House Republicans blast EPA for emissions cap

House Republicans blast EPA for emissions cap

WASHINGTON — The Obama administration’s new emission caps on oil and coal-fired power plants are the most costly regulations on utilities to date, House Republicans argued at a hearing Wednesday. “It is simply unacceptable for this administration to continue to impose...
Bernanke: U.S. economic outlook “uncertain”

Bernanke: U.S. economic outlook “uncertain”

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...