President Obama and German Chancellor Angela Merkel reaffirm sanctions until Moscow complies with international law.» Read More
When legislation materializes, it would follow a year and half of congressional inactivity in the aftermath of the passage of a sprawling Senate bill backed by Obama but killed by the House. House Homeland Security Committee Chairman Michael McCaul likely will oversee the effort, according to leadership aides. The 2013 Senate bill's pathway to citizenship...
WASHINGTON/ NEW YORK, Nov 20- Goldman Sachs Group Inc on Thursday took the lead in rejecting allegations by a U.S. Senate subcommittee that Wall Street banks were exploiting physical commodity markets to manipulate prices and gain unfair trading advantages. In an often heated hearing before the Senate's Permanent Subcommittee on Investigations, Senator...
WASHINGTON, Nov 20- Goldman Sachs Group Inc on Thursday took the lead in rejecting allegations by a powerful U.S. Senate subcommittee that Wall Street banks were exploiting physical commodity markets to manipulate prices and gain unfair trading advantages. The public airing of concerns about banks' ownership of physical commodities and assets from...
WASHINGTON, Nov 20- Goldman Sachs Group Inc on Thursday rebutted allegations made by a powerful U.S. Senate committee report that condemned Wall Street banks for exploiting physical commodity markets to manipulate prices and gain unfair trading advantages. JPMorgan Chase& Co and Morgan Stanley, which will also address the panel, have both made major moves to...
WASHINGTON, Nov 13- An influential group of U.S. lawmakers, including John McCain, in line to become the head of the Senate's powerful Armed Services Committee, on Thursday pledged to thwart the Pentagon's plans to retire the U.S. fleet of A-10 "Warthog" aircraft. The Pentagon, facing mandatory "sequestration" budget cuts, has sought to eliminate all of the...
Voters generally find candidates associated with their political party are more attractive, reports Today Show.
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.
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.
Americans and their elected officials continue to resist cuts to almost any specific program, big or small.
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.
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.
The mayor of Richmond, Calif., is pushing a novel use of eminent domain to prevent foreclosures. Financial firms are very, very unhappy.
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.
Democrats counting on Obama simply to pass the torch to Hillary Clinton may be in for a letdown, if this expert's analysis is correct.
The national party and its supporters in business are desperate for a candidate who can reverse its trends with women and minorities.
Senators Graham and McCain threaten to put Janet Yellen's Fed chair nomination on hold. CNBC's Tyler Mathisen reports the details.
Leaders from both parties insist a new government shutdown must be avoided although a plan to dodge it is still elusive and Sen. Ted Cruz is urging a repeat.
Sen. John McCain, R-Ariz., told CNBC on Thursday that lawmakers should try the regular budget process for a change.
'What has been done to the civilian sector ... is so harmful,' says Sen. John McCain, (R-AZ), discussing the impact of the shutdown on American citizens as well as both political parties. McCain also shares his thoughts on how Congress can likely reach a compromise on the budget.