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Topic: Congress

Tuesday, 22 May 2012 | Source: Reuters
North Korea vowed on Tuesday to bolster its nuclear deterrent in response to diplomatic pressure from Washington over a recent failed rocket launch. 
Sunday, 20 May 2012 | Source: The New York Times
The Securities and Exchange Commission has been getting tougher on insider trading on Wall Street, but its potential target may be too wide, The New York Times reports.
Thursday, 17 May 2012 | Source: Reuters
Mitt Romney raised almost as much money as President Obama last month, taking in more than $40.1 million in fundraising efforts for his campaign and the Republican Party.
Thursday, 17 May 2012 | Source: Reuters
Rep. Dave Camp steps up pressure to force action on a rewrite of the tax code, which both parties agree has become overly complicated and inefficient.
Wednesday, 16 May 2012 | Source: Reuters
Rancher and state Sen. Deb Fischer overcame two longtime state office holders to win the Nebraska GOP primary for the U.S.  Senate, the second Republican primary upset in a week after an insurgent ousted longtime Indiana Republican Senator Richard Lugar.
Wednesday, 16 May 2012 | Source: Christian Science Monitor
Speaker John Boehner on Tuesday vowed that the House will not wait until after November elections to find a way to avoid a year-end "fiscal cliff" – and that House Republicans will, again, refuse to raise the national debt limit, unless Congress offsets the hike with spending cuts the Christian Science Monitor reports.
Wednesday, 16 May 2012 | Posted By:  | Source: CNBC.com
The United States’ economy could shrink as much as 4 percentage points in the first half of 2013 if Congress fails to address the expiration of $600 billion worth of tax breaks and jobless benefits by the end of this year, according to Goldman Sachs.
Tuesday, 15 May 2012 | Source: Reuters
President Barack Obama's two stalled nominees for the Federal Reserve are likely to clear a Senate procedural hurdle on Thursday, paving the way for anticipated confirmation, the chamber's leaders said on Tuesday.
Tuesday, 15 May 2012 | Source: Reuters
The House speaker draws an election-year battle line, saying he would back an increase in the government's borrowing authority only if there were an equal amount of spending cuts.
Saturday, 12 May 2012 | Source: The New York Times
Soon after lawmakers finished work on new financial regulations, JPMorgan lobbyists descended on Washington. Their goal was to obtain special breaks that would allow banks to make big bets in their portfolios. The New York Times reports.
Friday, 11 May 2012 | Source: Reuters
Fitch Ratings cut the bank's credit rating one notch to A-plus from AA-minus late on Friday, citing its recent disclosure of a massive $2 billion trading loss, the result of a failed hedging strategy.
Friday, 11 May 2012 | Source: The New York Times
United States and British regulators have been in discussions with the bank for almost a month about the trading group that disclosed more than $2 billion in losses, The New York Times reports.
Friday, 11 May 2012 | Source: The New York Times
JPMorgan Chase’s $2 billion trading loss, which was disclosed on Thursday, could give supporters of tighter industry regulation a huge new piece of ammunition as they fight a last-ditch battle with the banks over new federal rules that may redefine how banks do business. The New York Times reports.
Thursday, 10 May 2012 | Source: Reuters
The financially struggling U.S. Postal Service said its loss widened to $3.2 billion in the first three months of 2012, and repeated that it will likely default on payments to the federal government unless Congress passes legislation offering some relief.
Wednesday, 9 May 2012 | Source: The Associated Press
The financially struggling U.S. Postal Service will look into whittling down full-time staff but plans to maintain a part-time presence in rural areas, with access to retail lobbies and post office boxes.
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Posts |  TOPIC : Politics and
Posted By:Mad Cap Recap
The "Mad Money" host has a word or two for federal government regulators.... Read More
23 May 2012
Posted By:William Dunkelberg, Chairman, Liberty Bell Bank CNBC Guest Blog
Although I strongly disagree with Jamie Dimon about the value of large banks, I am disturbed about the furor that has swelled up in Congress over the size of the loss.... Read More
22 May 2012
As the Congressional Budget Office warned of a recession in the event of a federal fiscal stalemate, two senators appearing on CNBC’s “The Kudlow Report” did little to bridge differences... Read More
17 May 2012
House Speaker John Boehner is playing a heroic role right now... Read More
VIDEO | TOPIC : Politics and Government/Government Agencies/Congress
Sen. Thomas Coburn, (R-OK) and CNBC's Rick Santelli discuss the high cost of Federal job training and its impact on taxp...
The Obama Campaign is out with two new ads today without a single attack on Mitt Romney's business record. Instead, the ...
The Senate Banking Committee is now looking into issues surrounding the Facebook IPO, reports Eamon Javers.
"I've always said that we need people to begin to feel again that they've got their fair shot in life," says Rep. Eric C...
"In theory, Greece should not exit the euro zone because that would usher in a very dark period in Greece and no one wou...


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