said on Tuesday. Authorities in the United States and the public are on alert following Duncan's diagnosis more than a week ago, which raised concerns that the worst epidemic of Ebola on record could...

  • WASHINGTON, Oct 7- Federal health officials are preparing to require tougher Ebola screening at U.S. airports this week, Senator Chuck Schumer said on Tuesday. The new measures may include screening air travelers for fever when they arrive in the United States from the worst-stricken countries in West Africa, on direct or indirect flights, Schumer said in a...

  • WASHINGTON, Oct 2- When the Obama administration clamped down last month on companies that reincorporate abroad to escape high U.S. taxes, it did not address a tax-dodging technique known as "earnings stripping," leaving some to wonder if it is the next target. "I think there's still nervousness about what's going on here," said Michael Hirschfeld, a partner at law...

  • NEW YORK, Sept 16- Some of the top 20 investors at Salix Pharmaceuticals Ltd are threatening to vote down a proposed deal to buy a unit of Cosmo Pharmaceuticals SpA, and are pressing Salix to consider selling itself instead, people familiar with the matter said on Tuesday.

  • WASHINGTON, Sept 16- U.S. lawmakers are considering proposals to deal with a rising number of U.S. companies reincorporating overseas to slash their tax bills.

  • NEW YORK, Sept 11- U.S. specialty drugmaker Akorn Inc is exploring a bid for Belgian drugmaker UCB SA's U.S. subsidiary, a deal that would allow the company to move its tax domicile overseas in a practice known as inversion, according to people familiar with the matter.

  • Congress returns: For what? Monday, 8 Sep 2014 | 11:18 AM ET

    Congress finally returns this week after its long recess and prepares to do what it does best: Absolutely nothing, Politico's Ben White says.

  • WASHINGTON, Sept 8- The No. 3 U.S. Senate Democrat has circulated a draft proposal to crack down on U.S. companies that invert, or merge with foreign competitors to get lower tax rates, and it would apply to deals as far back as 1994..

  • WASHINGTON, July 17- The U.S. Senate voted overwhelmingly on Thursday to reauthorize a federal terrorism risk insurance program that was created after the Sept. 11, 2001, attacks.

  • Live-culture wars: US, Russia wrangle over Chobani Friday, 7 Feb 2014 | 11:37 AM ET
    Snowboarder Lindsey Jacobellis hands out Chobani at the 2014 Sochi Winter Olympic Countdown in New York's Times Square on Oct. 29, 2013.

    Plenty of behind-the-scenes maneuvering it taking place to get a huge Chobani shipment sent to Sochi for Team USA.

  • Push is on to get ‘kill switch’ into smartphones Saturday, 11 Jan 2014 | 11:00 AM ET

    Everyone wants a smartphone, especially muggers. Law enforcement officials are pressuring the industry to require "kill switch" technology.

  • DC in 2014: Maybe not quite so bad? Friday, 20 Dec 2013 | 1:57 PM ET

    Surprise! Washington could be slightly less dysfunctional next year. Keep an eye on the debt ceiling, tax reform and mid-term elections. POLITICO's Ben White reports.

  • Boehner: Debt ceiling increase in return for talks Thursday, 10 Oct 2013 | 11:36 AM ET
    Speaker of the House John Boehner (R-OH) speaks with members of the House Republican leadership during a press conference at the U.S. Capitol following a meeting of the House Republican conference October 10, 2013 in Washington, DC.

    Speaker Boehner said that the GOP would offer a temporary increase in the debt ceiling in return for discussions with Obama on the budget and deficit.

  • Sen. Schumer: Solve the Shutdown problem now     Thursday, 10 Oct 2013 | 10:38 AM ET

    Sen. Chuck Schumer warns that if the market thinks these games are going to become routine, another downgrade is possible.

  • Long term deal right for markets: Schumer     Thursday, 10 Oct 2013 | 10:37 AM ET

    Sen. Charles Schumer, (D-NY), says he will fight to get the longest term debt ceiling deal possible. "It is the right thing to do for the markets, country, and citizens."

  • Boehner takes a hard line in call for concessions Monday, 7 Oct 2013 | 6:41 AM ET
    House Speaker John Boehner.

    John A. Boehner said the House would not vote to reopen the government without compromises on the health law.

  • Debt ceiling comes into focus as shutdown drags on Friday, 4 Oct 2013 | 12:50 PM ET
    Speaker of the House John Boehner (R-OH) answers reporters' questions during a news conference after a House Republican caucus meeting at the U.S. Capitol October 4, 2013 in Washington, DC. 'This isn't some damn game,' Boehner said about the current federal government shutdown.

    House Republicans huddled on Friday to plot their next move amid a U.S. government shutdown and hopes for a deal to avoid a default.