by Mattias Gugel | Feb 8, 2012 | Business, Politics
WASHINGTON – Should union members be able to choose which political campaigns their dues support and should labor organizations be forced to share with their members how exactly those political dollars are being spent? The House Committee on Oversight and Government...
by Shirley Li | Feb 7, 2012 | Business, Politics
WASHINGTON –Federal Reserve Chairman Ben Bernanke called the U.S. economic outlook “uncertain” Tuesday and urged “close monitoring” of the economy. At a hearing before the Senate Budget Committee, Bernanke noted the recovery of manufacturing in the country, but said...
by Patrick Svitek | Feb 6, 2012 | Business, Politics
WASHINGTON — Of all the places where disgraced ex-lobbyist Jack Abramoff has been spotted since emerging from prison more than a year ago, his appearance Monday was surely the most unlikely of locales. Seated beneath a floor-to-ceiling banner headlined with the phrase...
by Mattias Gugel | Feb 1, 2012 | Business
WASHINGTON — Republicans and Democrats sparred Wednesday over a way to cure the economy at a House Budget Committee hearing after the head of the Congressional Budget Office said the country is on an “unsustainable fiscal course.” Congressional Budget Office Director...
by Shirley Li | Jan 31, 2012 | Business, National Security
WASHINGTON – The flames of controversy that burst over President Barack Obama’s recess appointment of Richard Cordray as Director of the new Consumer Financial Protection Bureau are still smoldering. Four Republican members of the Senate Banking, Housing and Urban...
by Jaclyn Skurie | Jan 31, 2012 | Business, Environment, Politics
WASHINGTON — Political and economic turbulence in oil-producing nations may threaten a “great revival” in future U.S. energy production, according to a Senate hearing Tuesday. The Senate Energy and Natural Resources Committee reviewed energy supplies, global market...
by Ben Kamisar | Jan 31, 2012 | Business
WASHINGTON — Auto industry officials Tuesday urged the federal government to challenge China’s “rampant use of unchecked subsidies,” as three new reports suggest that Chinese violations of international trade agreements could spell trouble for the American automobile...
by Patrick Svitek | Jan 31, 2012 | Business, Politics
WASHINGTON — Sen. Joe Lieberman on Tuesday warned “irrelevant amendments” could erode bipartisan support for a bill outlawing what has been termed “congressional insider trading.” At a media briefing with Republican Sen. Scott Brown of Massachusetts and Democratic...
by Ed Demaria | Jan 31, 2012 | Business, Health & Science, Politics
WASHINGTON — Netflix supports an update to the Video Privacy Protection Act that would allow consumers’ ongoing consent for posting information, allowing video service providers to use social media better, Netflix’s attorney told a Senate subcommittee Tuesday. The...
by Safiya Merchant | Jan 25, 2012 | Business, Politics
By Safiya Merchant WASHINGTON–Hours after President Barack Obama urged Congress to create more employment opportunities for veterans, Secretary of Veterans Affairs Eric K. Shinseki stressed the importance of taking care of the nation’s veterans...
by Shirley Li | Jan 24, 2012 | Business
WASHINGTON – Secretary of State Hillary Clinton said Tuesday women already play a key part in strengthening the global economy – and expanding that role is not only the right thing to do but also good for business. “If women participate fully even in our own country,...
by Mattias Gugel | Jan 24, 2012 | Business, Politics
WASHINGTON — Former White House speechwriters reminisced Tuesday about their experiences in crafting State of the Union addresses and offered unsolicited advice to President Barack Obama as he speaks to a joint session of Congress in the last such address of his first...