CONGRESS

Cost concerns delay jobs bill in Congress

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Congressional Democrats floated more cuts on Thursday to a package of tax increases and safety-net spending as final passage of the measure looked likely to slip into June.
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Consumers skeptical of Congress on regulation

Small investors angry with Wall Street about their battered portfolios see little relief coming from the U.S. Congress as it attempts the most sweeping overhaul of financial regulation since the 1930s.
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Ex-Lehman CEO Fuld faces Congress amid reform battle

Richard Fuld, former CEO of Lehman Brothers, was summoned to Capitol Hill on Tuesday to answer for the collapse of the fallen Wall Street giant, amid signs a vote on historic financial reforms may be delayed.
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Obama lays out Volcker rule specifics for Congress

U.S. banks would be banned from proprietary trading and other large financial firms would face quantitative limits on such activity, according to draft language on the so-called Volcker rule from the Obama administration.
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Congress extends Patriot Act, no new protections

Legislation to extend expiring provisions of the anti-terror USA Patriot Act won final congressional approval on Thursday, with Democrats unable to add additional civil liberties protections.
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Toyoda arrives for grilling in Congress

Toyota Motor Corp's president pledged to cooperate fully with U.S. government officials investigating safety problems on Wednesday as he prepared to tell a congressional panel that the automaker had let standards slip in its rise to the top.
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Bernanke to outline exit path to skeptical Congress

Ben Bernanke may have cleared the hurdles to his confirmation for a second term as Federal Reserve chairman, but that does not mean lawmakers will be any friendlier to him at high-profile hearings on Wednesday and Thursday.
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Toyota chief faces grilling by U.S. congress

Toyota Motor Corp's president braced for tough questions from a U.S. congressional panel on Wednesday after the Japanese automaker conceded it had let safety standards slip and could still not explain most incidents of unintended acceleration.
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Toyota chief faces congress spotlight

Toyota Motor Corp's president braced for tough questions from a congressional panel on Wednesday after the Japanese automaker conceded it had let safety standards slip and could still not explain most incidents of unintended acceleration.
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Fresh momentum in Congress on financial reform

Efforts to tighten financial regulation picked up speed in the U.S. Senate on Thursday as a key committee targeted next week for the unveiling of revised legislation and the week after for a working session on it.
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Toyota chief sidesteps Congress as pressure mounts

Toyota Motor Corp President Akio Toyoda said on Wednesday he has no plans to testify before U.S. investigators, setting the stage for a possible showdown over a safety crisis that has rocked the automaker's reputation and results.
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Toyota chief sidesteps Congress

Toyota President Akio Toyoda said he believed North America chief Yoshimi Inaba was the logical choice to testify at the U.S. congressional hearings scheduled for later this month.
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Congress probes Toyota recalls as impact spreads

Toyota Motor Corp faced scrutiny from Congress over its biggest ever safety recall as investors, suppliers and consumers weighed the impact of an unprecedented halt in U.S. production by the No.1 automaker.

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