Hardly a bank bailout hearing goes by in Congress without a lawmaker raising a question on behalf of constituent banks that have applied for federal assistance from the government’s financial bailout fund.
Constituent service or undue influence?
Now, the case of Sen. Daniel Inouye and his office’s inquiry to a federal regulator regarding a Hawaii bank is [...]
President Barack Obama is pushing ahead with plans to shore up dwindling federal reserves for highway construction and establish a government-run bank to pay for future transportation projects.
The administration projects the Highway Trust Fund, which is funded by the federal tax on gasoline, will run dry in late August or early September.
WASHINGTON After hearing a “drumbeat” for more troops, White House National Security Adviser James L. Jones has told U.S. commanders in Afghanistan that they wont get any more troops this year beyond what President Barack Obama already has promised.
“It was essentially to remind everybody that we all participated in the development of the strategy,” Jones [...]
One of the Obama administration’s first major military operations in Afghanistan is under way.
Marine Corps Brig. Gen. Larry Nicholson said the operation is the largest and fastest-moving so far in the war’s newest phase.
U.S. Marines and Afghan security forces began moving into the nation’s southern Helmand province Wednesday to clear out the Taliban and secure [...]
For years, the brick facade of a three-story house near the Capitol has functioned as a shield for the lawmakers who live and pray there, offering sanctuary from the temptations of political life and discretion for those who succumbed.
Their universal response: Break up with the mistress, according to several knowledgeable people who spoke on condition [...]
WASHINGTON The Obama administration on Wednesday expanded efforts to help Americans struggling with distressed mortgages refinance at lower interest rates, even if they owe up to 25 percent more than their homes are now worth.
Analysts, however, said it still wont reach most of the people who need it most.
The economic downturn appears to be bringing out the worst in some people.
The biggest case involved a California company called Family Products that marketed alleged get-rich schemes such as “John Beck’s Free & Clear Real Estate System.” The FTC says the company made bogus claims through DVDs, brochures and national infomercials about the ability to [...]
French planes hunted on Wednesday for the flight recorder from a plane that crashed into deep water off the Indian Ocean archipelago of Comoros.
“No bodies have been recovered by the French and American military rescue teams, nor by the Comoran army rescue boats. No body has been found since the crash,” said Interior Minister Hamid [...]
US police chiefs on Wednesday called on President Barack Obama to pass comprehensive immigration reform as a crucial move to improve security.
“It is crucial that the law enforcement perspective be considered in any debate on immigration,” said Miami police chief John Timoney.
Police leaders convening in Miami, Florida urged the White House to pass immigration reform [...]
Campaign finance mavens John McCain, R-Ariz., and Russ Feingold, D-Wis., are joining forces once again - this time to block President Obamas nomination of labor lawyer John J. Sullivan to the Federal Election Commission.
But the two senators, who succeeded in getting landmark campaign finance legislation enacted in 2002, have indicated that they will lift the [...]
