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John McCain

  • A Republican Senate means changing the chairmen Wednesday, 22 Oct 2014 | 1:58 PM ET

    WASHINGTON— If Republicans win the Senate, the Pentagon should brace for constant grilling from Sen. The size of a Republican majority would determine committee ratios and budgets; more seats in the Senate translate into a greater advantage on the panels. "If we lose the Senate, for one thing, the way this Senate's been operating, they could end up blocking all my...

  • WASHINGTON, Oct 6- Former Treasury Secretary Henry "Hank" Paulson told a packed courtroom on Monday that AIG shareholders were singled out for punishment as part of the U.S. government's attempt to contain the contagion of the 2008 financial crisis. "AIG, either fairly or unfairly,... became a symbol for all that is bad on Wall Street," Paulson said as he testified about...

  • Weapons makers like Lockheed Martin, Northrop Grumman, Boeing and Raytheon anticipate new markets for their goods. Russian aggression in Ukraine is reviving long-dormant European demand, while the emerging militant Islamist threat in Iraq and Syria has underpinned already strong Middle Eastern demand.

  • NEW YORK, Aug 20- As the first U.S. oil condensate exports head to Asia from the Gulf Coast, crude producers and refiners are exploring ways to get around a century-old law that makes it three times more expensive to ship by water between U.S. ports than to sail to a foreign port.

  • Private prison companies Geo Group and competitor Corrections Corporation of America, for example, stand to gain if Congress approves any emergency funding for family detention facilities.

  • NEW YORK, July 29- A bipartisan group of U.S. lawmakers warned on Tuesday that restricting Mexican sugar imports would inflate food prices and threaten U.S. food manufacturers, the latest sign that pressure is growing on Washington to avoid trade barriers.

  • Republican lawmakers introduced legislation on Wednesday that would force President Barack Obama to submit quickly to Congress any comprehensive nuclear agreement with Iran and give lawmakers the chance to reject the deal and reimpose sanctions.

  • Department of Justice official on Wednesday issued a thinly veiled threat to Bank of America Corp, saying that banks under investigation for shoddy mortgage securities they sold before the financial crisis must admit to misconduct and pay substantial penalties or face lawsuits from the agency.

  • NEW DELHI, July 3- Newly elected Indian Prime Minister Narendra Modi pushed for improving U.S. ties during a meeting with Senator John McCain in New Delhi on Thursday, as the two countries seek to patch up their differences and boost their economic relationship.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defence industry to foreign investment.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defense industry to foreign investment.

  • NEW DELHI, June 29- Western governments are rushing to visit India's new Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the government prepares to open the nascent defence industry to foreign investment.

  • WASHINGTON, June 17- The pricing model used by U.S. stock exchanges to attract liquidity came under fire on Tuesday, as several Wall Street executives called for ending the practice and two U.S. senators raised concerns about the potential conflicts it creates.

  • McCain, a key member of the Senate Armed Services Committee, said he had long been troubled by the Pentagon's payment of 85- percent or higher award fees to Lockheed on the F-35 program despite cost increases and schedule delays, adding the background to those decisions was "disturbing.

  • WASHINGTON, May 19- As U.S. National Security Agency Director Mike Rogers seeks to repair the damage to the agency caused by leaks about its electronic spying programs, the abuses of government revealed in the wake of the Watergate scandal are very much on his mind.

  • WASHINGTON, May 8- U.S. lawmakers pushed on Thursday for sanctions on Venezuelans linked to human rights violations, but Obama administration officials insisted that acting now would harm negotiations between President Nicolas Maduro's government and the opposition following weeks of violent protests.

  • John McCain: Crimea referendum is a facade     Sunday, 16 Mar 2014 | 6:30 PM ET

    Calling Sunday's referendum a 'facade and a joke', U.S. Senator John McCain says the next long term goal for the U.S. is to help Ukraine regain Crimea. CNBC's Steve Sedgwick reports.

  • Big or small, spending-cut efforts hit roadblocks Monday, 3 Mar 2014 | 6:44 AM ET

    Americans and their elected officials continue to resist cuts to almost any specific program, big or small.

  • Senate to send massive farm bill to Obama Tuesday, 4 Feb 2014 | 6:59 AM ET

    Congress is poised to send a massive, five-year farm bill that provides food for the needy and subsidies for the nation's farmers to the White House.

  • John McCain calls out congressional pork on Twitter Thursday, 16 Jan 2014 | 5:47 PM ET
    Sen. John McCain, R-Ariz., answers questions as he arrives for a meeting of Senate Republicans on a solution for the pending budget and debt limit impasse at the U.S. Capitol October 16, 2013.

    Sen. John McCain is well known as an opponent of wasteful spending, and on Thursday he decided to have a little fun at the expense of his colleagues.