CONGRESS

Audacity or Tenacity? Weiner Wants to Help Choose Successor

Former U.S. Rep. Anthony Weiner, D-New York
Disgraced former U.S. Rep. Anthony Weiner, D-NY, is trying to insert himself back into politics, calling power brokers and would-be candidates for his old seat, hoping they’ll let him play a role in choosing his own successor, the New York Post reported.
U.S. President Obama speaks during a joint news conference with German Chancellor Merkel in the East Room of the White House in Washington

Obama on Weiner: 'I would resign'

President Barack Obama became the latest Democratic leader to voice an opinion on whether Rep. Anthony Weiner should remain in office or leave, saying in an interview to air Tuesday that if he were the congressman I would resign.
More news

Lawmakers Leery Of AT&T Acquisition Of T-Mobile

Members of the House Judiciary Committee said they were skeptical that AT&T's planned acquisition of T-Mobile would benefit consumers, and that they feared it would mean higher prices for wireless service.

Gabrielle Giffords shooting case: Killer Jared Lee Loughner mentally unfit to stand trial

A federal judge ruled on Wednesday that 22-year-old shooter Jared Lee Loughner, who killed six people and seriously wounded Congress woman Gabrielle Giffords, was mentally unfit to stand trial. The ruling came after staff psychologist at the U.S. Medical Center for Federal Prisoners and a forensic psychiatrist certified that the Arizona killer was not mentally stable.

Netanyahu Speech Rejects Dividing Jerusalem

Israeli Prime Minister Benjamin Netanyahu told Congress today that while he is willing to cede symbolically charged Israeli land to the Palestinians, Jerusalem is off the table.
IBTimes Logo

Obama oil plan aims to hush rancor in Congress

President Barack Obama's new plan to expand oil production in the Gulf of Mexico and Alaska is an attempt to deflate Republican criticism that he's not doing enough to expand drilling and appeal to voters as they struggle with high energy cost.
U.S Treasury Secretary Geithner addresses a news conference at the end of the G20 finance meeting in Paris

Geithner warns: Failure to raise debt ceiling may impact seniors

The threat that the U.S. federal government won’t be able to pay all of its bills by its already extended Aug. 2 looms large, but Treasury Secretary Timothy Geithner has another warning: If the nation’s $14.3 trillion debt ceiling isn’t raised, seniors reliant on Social Security and Medicare are to be worried about.
IBTimes Logo

Obama presses Congress on cybersecurity measures

The White House on Thursday pressed Congress to pass strong cybersecurity measures to protect consumers' personal information and safeguard the nation's financial system and electric power grid from potentially devastating attacks.
IBTimes Logo

Regulators assure Congress on Wall St crackdown

U.S. financial regulators, under pressure from a deeply divided Congress, pledged to follow through with a crackdown on Wall Street and the banking business, but to take enough time to get it right.
IBTimes Logo

Congress deepens Apple location tracking probe

Lawmakers extended their probe into location tracking on mobile devices this week, asking Apple Inc and other developers to divulge how they use location data and scheduling a separate hearing on mobile privacy.

'Congress Will Always' Raise the Debt Limit, Geithner says

Treasury Secretary Timothy Geithner's statements on Sunday that Congress will raise the U.S. debt ceiling in the coming months are in line with separate recently-proposed long-term plans by the Democratic and Republican leadership in Congress and the White House to increase the debt by trillions of dollars in the next decade.

Obama to Unveil Long Term Budget Fixes

President Barack Obama will announce later this week deficit reduction targets and a timeline to reach them, White House adviser David Plouffe said on Sunday.
IBTimes Logo

Obama, Congress make budget deal, avert shutdown

President Barack Obama and congressional leaders struck a last-minute budget deal on Friday, narrowly averting a government shutdown that would have idled hundreds of thousands of federal workers.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.