A U.S. House of Representatives committee voted to subpoena Jon Corzine to testify before Congress about the collapse of MF Global Holdings Ltd., after the former CEO refused an earlier invitation.
Looking for the richest 1 percent? There's a gaggle roaming the Capitol Hill Rotunda. For all the focus on Wall Street's ills and the growing income disparity in America, a prominent target has been overlooked: Congress. Many lawmakers have enjoyed handsome levels of fiscal success.
Insider trading by members of Congress is a clear problem, but fixing it may prove difficult.
The Federal Housing Administration (FHA)'s mortgage insurance fund is threatened by declining home prices and could require a taxpayer bailout, Congress members said at a hearing on Thursday, echoing an earlier report.
After the frenzy of Cyber Monday, members of Congress on Wednesday entered into a different scuffle over web shopping: states' desire to collect sales taxes from Internet retailers.
The U.S. House of Representatives has passed a bill that looks to reinstate pizzas and French fries on lunch menus of federally funded schools. This follows an earlier proposal that threatened to remove the food items from the menu.
Bonus season could come early this year for employees who are paid on commissions, payroll servicers said on Tuesday, if Congress fails to extend the Obama administration's payroll tax cuts beyond 2011.
Jon Corzine, who has been publicly silent since resigning as MF Global Holdings Ltd's chief executive on November 4, was asked to appear before Congress next month to explain how his futures brokerage collapsed into bankruptcy so fast.
Congress rejected a request by the National Oceanic Atmospheric Administration to establish a Web Site devoted to information about climate change, a reshuffling that did not require additional funding.
The U.S. House and Senate voted to increase the threshold of mortgages backed by the Federal Housing Adminstration (FHA) to $729,750, a move that would give more homeowners access to lower interest rates.
The House of Representatives dealt a blow to childhood obesity warriors on Thursday by passing a bill that abandons proposals that threatened to end the reign of pizza and French fries on federally funded school lunch menus.
Congress on Thursday found a rare moment of accord in the budget fights that have paralyzed Washington this year as lawmakers voted to extend government funding through December.
Rahul Gandhi, the heir to the country's most successful political dynasty, launched a campaign for key state polls on Monday.
Some Indian media reports have speculated that she has some form of cancer.
Rahul Gandhi, General Secretary of Indian National Congress, is likely to step into the shoes of his mother Sonia Gandhi.
Following uproar from all quarters for hiking the price of petrol by 2.7 percent amidst inflated economy, sources from the ruling Congress party said that there is possibility of partially roll back in the hike.
With U.S. government closing the chapter to space exploration, commercial space companies are trying to convince lawmakers to invest in their business ventures.
A proposed federal law has sparked fears that people like Justin Bieber, who got his start performing cover songs on YouTube could end up in jail. The Commercial Felony Streaming Act would make unauthorized Web streaming of copyrighted content a felony punishable by up to five years.
Joe the Plumber, an unlikely figure from the 2008 presidential race, is running for Congress, he officially announced today.
Most Americans, weighed down by the everyday problems triggered by the U.S.'s sluggish economy, probably aren't contemplating the nation's infrastructure; but it's a topic worthy of discussion -- for national asset reasons, and the fact that an infrastructure rebuilding program can boost U.S. GDP growth.
The Obama administration and the regulator for Fannie Mae and Freddie Mac are expected to unveil new steps to help distressed homeowners in the next week or two, a senior congressional aide said on Thursday.
The Federal Reserve plans on sending Congress legislative recommendations on how to help the housing market recover, Senator Dianne Feinstein said on Thursday after a meeting with Fed Chairman Ben Bernanke.
