Senate panel to hold hearing on high-frequency trading
WASHINGTON (Reuters) – A Senate panel will hold a hearing next week on high-frequency trading and other forms of automated trading in futures markets to see how regulators can keep derivatives markets safe, a spokesman said on Tuesday.
Hagel presses Congress to support Pentagon plans to cut spending
WASHINGTON (Reuters) – Congress has slashed billions in Pentagon spending but is fighting reforms needed to implement the cuts, Defense Secretary Chuck Hagel said on Tuesday as his top generals went to Capitol Hill to urge lawmakers to slow the rising …
Republican senators call on Veterans Affairs chief to resign
WASHINGTON (Reuters) – Two Republican senators on Tuesday joined veterans groups in calling for Veterans Affairs Secretary Eric Shinseki to resign amid claims that up to 40 people died while waiting for treatment in the U.S. veterans’ healthcare system…
Senator Grassley seeks action on FinCEN hiring probe
ST LOUIS/NEW YORK (Reuters) – Senator Chuck Grassley is taking steps to make sure federal authorities are probing hiring practices of the Treasury Department’s anti-money laundering arm, FinCEN, after the division was caught illegally screening job can…
White House unveils dire warning, calls for action on climate
WASHINGTON (Reuters) – The Obama administration on Tuesday released an updated report on how a changing climate has touched every corner of the country, from oyster growers in Washington State to maple syrup producers in Vermont, and said that urgent a…
Senate panel to vote on housing finance bill next week, aide says
WASHINGTON (Reuters) – The Senate Banking Committee will vote on a bill to revamp the U.S. housing finance system next week, a Senate aide said on Tuesday.
U.S. proposes immigration rules to help high-skilled workers
WASHINGTON (Reuters) – Newly proposed rules for highly skilled immigrants to the United States, including a provision to allow their spouses to work, are aimed at making it easier to keep those talented science, technology and engineering workers in th…
U.S. Senate moves to debate energy savings bill, Keystone bid stalls
WASHINGTON (Reuters) – The U.S. Senate agreed on Tuesday to begin debate on a bipartisan energy efficiency bill, but seems unlikely to pass it unless lawmakers agree on how to proceed with the long-delayed Keystone XL oil pipeline project.
Tiny Alaska fishing village at center of political fight over road
JUNEAU, Alaska (Reuters) – A remote fishing village in Alaska’s Aleutian Islands chain that is inaccessible by land has become the site of a high profile fight pitting the U.S. Interior Secretary against community leaders, state lawmakers and members o…
U.S., Singapore reach agreement on tax evasion: U.S. Treasury
WASHINGTON/SINGAPORE (Reuters) – Singapore has reached a tax information-sharing agreement with the United States under a new law meant to combat offshore tax dodging by Americans, a U.S. Treasury Department spokeswoman said on Monday.
