House Republicans are moving toward a vote this week on legislation to revive dozens of lapsed U.S. tax breaks and extend them only through the end of this year.
Read More »Immigration foes seen getting no help from courts
The lifeline Barack Obama threw 5 million undocumented immigrants is seen as tough to sever in court, because he’s exercising discretion that historically only Congress can check, either through legislation or possibly impeachment.
Read More »Honda may face record fine for underreporting
Honda Motor Co. said it failed to report more than 1,700 claims of injury or death involving its cars to U.S. regulators, a violation that would be one of the biggest in history and could lead to a fine of $35 million.
Read More »Commentary: Did Ferguson prosecutor face a no-win situation?
If a conviction was extremely unlikely — and that seems to be the consensus of most of the experts I’ve seen — then I’m not sure there were any good options here. I’m not even sure the prosecutor chose the worst one.
Tagged with: Ferguson shooting
Read More »Obama calls Hagel ‘exemplary’ as defense chief steps down
U.S. Defense Secretary Chuck Hagel is stepping down from his post after 21 months in office amid tension with the White House over strategy and the rise of new security challenges to the country.
Read More »Regulators urged to set Fannie-Freddie free
The predictions of housing analysts is that there is no chance the Republican leadership taking over the Senate will reach an agreement with Democrats and President Barack Obama to reform a system that guarantees affordable mortgages to most Americans.
Read More »Fed reviews bank supervision as Senate panel begins hearings
On the eve of a Senate hearing Friday into whether the Federal Reserve has been “captured” by the institutions it is supposed to regulate, the Fed announced a broad review of its supervision of the largest banks, and a top official acknowledged there’s a danger that examiners could be too easy on them.
Read More »House Republicans sue Obama over delays in health-care law
U.S. House Republicans sued President Barack Obama’s administration over implementation of the 2010 health-care law, saying the president exceeded his authority by delaying part of the program.
Read More »Congress can’t defund immigration order
Congress can’t use spending bills to defund the main agency that would carry out President Barack Obama’s immigration order, a House committee aide said, complicating Republicans’ plans to block executive action by choking off funds.
Read More »Extension of lapsed tax breaks faces obstacles in Congress
U.S. lawmakers are trying to make a deal to extend dozens of lapsed tax breaks through 2015 and make a few of them permanent, said two Senate Democratic aides and a House Republican aide.
Read More »U.S. said to pursue charges against other mortgage traders
The U.S. government is building potential securities fraud cases against more Wall Street mortgage-bond traders after winning a conviction this year against a former Jefferies Group LLC trader, according to two people with knowledge of the investigations.
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