Benefits Council Applauds Pension Relief in Senate Bill
The American Benefits Council is applauding the final passage by the Senate today of The Highway Investment, Job Creation and Economic Growth Act, as the bill includes a provision that provides pension funding relief to companies.
The Tea Party movement burst onto the political scene three years ago.
Rep. Bachus Targeted for Insider Trading in Ethics Probe
House Financial Services Committee Chairman Spencer Bachus is under investigation regarding allegations that he may have violated insider-trading laws.
Congress Approves Two-Month Payroll Tax Cut Extension
Following House GOP change of heart, bill approved by both Houses in Dec. 23 pro forma sessions.
House Rejection of Senate Bill Leaves Payroll Tax Cut Uncertain
The House rejected, 229-193, on Tuesday the Senate bill to extend the payroll tax cut for two months as well as unemployment benefits. If Congress can’t break the logjam, 160 million Americans will pay higher taxes next year.
Boehner Urges House to Scuttle Payroll Tax Cut Deal
A bipartisan negotiated two-month extension of payroll tax cuts and extended unemployment benefits, passed by the Senate on Saturday, looks doomed to fail if House Speaker John Boehner, R-Ohio, follows through with his insistence that the House vote it down late Monday.
SEC to Get $136M Increase Under New Spending Bill for 2012
Bipartisan deal to avert government shutdown includes $1.3 billion in funding for the SEC in 2012, but $25 million cut from Dodd-Frank reserve fund; extension of payroll tax cut still up in the air.
States Ready to Chip in to Boost Economic Recovery
All eyes are on the lingering effects of the 2008 financial meltdown, and federal policymakers are understandably anxious to find a formula that will revive the national economy and help bring unemployment levels down. The states are ready to help.
Wanna Beat the Market by 6.6%? Join Congress
A new study published this year finds a 6.6% annual market-beating advantage for members of the House between 1985 and 2001. Rep. Nancy Pelosi scored a 203% multimillion-dollar return on an IPO at a time when ordinary investors lost 15%...
Separate but Equal?
To hear Duane Thompson tell it, now that the Republicans have control of the House of Representatives, a bill authorizing a self-regulatory organization for investment advisors any time soon is unlikely.