by Sylvan Lane | Jan 8, 2014 | Business, Living
WASHINGTON – On the 50th anniversary of Lyndon B. Johnson’s War on Poverty, Sen. Marco Rubio, R-Fla., called the former president’s “big government” approach to the issue a failure and proposed ending all federal programs dedicated to fighting poverty, instead...
by Ellen Garrison | Jan 8, 2014 | Business, Politics
WASHINGTON — Speaking outside at the Franklin Delano Roosevelt Memorial in sub-freezing temperatures, Interior Secretary Sally Jewell announced Wednesday a program to fund a new youth conservation initiative — the 21st Century Conservation Service Corps....
by Preetisha Sen | Jan 8, 2014 | Business
WASHINGTON – The U.S. Chamber of Commerce said Wednesday that the state of American business is improving and the nation’s economy is “gaining strength.” In the annual State of American Business speech, Thomas J. Donohue, president and CEO of the U.S. Chamber of...
by Kris Anne Bonifacio | Mar 19, 2013 | Business, Politics
WASHINGTON — After a week-long debate, the Senate is poised to approve a spending bill that will fund agencies until the end of the fiscal year, avoiding a government shutdown at the end of March. The bill should be the final chapter on the spending debacle for the...
by Josh Solomon | Mar 19, 2013 | Business
WASHINGTON – Traditionally viewed as a government town, Washington and the capital region are undergoing an extensive entrepreneurial and startup renaissance. What began in Northern Virginia—an epicenter of telecommunications startups in the 1990s—has more recently...
by Fritz T. Burgher | Mar 18, 2013 | Business, Politics
WASHINGTON – Vern Jantzen has spent most of his life on his family’s farm in Plymouth, Neb. After going away to college and receiving his degree in agricultural economics, he returned home to take over his family’s 307-acre farm in the rolling hills of southeastern...
by Marshall Cohen | Mar 12, 2013 | Business, Politics
The Senate Banking Committee held two confirmations today: Mary Jo White, right, for chairwoman of the Securities and Exchange Commission and Richard Cordray, left, for director of the Consumer Financial Protection Bureau. (Audrey Cheng/Medill)Republicans blocked...
by Marshall Cohen | Mar 5, 2013 | Business, Politics
WASHINGTON — Jack Lew has accumulated a few gray hairs after four decades in Washington. Now that he’s Treasury secretary, he’s in store to grow a few more. Lew enjoyed a surprisingly smooth nomination process and the Senate overwhelmingly confirmed him last week to...
by Taylor Hiegel | Mar 5, 2013 | Business
WASHINGTON — Former Utah Gov. Jon Huntsman called on Congress to reignite the debate about “too-big-to-fail” banks, saying that the system gives unfair advantages to large financial institutions. “I think this issue is going someplace because it is based...
by Summer Delaney | Mar 5, 2013 | Business
WASHINGTON—The Gross Domestic Product will shrink by 0.5 percent this year due to the sequester of federal funds, Treasury Undersecretary of International Affairs Lael Brainard said Tuesday. In light of the fiscal climate, Brainard urged legislators and leading...
by Audrey Cheng | Feb 27, 2013 | Business
WASHINGTON — It turns out there is a growing group on Capitol Hill joining the millions of Americans struggling to pay off their college loans: that’s right, congressmen have debt issues of their own. With 46 lawmakers still carrying student debt, financial aid...
by Fritz T. Burgher | Feb 27, 2013 | Business, Politics
WASHINGTON — Jack Lew was confirmed Wednesday as the nation’s next Secretary of the Treasury.in a bipartisan 71-26 vote. Lew, President Barack Obama’s chief of staff and a budget director in both the Obama and Clinton administrations, has years of experience in...
