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IndyMac Bancorp Inc. will lay off more than half of its employees and will no longer offer fixed-rate home mortgages, Michael W. Perry, the bank's chairman and CEO, said in a prepared statement Monday. Perry also announced that the Federal Deposit Insurance Corp. has downgraded IndyMac's lending status from "well-capitalized," which means the bank can no longer accept brokered cash deposits without a waiver by the FDIC.
Judge Brett Kavanaugh's confirmation hearings to be a Supreme Court justice will take place in the shadow of the nomination of John Roberts to be chief justice 13 years ago. Roberts was confirmed on a 78-22 vote in 2005.
To continue reading this premium story, you need to become a member. Click below to take advantage of an exclusive offer for new members: Supreme Court nominee Brett Kavanaugh before meeting with Sen. Dan Sullivan, R-Alaska, Thursday, July 12, 2018, on Capitol Hill in Washington, .
''The record shows he has a strange idea of what justice is" intoned American icon and movie star Gregory Peck. The "he" in question was Judge Robert Bork, and Peck was lending his voice to something new in American history: a television commercial attacking a nominee for the United States Supreme Court.
This story is like a delicious buffet that you just keep going back to for more, more, more. To appreciate this, all you need to know is that Democrats are in a real bind over Trump's nomination of Brett Kavanaugh to the Supreme Court.
The first black female mayor of San Francisco made history Wednesday as she took the oath of office, vowing to help drug users and the homeless in a city that has come to embody extreme wealth and poverty. In her inauguration speech, London Breed promised to build more housing in a city that has a woefully inadequate supply for the number of high-paying tech-related jobs it creates.
Chuck Schumer says he's going to fight Brett Kavanaugh's nomination to the Supreme Court with "everything I've got." To do so, he'll need to get centrist Democrats to hold the line.
Kris Kobach spoke at a pro-ICE rally in Wichita Saturday, vowing to end in-state tuition for undocumented immigrants at Kansas universities and promising to help grow the Kansas workforce by deporting "illegal aliens." About three weeks out from the Kansas Republican primaries, Kobach is maintaining his stance against illegal immigration, calling it a burden on the state.
Before his Senate confirmation hearing, President Donald Trump's pick for the Supreme Court will need to provide information about his past experience investigating President Bill Clinton and working for President George W. Bush. Requests for that information are included in questionnaires sent to Brett Kavanaugh by the Senate Judiciary Committee chairman, who will lead the confirmation hearing.
Investigators believe it was Russian computer hackers who harassed U.S. military families in 2015 while pretending to be Islamic jihadists, and Sens. Cory Gardner and Ron Wyden are asking the Justice Department to confirm and help protect U.S. veterans and their families from future attacks. Gardner, R-Colo., and Wyden, D-Ore., sent a letter to U.S. Attorney General Jeff Sessions on Friday recounting how the wives and families of U.S. servicemen overseas were harassed by computer hacks and threatening messages in 2015.
The news came like a thunderclap, jolting and unexpecteda followed by that painful silence awaiting a clash of lightning and the dreadfully long hours of solemn rain.
The nominee was a baby-faced 41-year-old White House staffer. His chief protagonist, barely in his second Senate term, won special privileges to lead questions for Democrats.
Detaining immigrant children has morphed into a surging industry in the U.S. that now reaps $1 billion annually - a tenfold increase over the past decade, an Associated Press analysis finds.
WASHINGTON -- New Jersey Transit has received a six-month extension as it seeks federal funding to replace the North Portal Bridge, part of the Gateway project that also includes a new tunnel under the Hudson River. The Federal Transit Administration gave NJ Transit until Jan. 31 to supply the necessary information for federal funds under the Capital Investment Grants or "New Starts" program, according to a letter obtained by NJ Advance Media.
Thai boys speak for the first time: Soccer team who feared death as they sat trapped in a cave for 17 days thank their rescuers and reveal they've already ordered their favorite meal - a KFC 'He wanted to go out like Bonnie and Clyde': Cops shoot dead 16-year-old armed and suicidal football star after his mother called 911 on him for locking her in a garage Was Russia listening? Hack of Democratic Party came right after Trump urged Moscow to 'find Hillary Clinton's 30,000 missing emails' John McCain calls on Trump to CANCEL summit in Helsinki 'unless he is prepared to hold Putin accountable for election tampering' after 12 Russian agents are charged in Mueller investigation Father of New York socialite who was found dead at the bottom of a 27-story trash chute believes his daughter was 'murdered' amid bitter divorce with her construction boss husband Frank Sinatra's first wife Nancy dies ... (more)
Conventional wisdom decrees that red-state Democratic senators running for reelection are politically screwed, regardless of how they vote on Supreme Court nominee Brett Kavanaugh. If they signal thumbs-up, they'll infuriate the party's progressive base and dampen the Democratic turnout they'll badly need.
Democratic senator Bill Nelson has been avoiding common campaign expenses such as paying payroll tax and providing benefits such as health insurance by staffing his reelection effort solely through contractors, a rarely used and frowned-upon tactic. Nelson's filings with the Federal Election Commission so far this cycle contain no disbursements for payroll or salary, nor payments for payroll taxes that come along with having salaried workers.
As alarms blare about Russian interference in U.S. elections, the Trump administration is facing criticism that it has no clear national strategy to protect the country during the upcoming midterms and beyond. Both Republicans and Democrats have criticized the administration's response as fragmented, without enough coordination across federal agencies.
A group of senators from the Midwest including Joe Donnelly, a Democrat from Indiana, says this loss of call-center jobs has to stop. U.S. Sen. Sherrod Brown, a Democrat from Ohio, said he often hears the same complaint about calling a customer service line.