Kansas independent Senate challenger Greg Orman's complaints of inaction by Congress may sway conservatives to send him to Washington.» Read More
*Bill could clear panel, but full Senate vote unlikely. *Bill would shutter Fannie Mae and Freddie Mac. WASHINGTON, April 29- The already dim prospects for a bill to wind down taxpayer-owned mortgage financiers Fannie Mae and Freddie Mac grew darker on Tuesday, as a U.S. Senate committee postponed a vote on the legislation.
*Bill could clear panel, but full Senate vote unlikely. *Bill would shutter Fannie Mae and Freddie Mac. WASHINGTON, April 29- The already dim prospects for a bill to wind down taxpayer-owned mortgage financiers Fannie Mae and Freddie Mac grew darker on Tuesday, as a U.S. Senate committee adjourned a meeting on the bill without holding any votes.
WASHINGTON, April 29- The Senate Banking Committee will open debate on a bill to wind down taxpayer-owned mortgage financiers Fannie Mae and Freddie Mac on Tuesday, but does not plan any votes as the panel's leaders scramble for broader support.
WASHINGTON, April 24- The U.S. Senate Banking Committee appears likely to back a bill to wind down government-backed mortgage giants Fannie Mae and Freddie Mac, according to sources familiar with talks on the legislation.
A hotel executive and Democratic fundraiser has pleaded guilty in New York to witness tampering and conspiracy to evade campaign finance laws.
A bill to wind down mortgage financiers Fannie Mae and Freddie Mac would leave a decision on how to treat their private shareholders to the courts.
Partisanship is as bad as it gets, meaning raising the $17 trillion borrowing limit may be tougher than expected, POLITICO's Ben White says.
With bad weather preventing senators from traveling to Washington, a showdown vote on the unemployment bill was postponed until Tuesday.
Here's what's lawmakers are expected to focus on as they return to Capitol Hill.
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.
CNBC's Rick Santelli discusses the latest action in the bond market, and explains how logistics move the market.
Senate Majority Leader Harry Reid was hospitalized as a "precaution" after feeling ill, and doctors concluded "everything is normal" after testing.
Most of Wall Street views a budget agreement as a done deal. If it's not, lots of people will have to rethink rosy scenarios for a happy New Year.
Congressional leaders from both parties are working out the details of a two-year federal budget deal they hope to vote on before the holiday recess.
The Senate is working on new sanctions in case Iran cheats on its pledge to roll back its nuclear program.
Senate Majority Leader Harry Reid's decision to blow up the filibuster on presidential nominations may raise new fiscal crisis risks.
Health and Human Services Secretary Kathleen Sebelius is returning to Capitol Hill for a fresh interrogation on the health care law.
The budget deal to reopen the government could make it easier for lawmakers to make major changes to tax policy, spending and entitlement programs.
LEE SACHS is Co-Founder & CEO of Alliance Partners says that the debt deal gives a window for US congress to work out their differences and not risk a further damage to their reputation.
Marie Owens Thomsen, Senior Economist & Strategist, Credit Agricole Private Banking explains why structural issues are much more concerning than the current U.S. debt debacle.