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David Vitter

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Top David Vitter Articles see all

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  • Big U.S. banks' funding advantage reduced, could rise in crisis: official

    WASHINGTON (Reuters) - Big U.S. banks' ability to borrow at lower rates than smaller competitors has eroded since the 2007-2009 meltdown but could return in a crisis, a U.S. official said, previewing a highly anticipated report on whether banks remain "too big to fail."
  • Stanford's Ponzi victims cannot file compensation claims -U.S. court

    WASHINGTON (Reuters) - A U.S. appeals court dealt a blow to the victims of financier Allen Stanford's Ponzi scheme on Friday, ruling that they were not eligible under federal law to file claims seeking compensation for their losses. The decision by the...

    U.S. Senate votes to extend terrorism insurance backstop

    WASHINGTON (Reuters) - The U.S. Senate voted overwhelmingly on Thursday to reauthorize a federal terrorism risk insurance program that was created after the Sept. 11, 2001, attacks. Senators voted 93-4 in favor of a bill that gives the federal...

    Lawmakers seek new SIPC directors, help for Allen Stanford victims

    WASHINGTON (Reuters) - A bipartisan group of lawmakers is urging President Barack Obama to nominate directors to an industry-backed organization who will help the victims in Allen Stanford's $7 billion scheme try to recover some of their losses. In a...

    Charla Nash Leads New Push To Ban Trafficking Of Apes And Monkeys

     Charla Nash Leads New Push To Ban Trafficking Of Apes And Monkeys
    WASHINGTON — Charla Nash, horribly mauled by a friend's pet chimpanzee five years ago, flew to Washington Thursday to become a convincing advocate to for a bill that would make it more difficult for someone to own a monkey as a pet. "What happened...