Senate GOP, with Pence assist, moves to repeal rule helping consumers in disputes with banks

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.

Editorial: Congress needs a quick fix for CHIP – Fri, 06 Oct 2017 PST

Chalk it up to crisis legislating, which is the new normal on Washington, D.C., where every issue is taken right to the deadline and beyond. Funding expired Sunday for the Children's Health Insurance Program, a program that ensures children in low- to moderate-income families have access to health care.

Yellen calls risks of inflation ‘two-sided’

Senate Banking Committee Chairman Sen. Mike Crapo, R-Idaho, left, and the committee's ranking member Sen. Sherrod Brown, D-Ohio, listen on Capitol Hill in Washington, Thursday, July 13, 2017, as Federal Reserve Chair Janet Yellen testified before the committee. less Senate Banking Committee Chairman Sen. Mike Crapo, R-Idaho, left, and the committee's ranking member Sen. Sherrod Brown, D-Ohio, listen on Capitol Hill in Washington, Thursday, July 13, 2017, as Federal ... more Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, Thursday, July 13, 2017, before the Senate Banking Committee.

Senators begin negotiations on new VA Choice Program

Members of the Senate Veterans' Affairs Committee gained feedback this week about three draft proposals to reform how and when veterans seek private-sector health care, setting the stage for negotiations between Democrats and Republicans on what might be the biggest task for the committee this year. Sen. Johnny Isakson, R-Ga., the chairman of the committee, said an "amazing amount" has been accomplished so far this session and he contributed it to an amendable relationship between Republicans and Democrats on the committee.

Mnuchina s Dodd-Frank reform advice fires up Sen. Warren, Dems

A new U.S. Treasury Department report is lighting a fire under Democrats, particularly Wall Street watchdog Sen. Elizabeth Warren , who said Tuesday recommendations to weaken parts of Dodd-Frank, an Obama-era financial law, are "radical." "This report calls for radical changes that would make it easier for big banks to cheat their customers and spark another financial meltdown.

Senate Republicans and Democrats agree on new sanctions against Russia

Senate Republicans and Democrats reached agreement late Monday on a new package of sanctions on Russia amid the firestorm over Russia's meddling in the presidential election and investigations into Moscow's possible collusion with members of President Donald Trump's campaign. Top lawmakers on two committees - Banking and Foreign Relations - announced the deal, which would require a congressional review if a president attempts to ease or end current penalties.

Federal budget won’t contain specific actions to address Trump uncertainty

If the Trudeau government takes action to address the economic risks of the Donald Trump presidency, it won't happen in the upcoming federal budget. Following weeks of meetings between Liberal cabinet ministers and the Trump administration, sources say Ottawa feels it can proceed with the plan it laid out before the U.S. election.

Banking committee sets vote on Carson’s HUD nomination

After a relatively easy confirmation hearing, Ben Carson will get a vote on his nomination to be secretary of the Department of Housing and Urban Development next week. The Senate Banking Committee, headed by Sen. Mike Crapo of Idaho, announced Tuesday evening that the vote would be held the morning of Jan. 24. Carson, a former neurosurgeon without experience in government or housing, demonstrated an ability to quickly pick up knowledge and also to diplomatically answer senators' tough questions at his hearing.

Other senators join Kirk in calling for Trump to step down

Immediately after a scandal-inducing video of Donald Trump and a Hollywood reporter hit the web Friday night, Illinois U.S. Senator Mark Kirk called on Trump to step down from his position as the Republican Party's presidential nominee. Kirk has consistently condemned the Trump candidacy and has threatened to write-in military officials from General David Petreaus to former Secretary of State Collin Powell rather than vote for Trump.

In polarized Congress, Murray and Crapo talk up bipartisanship in campaigns

In her first television advertisement this week, Washington state Democratic Sen. Patty Murray touted her work on budget issues with Republican House Leader Paul Ryan of Wisconsin. In this photo on Dec. 10, 2013, Ryan, who then served as House Budget Committee chairman, and Murray, who headed the Senate Budget Committee, announced a tentative agreement between Republican and Democratic negotiators on a government spending plan at the U.S. Capitol in Washington.

Bill by Sen. Crapo would streamline and improve veterans health care – Mon, 03 Oct 2016 PST

BOISE _ Veterans would have better access to health care in their communities under legislation introduced Monday by Idaho Senator Mike Crapo. The Improving Veterans Care in the Community Act would consolidate programs to cut wait times for veterans, and would address other concerns raised by Idaho veterans and private health care providers.

Idaho Dems’ late filings causes 3 debates to be eliminated

Three statewide debates for Idaho's congressional races have been eliminated because the Democratic candidates failed to turn in their required paperwork in on time. The Idaho Statesman reports that Democrats Jerry Sturgill, James Piotrowski and Jennifer Martinez did not submit proof that they were running an active campaign to the Idaho Debates board by the Sept.