WASHINGTON— House Republicans passed legislation late Friday to address the crisis on the U.S.- Mexico border by sending migrant youths back home without hearings, winning over conservatives with a companion bill that could lead to deporting more than half a million immigrants whom the Obama administration granted temporary work permits.» Read More
Senior Democrats say the House is preparing to quickly pass a $15 billion job-creating measure once it is approved by the Senate, illustrating new urgency on the part of Democrats to show they are taking steps to improve the national employment picture.
Delaware's short-selling senator thinks the practice is fine so long as predators don't step in and create another Bear Stearns or Lehman Brothers-type crisis.
Fed boss Ben Bernanke faces a tall order from Congress this week: Do more to stimulate job growth but unwind liquidity measures implemented during the crisis.
With President Barack Obama's health care overhaul in limbo, Americans' fears about its effect on them eased in January, according to a poll released as the president tries to revive sweeping Democratic legislation.
Congress could have passed a more sweeping jobs bill with larger bipartisan support if Democrats had been more willing to work with Republicans, Sen. Charles Grassley told CNBC.
As two days of Congressional hearings begin today, there is one question above all others that will be front and center: are the electronics in Toyota gas pedals flawed?
Toyota's stay in the penalty box won't be a quick one. If the last week has shown us anything it's the fact hearings, lawsuits, and a steady stream of stories about Toyota being slow to recall millions of potentially dangerous will keep flowing for some time.
House Ways and Means Committee Chairman Charles Rangel says he can't turn over political contributions linked to indicted billionaire Allen Stanford, because the money has already been donated to charity.
In the context of the old cliché abut the Fed taking away the punch bowl just as the party is getting going, it's more like taking away the super-sized cups; you really weren’t going to drink it all anyway.
Senate banking committee Chairman Christopher Dodd (D-Conn.) and Republican member Bob Corker (R-Tenn.) hope to have a draft version of a bipartisan bill on financial regulatory reform next week with markup beginning the following week
The White House and congressional leaders are preparing a detailed health care proposal designed to win passage without Republican support if GOP lawmakers fail to embrace bipartisan compromises at next week's summit.
At long last I have found my new hero. He is rotund and profound, graced with a hint of "Sopranos" and a hefty dose of obstinate common sense. He is Chris Christie, the newly elected governor of New Jersey, and this morning on CNBC’s "Squawkbox" he his first national TV appearance since his Obama-smiting election—and Christie crushed it.
Federal and state officials, many facing record budget deficits, are starting to aggressively pursue companies that try to pass off regular employees as independent contractors. The New York Times reports.
An October trial date in New York has been set for Raj Rajaratnam, charged in what prosecutors call history's largest hedge fund insider trading case. The founder of New York-based Galleon Group, entered a not guilty plea to an updated indictment released by prosecutors last week.
Break out the bubbly, for at long last we have irrefutable evidence that the Great Recovery is at hand: Here come the lawyers.
Scott Phillips had to close his small plumbing company after the housing bubble burst and his business dried up. Roshonda Bolton lost her job when the garment and uniform factory where she had worked for 16 years shut down last August.
While the younger generation, very visibly led by Lloyd C. Blankfein, chief executive of Goldman Sachs, lobbies Congress against such regulation, their spiritual elders support the reform proposed by Paul A. Volcker and, surprisingly, even more restrictions. The New York Times reports.
Imagine if, one year ago, Congress had passed a stimulus bill that really worked. The New York Times explains that's exactly what happened.
Washington’s new political reality has left the fate of comprehensive healthcare reform uncertain, but there’s still plenty Congress and the Obama administration can do to improve the American healthcare system, writes this CEO.
Billy Tauzin, the former Louisiana congressman, is resigning as president of the drug industry trade group Pharmaceutical Research and Manufacturers of America amid internal disputes over its pact with the White House to trade political support for favorable terms in the proposed health care overhaul.