| Jul 31, 2014
| 1:59 PM
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...
| Jul 17, 2014
| 12:50 PM
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...
| Jul 10, 2014
| 5:53 PM
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.
| Jul 11, 2014
| 5:43 PM
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.
| Jul 18, 2014
| 1:51 PM
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...
| May 19, 2014
| 12:07 PM
Tim Geithner's valuable career as a civil servant culminated in four high-powered years as Treasury secretary. His recent book about those experiences captures the traumas and tensions of the financial crisis.
He rightly takes credit for what most...
| Apr 29, 2014
| 8:10 AM
The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
| Aug 7, 2013
| 3:17 PM
WASHINGTON (Reuters) - Congress has won some partial relief for lawmakers and their staffs from the "Obamacare" health reforms that it passed and subjected itself to three years ago.
In a ruling issued on Wednesday, U.S. lawmakers and their staffs will...
| Nov 14, 2013
| 8:39 AM
WASHINGTON -- Federal Reserve chair nominee Janet L. Yellen strongly defended the central bank's stimulus efforts under questioning at her Senate confirmation hearing Thursday, saying the controversial bond-buying program has helped the economy recover....
| Nov 14, 2013
| 5:16 PM
WASHINGTON — At her confirmation hearing, Janet L. Yellen demonstrated two qualities that analysts said led to her nomination as the next Federal Reserve chief: a commitment to continuing its aggressive stimulus efforts and a low-key ability to...
| Oct 14, 2013
| 6:28 AM
There are so many to choose from, but these four take the cake. In no particular order:
1. The Vitter amendment. Concocted by David Vitter (R-La.), this majestically cynical measure is based on the common misconception that members of Congress and their...