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Search Tags: American Banker
Two major snowstorms hit Washington, burying legislative action on Capitol Hill.
Senate Democrats circulated a jobs bill Tuesday that's light on new initiatives on boosting hiring and heavy with provisions sought by lobbyists for business groups, doctors and the satellite broadcasting industry.
Federal budget resolutions will need to wait thanks to healthcare reform. Leaders of the House and Senate budget committees say their panels probably won't take up budget debate, including your federal pay raise, until after the spring recess which starts on March 29.
Reveling over a new milestone in his presidency, a triumphant Barack Obama on Wednesday signed into law the most sweeping overhaul of lending and high-finance rules since the Great Depression, fundamentally changing the way the government does business with business. Jodi Schneider, senior editor with American Banker, explains.
In last night's address, Obama urged Congress and the nation to get behind sweeping energy and climate change legislation, a domestic priority of his presidency that has stalled on Capitol Hill. Congressional expert Jodi Schneider explains what bills address what and where they are in the process.
The House and Senate Armed Services committees will continue work behind the scenes this week in preparation for markups scheduled this month on the fiscal 2011 defense authorization bill. American Banker's senior editor Jodi Schneider has details.
The Navy may be changing its name soon from the Department of the Navy to the Department of the Navy and the Marine Corps. Jodi Schneider, Senior Editor in the Washington Bureau of the American Banker, has details on this an what else is moving on the Hill.
OMB says earmarks are on the decline, but what exactly is being considered an earmark? Jodi Schneider, Senior Editor with American Banker has details.
President Obama has complained that, while bankers claim they support financial regulation reform, large banks have been lobbying against portions of overhaul legislation moving through Congress, including a provision to set up a new consumer protection agency to oversee their marketing of credit cards, mortgages and car loans.