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House Panel Takes Harder Line On Wall Street Pay

Posted: 07/28/2009 - A House panel has voted to ban corporate pay practices at financial firms that encourage "inappropriate risk," going farther than President Barack Obama wanted in trying to rein in excessive salaries and bonuses on Wall Street.

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Congress Acts To Shore Up Depleted Programs

Posted: 07/28/2009 - The House, doing some billion-dollar housekeeping before it leaves for the August recess, is taking up legislation to keep recession-hit federal programs that support highway projects, state unemployment insurance and mortgage loans from running dry.

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Bipartisan Group Omitting Dem Health Care Goals

Posted: 07/28/2009 - Officials say that a bipartisan group in the Senate is edging closer to a health care compromise that omits a government insurance option that President Barack Obama favors. Nor is it expected to require businesses to offer coverage to their employees.

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Top US Officials Seek To Reassure Chinese

Posted: 07/27/2009 - President Barack Obama has rolled out top administration officials to try to reassure China that the U.S. will not let huge budget deficits or runaway inflation jeopardize the value of Chinese investments here.

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Grassley To Oppose Sotomayor

Posted: 07/27/2009 - The No. 2 Republican on the Judiciary Committee says he'll vote against Supreme Court nominee Sonia Sotomayor.

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American's Rate Fed Worst Among 9 Key Agencies

Posted: 07/27/2009 - A new poll suggests Americans' regard for the Federal Reserve is sinking, despite efforts by chairman Ben Bernanke that analysts say averted financial disaster last year.

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Task Force Head Says Gov't To Sell Automaker Stock

Posted: 07/27/2009 - The head of the Obama administration's autos task force says the government wants to sell its shares in General Motors Co. and Chrysler Group LLC as soon as possible.

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White House Hopes Gates, Crowley Come For Beer

Posted: 07/27/2009 - The White House says plans are under way for the police officer and professor at the center of a racial controversy to join President Barack Obama for a beer.

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GOP Sen. Sessions To Oppose Sotomayor

Posted: 07/27/2009 - The senior Republican on the Senate Judiciary Committee says he'll vote against Supreme Court nominee Sonia Sotomayor.

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Clinton Paints Robust Picture Of US Abroad

Posted: 07/27/2009 - Secretary of State Hillary Rodham Clinton is standing fast behind the Obama administration's readiness to engage with foes like Iran and North Korea.

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House Permits Needle Exchange Programs

Posted: 07/24/2009 - Members of the House have voted to end some long-standing restrictions on needle exchanges for drug users and on sex education.

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