Obama wants new banking rules put in place soon
President Barack Obama says the big trading loss at JPMorgan Chase shows the need to finally put in place banking rules he signed into law two years ago. He also is calling on Congress to stop trying to …
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Obama: More teeth needed for Wall Street reforms
President Barack Obama says the big trading loss at JPMorgan Chase shows the need for Congress to put more teeth into Wall Street reforms intended to prevent the practices that led to the 2008 financial meltdown.
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Obama touts reforms after bank’s $2 billion loss
President Barack Obama on Saturday pointed again to the multi-billion-dollar trading loss at JPMorgan Chase as a reason Congress should retain and continue to implement Wall Street reforms to prevent the kinds of practices that he says led to the financial meltdown in 2008.
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State Department denounces proposed budget cuts
The State Department says deep cuts to its budget proposed by Congress will damage America’s security and global leadership as well as prove costly to taxpayers in the long run.Department spokeswoman Victoria …
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Boehner: Obama wanting debt limit hike with no cuts ‘almost took my breath away’ [VIDEO]
President Obama “almost” took House Speaker John Boehner’s “breath away” by announcing his support for a debt limit increase with no spending cuts in a meeting with congressional leaders.
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Quayle bashes Boehner, Cantor, McCarthy for being ‘too little, too late’ on Fast and Furious
Freshman Arizona Republican Rep. Ben Quayle responded harshly to a letter House Speaker John Boehner, Majority Leader Eric Cantor and Majority Whip Kevin McCarthy sent to Attorney General Eric Holder on Friday.
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Boehner: All options on table in gun-running probe
House Speaker John Boehner says “all options are on the table” in the ongoing congressional investigation into the “Fast and Furious” operation and whether the House would move to hold Attorney General Eric Holder in contempt should he refuse to fully comply.
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John Boehner: All Options on Table for ‘Fast and Furious’ Investigation
House Speaker John Boehner said “all options are on the table” when asked if the House would move to hold Attorney General Eric Holder in contempt should he refuse to fully comply with the ongoing congressional investigation into the “Fast and Furious” operation.
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House Republicans top Democrats in April fundraising
WASHINGTON (Reuters) – The Republican Party’s fundraising arm working to elect its candidates to the U.S. House of Representatives raised $6.9 million in April, slightly more for the month than its Democratic counterpart. The National Republican Congressional Committee figures released on Friday showed that the NRCC ended last month with $31.3 million left in the bank, adding about $4.2 million to the cash on hand in March. Republicans currently have a majority in the House. The Democratic Congressional Campaign Committee raised $6. …
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Chinese entities world’s biggest economic spies-Pentagon
WASHINGTON (Reuters) – The Pentagon said on Friday it believes China spent up to $180 billion on its military buildup last year, a far higher figure than acknowledged by Beijing, and it accused “Chinese actors” of being the world’s biggest perpetrators of economic espionage. The Pentagon, in its annual report to Congress on China’s military, flagged sustained investment last year in advanced missile technologies and cyber warfare capabilities and warned that Chinese spying threatened America’s economic security. …
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