How Senator Christopher Dodd handles his final months in office is suddenly the big question surrounding U.S. efforts to tighten bank and capital market regulation as part of a worldwide push for reforms.
Global financial regulation has changed little since the 2008 banking crisis, but that won't be the case much longer.
As Congress moves to reform U.S. financial regulation, key senators are nearing bipartisan agreement on stripping the Federal Reserve of its authority to supervise banks, two people familiar with the matter said.
House Speaker Nancy Pelosi said on Tuesday she was sure Democrats in the U.S. House of Representatives and Senate would produce a final healthcare reform plan that would hold insurers accountable and make medical coverage affordable.
The attempted Christmas Day bombing of a U.S. airliner was a potentially disastrous screw up by the intelligence community, President Barack Obama said on Tuesday as he vowed urgent action to tighten air security.
President Barack Obama said on Tuesday that U.S. intelligence agencies had enough information to possibly thwart an attempt to destroy a jet bound for Detroit on Christmas day.
Americans scrapped more automobiles than they bought last year as the ragged economy reduced demand and some major cities expanded mass transit service, according to a new report.
Americans scrapped more automobiles than they bought last year as the ragged economy reduced demand and some major cities expanded mass transit service, according to a new report.
A final push to deliver a sweeping healthcare overhaul to President Barack Obama begins this week as House of Representatives Democratic leaders prepare for difficult negotiations with the Senate.
U.S. healthcare spending rose at the lowest rate on record in 2008 due to the recession, but still reached $2.3 trillion and devoured 16.2 percent of the U.S. economy, government analysts said in a report on Tuesday.
The American embassy in Yemen reopened on Tuesday after a raid near Sanaa that killed two al Qaeda militants addressed specific security concerns that had forced U.S. and European missions to close, the embassy said.
Now that the U.S. Senate and the House of Representatives have passed their versions of healthcare reform, the two chambers must work out their differences before legislation can be delivered to President Barack Obama for his signature.
A final push to deliver a sweeping U.S. healthcare overhaul to President Barack Obama begins this week as House of Representatives Democratic leaders prepare for difficult negotiations with the Senate.
U.S. President Barack Obama on Tuesday plans to unveil reforms aimed at thwarting future attacks like the attempted Christmas Day airliner bombing, as he seeks to limit political fallout from the incident.
Former Illinois governor Rod Blagojevich will be among stars taking on real estate mogul Donald Trump in the boardroom for the Celebrity Apprentice television program in March, NBC said on Monday.
Secretary of State Hillary Clinton said instability in Yemen posed a global threat and pledged on Monday to plug any holes in U.S. security procedures after a Christmas Day airline bombing attempt.
A top White House official said on Sunday the plot to bomb a Detroit-bound plane on Christmas Day exposed errors but he played down the need for a sweeping overhaul of the U.S. security system.
The United States has indications al Qaeda is planning an attack against a target in the Yemeni capital of Sanaa, a senior aide to President Barack Obama said on Sunday.
The United States and Britain closed their embassies in Yemen on Sunday over security concerns about possible militant attacks after the failed bombing of a U.S.-bound plane on Christmas Day.
The Obama administration on Saturday zeroed in on al Qaeda as the driving force behind an attempt to bomb a U.S.-bound airliner on Christmas and promised again to hold accountable those involved in the failed atta
U.S. President Barack Obama said on Friday it appeared the man suspected of trying to bomb a Detroit-bound plane on Christmas was a member of al Qaeda and had been trained and equipped by the Islamic militant network.
North Korea called for an end to hostile ties with the United States and an atomic-free peninsula in a New Year message that comes weeks after it indicated it could end its year-long boycott of nuclear disarmament talks.
