Senate confirms Hochberg for second term as Ex-Im Bank chief
WASHINGTON (Reuters) – The U.S. Senate on Wednesday voted 82-17 to approve the nomination of Fred Hochberg for a second term as president of the U.S. Export-Import Bank.
Obama’s U.N. nominee calls inaction on Syria ‘disgrace’
WASHINGTON (Reuters) – Samantha Power, President Barack Obama’s nominee to be the U.S. ambassador to the United Nations, promised to push for action on Syria and fight what she termed “unacceptable bias” against Israel at the world body during her Sena…
Pentagon wants more regular testing after failed missile test
WASHINGTON (Reuters) – U.S. defense officials affirmed their commitment to a $1 billion expansion of a Boeing Co ground-based missile defense system despite a test failure this month, but called for more regular testing to get a grip on nagging quality…
Washington IRS office played role in scrutiny case: Republicans
WASHINGTON (Reuters) – A high-level Internal Revenue Service office in Washington played a role in delaying reviews of some conservative groups’ applications for tax-exempt status, according to excerpts of interviews released by Republicans on Wednesda…
U.S. appeals court tosses injunction limiting indefinite detention
NEW YORK (Reuters) – A federal appeals court on Wednesday lifted a lower court order that would have prevented the U.S. military from indefinitely detaining people believed to have helped al Qaeda or the Taliban.
U.S. lawmakers say little political support for phone surveillance
WASHINGTON (Reuters) – U.S. spy agencies went too far when they built a massive database of all daily telephone call records and may have jeopardized political support for the very law they relied on to create it, members of Congress said on Wednesday….
U.S.’s Lew to visit Greece, discuss its reforms
WASHINGTON (Reuters) – U.S. Treasury Secretary Jack Lew will visit Greece on Sunday to discuss the euro zone country’s economic reforms and Europe’s policies to support recovery, the Treasury said on Wednesday.
Senate to look at banks’ control of commodity storage
(Reuters) – A U.S. Senate committee will hold a hearing next week on whether banks should control physical storage of commodities, the HuffingtonPost reported, a signal that lawmakers may toughen their stance on this controversial but lucrative busines…
Treasury’s Lew says committed to ending too big to fail
NEW YORK (Reuters) – U.S. Treasury Secretary Jack Lew said on Wednesday that the United States is committed to ending a policy of “too big to fail” where large institutions receive considerable government assistance if they get into trouble.
Obama says immigration bill unlikely to pass House before August break
WASHINGTON (Reuters) – President Barack Obama on Tuesday for the first time admitted that it was unlikely that the Republican-led House of Representatives would pass sweeping immigration reforms before lawmakers left Washington for a month-long break i…
