The top Republican and Democrat on the House of Representatives Ways and Means Committee said on Thursday they had reached a deal to move forward on Russian trade legislation, including human rights provisions opposed by Moscow. “I am pleased that …
Russia’s upper house of parliament voted on Wednesday to ratify entry into the World Trade Organization, and now only the signature of President Vladimir Putin is needed to complete the country’s 18-year bid to join the trade rules club. Russia …
The Senate Finance Committee on Wednesday unanimously approved a bill to ensure U.S. exporters share in the benefits of Russia’s accession to the World Trade Organization but also to punish Russian officials for human rights violations. The legislation still faces …
It’s almost time. After seventeen (count ‘em–17) short-term extensions, almost a half dozen lapses in the program, and tons of political wrangling, a flood insurance reform bill–a real one–is going to come to the Senate floor as soon as tomorrow. …
This week the Senate should reveal whether it will tackle a five-year extension with reform of the federal flood insurance program or another short-term authorization, or both. The National Flood Insurance Program is currently set to expire in 10 days …
Congress Wednesday approved long-delayed trade pacts with South Korea, Colombia and Panama that are expected to lift exports by about $13 billion a year and give U.S. employment a boost. Republicans and Democrats joined together in the House of Representatives …
Insurers today will again urged federal lawmakers to reauthorize and reform the nation’s flood insurance program, which is slated to lapse on Sept. 30 if Congress does not act. At a hearing today, a Senate Banking subcommittee will hear from …
Pigs. Unicorns. Money? A scathing U.S. Senate panel report faulting Goldman Sachs Group Inc., Deutsche Bank AG and others for contributing to the financial crisis may provide ammunition for investor lawsuits accusing the banks of putting their own interests ahead …
Moody’s Corp. and Standard and Poor’s triggered the worst financial crisis in decades when they were forced to downgrade the inflated ratings they slapped on complex mortgage-backed securities, a U.S. congressional report concluded on Wednesday. In one of the most …
The U.S. Senate voted overwhelmingly to overhaul U.S. patent laws, backing a measure aimed at chipping away at a huge backlog of patent applications and offering cheaper alternatives to litigation. In a 95-5 vote, the Senate approved on Tuesday the …
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