Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
Phoenix prosecutor Rachel Mitchell questions Christine Blasey Ford as Senators, from left, Sen. Mike Crapo, R-Idaho, Sen. Jeff Flake, R-Ariz., Sen. Ben Sasse, R-Neb., Sen. Ted Cruz, R-Texas, Sen. Mike Lee, R-Utah., and Sen. John Cornyn, R-Texas, listen during the Senate Judiciary Committee hearing, Thursday, Sept. 27, 2018 on Capitol Hill in Washington.
Led by Senators Lisa Murkowski and Cory Booker , additional co-sponsors include Senators James Risch , Mike Crapo , Richard Durbin , Sheldon Whitehouse , and Chris Coons . S. 3422, the Nuclear Energy Leadership Act , will help reestablish U.S. leadership in nuclear energy by launching robust public-private partnerships among the federal government, leading research institutions, and the best industry innovators.
The Senate Banking Committee is scheduled to vote Thursday on the nomination of Kathy Kraninger to become director of the Consumer Financial Protection Bureau among a slate of six nominees considered by the panel. Kraninger, a senior official at the Office of Management and Budget, has been heavily criticized by Democrats on the panel over her ties to the administration's family-separation policy at the border.
Kathy Kraninger, President Donald Trump's nominee to take over the nation's watchdog for banks, credit cards and payday lenders, made her public debut in front of the Senate Banking Committee on Thursday, where she is facing extremely hostile questioning from Senate Democrats. President Trump nominated Kraninger on June 18 to replace Mick Mulvaney, Trump's budget director, who has been acting director of the Consumer Financial Protection Bureau since late November.
The House voted Tuesday to give final congressional approval to a sweeping rewrite of the nation's banking rules that would roll back key elements of Dodd-Frank but still leave most of that 2010 law on the books. The White House said earlier this week that President Donald Trump would sign into law the "Economic Growth, Regulatory Relief and Consumer Protection Act ," which won House approval 258-159 as 33 Democrats and 225 Republicans voted for the bill.
The longtime anti-nuclear activist and repeat candidate for statewide office was tired of not getting through to voters. And after a publicized arrest for growing marijuana, his political aspirations felt more distant than ever.
Interior Approves Final Two Segments of Gateway West Power Line Transmission line will create jobs and provide more reliable power to the Western U.S. The Department of the Interior's Bureau of Land Management has approved routes for segments of the Gateway West electric transmission line project on public lands in southwestern Idaho, connecting previously authorized routes in southern Wyoming and eastern Idaho. The project will improve the nation's energy infrastructure and boost the economy in the Pacific Northwest and Intermountain West.
For five years, Sen. Ron Wyden has pushed Congress to address how U.S. Forest Service and Bureau of Land Management leaders often must divert money from other programs, including fire prevention and forest management budgets, to cover the increasingly high cost of fighting massive wildfires. The Wildfire Disaster Funding Act was a part of the $1.3 trillion federal spending package passed by federal lawmakers and signed by the president late last month.
Wednesday evening, the U.S. Senate approved S. 2155, legislation that deregulates Wall Street, on a vote of 67-31. The bill was authored by U.S. Sen. Mike Crapo , chair of the U.S. Senate Banking Committee and contains more than 40 provisions that include deregulation of banks with as much as $250 billion in assets, erasure of reporting requirements meant to combat racial discrimination in lending, permission for certain banks to speculate with depositor funds and many others.
The Senate passed bipartisan legislation Wednesday designed to ease bank rules that were enacted to prevent a relapse of the 2008 financial crisis that caused millions of Americans to lose their jobs and homes.
The Senate has passed bipartisan legislation easing bank rules that were enacted after the financial crisis to prevent a relapse. The Senate voted 67-31 for a bill from Republican Senator Mike Crapo of Idaho that would scale back provisions of the law known as Dodd-Frank.
On the eve of a crucial Senate vote on regulatory relief, the split in the Democratic caucus over rolling back the Dodd-Frank Act has never been starker. Lawmakers on Tuesday voted 67 to 32 to begin debating the targeted relief bill that Senate Banking Committee Chairman Mike Crapo, R-Idaho, negotiated with moderate Democrats on the panel.
In this Jan. 30, 2018, file photo, Senate Banking Committee Chairman Sen. Mike Crapo, R-Idaho, second from left, arrives with Treasury Secretary Steven Mnuchin, right, at the Senate Banking Committee on Capitol Hill in Washington.
The U.S. Senate on Tuesday voted 67-32 in favor of beginning to debate a bipartisan bill that would ease rules for mid-sized and small lenders introduced following the 2007-2009 financial crisis. FILE PHOTO: Chairman of the Senate Banking, Housing, and Urban Affairs Committee Mike Crapo hearing listens to testimony from Federal Reserve Chairman Janet Yellen on the "Semiannual Monetary Policy Report to the Congress" on Capitol Hill in Washington, U.S., February 14, 2017.
In this Nov. 28 file photo, Jerome Powell, President Donald Trump's nominee for chairman of the Federal Reserve, testifies during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington.
The news that longtime Utah Sen. Orrin Hatch will retire, rather than seek another term, not only is drawing attention to a possible Mitt Romney run to replace Hatch; it's also focusing attention on Senate seniority dominoes and chairmanships. Hatch chairs the Senate Finance Committee, which oversees taxes, trade, health care and entitlements.
The U.S. Federal Reserve should "respond decisively" to any new economic crisis, Fed chair nominee Jerome Powell told the Senate Banking Committee on Tuesday, positioning himself as an heir to the central bank policies of current chair Janet Yellen and her predecessor Ben Bernanke. At his confirmation hearing before the banking panel, President Trump's nominee to take over as Fed chair endorsed the core ideas that have defined U.S. central banking since the financial crisis of 2007 to 2009 - a willingness to move aggressively against a downturn, and an insistence on flexibility and independence from political influence in setting policy.
The Senate Banking Committee has scheduled its confirmation hearing for Jerome Powell's nomination to be chairman of the Federal Reserve for Nov. 28. Committee Chairman Mike Crapo, R-Idaho, said in a statement that he had a positive meeting on Wednesday with Powell and called him "well-equipped to lead our economy and the country in a positive direction." Powell, who has been a member of the Fed's board since 2012, was nominated last week for the top job by President Donald Trump, who decided against selecting current Fed Chair Janet Yellen for a second term.
The Republican-led Senate narrowly voted Tuesday to repeal a banking rule that would let consumers band together to sue their bank or credit card company to resolve financial disputes. Vice President Mike Pence cast the final vote to break a 50-50 tie.