Physician assistants and registered nurses will play a greater role in treating routine illnesses, said one of the Obamacare architects.» Read More
Paul Brown, consumer healthcare advocate at the U.S. Public Interest Research Group, told CNBC’s “Morning Call” that the Food and Drug Administration’s post-market safety program is “broken.”
CNBC's Rick Santelli interviews Rep. Vito Fossella, who is heading a panel looking at how to keep U.S. financial markets competitive in the global marketplace.
Rep. William Jefferson, D-La., was indicted on federal charges of racketeering, soliciting bribes and money-laundering in a long-running bribery investigation into business deals he tried to broker in Africa.
President Bush challenged lawmakers to have the political courage to pass an immigration bill amid intense pressure from critics who call it amnesty and advocates who believe the current system is broken.
Former U.S. senators Bob Dole and Thomas Daschle recently came out with a report, "New Markets for American Agriculture," which is meant to direct farmers toward more biofuels and help them obtain income directly from the marketplace -- rather than through government subsidies. On "Morning Call," Dole said that not only will the suggested program give farmers more opportunities with varied biofuels beyond corn-based ethanol, it will also save the government money...
The House passed a bill that would give the FTC more authority to probe price profiteering from gasoline and other refined products. Violators would face criminal penalties and fines. The bill, which the Bush administration has threatened to veto, is meant to prevent gasoline stations from running up prices.
The United States and China concluded two days of high-level economic talks on Wednesday with a variety of minor agreements but failed to make progress in their dispute over China's undervalued currency.
Treasury Secretary Henry Paulson said on Tuesday the United States was impatient for forceful Chinese action to cut trade deficits but Chinese Vice Premier Wu Yi said Beijing would not yield to pressure.
The United States and China opened a new round of high-level economic talks on Tuesday with the leader of China's delegation bluntly saying that any effort to politicize economic differences between the two nations was not acceptable.
Congress gave final approval to a $2.9 trillion budget plan that promises big spending increases for education and health care and a federal surplus in five years.
In a speech today at the Federal Reserve Bank of Chicago, Fed Chairman Ben Bernanke detailed the many ways in which financial regulators, including the Federal Reserve and Congress, could act in order to prevent a recurrence of the subprime mortgage crises. Okay, not many ways -- four ways.
Democrats controlling Congress presented a $2.9 trillion budget blueprint, ensuring a confrontation with President Bush over spending boosts for education and other domestic programs.
With the student loan industry coming under harsh criticism, the House easily passed a bill aimed at curbing conflicts of interest and corrupt practices in college lending.
I was struck by a line toward the end of Hovnanian Enterprise Inc.'s very dour Q2 forecast. After detailing how earnings losses would be more than double expectations, including all those land losses of course, and how the "results reflect a continued challenging operating environment in most of the company's markets," the conclusion was as follows: "The adverse publicity surrounding the sub-prime market has further damaged home buyers' psychology."
Legislation aimed at preventing retailers and other nonfinancial companies like automakers from operating a bank was approved by the U.S. House Financial Services Committee.
A Democratic congresswoman, Juanita Millender-McDonald, has died of cancer. She was 68 years old.
CNBC's Mary Thompson talks to the new House Financial Services Chairman about executive pay, the subprime lending mess, reforming Sarbanes-Oxley and why he understands capitalism "better than some of the conservatives."
What many see as outrageous or obscene compensation for chief executive officers is back in the limelight after some high profile pay packages lately. The contrarian view is that there is little or no direct link between pay and performance and coupling the two might be detrimental because CEOs would cut corners to boost their pay, eroding the company’s long-term prospects.
Federal and state lawmakers are looking at ways to stem the growing ranks of homeowners who are unable to meet their mortgage payments.
A new report from Congress' Joint Economic Committee finds every foreclosure in America costs combined stakeholders $80,000, and with 1.8 million adjustable rate mortgages scheduled to reset this year, the foreclosure rate will only rise.