Did the London Whale revelations result in protections for bank customers -- and their federal insurers -- from this kind of gambling?
Carried interest reform will almost certainly be part of any major tax reform bill offered by Camp or Baucus. But it's also possible that even if tax reform efforts fail or stall, carried interest legislation could find its way into an extenders package or as a pay-for for deficit reduction or an extension of the debt limit.
It is perfectly legal and common for physicians to prescribe medication and medical devices for "off-label" use. But the FDA prohibits manufacturers from directly promoting the unapproved use of their products.
WASHINGTON -- Sen. Max Baucus says the Senate Finance Committee will investigate the IRS targeting conservative political groups, joining a growing li...
Immediately, some began to assert that Baucus' announcement meant the end of tax reform. Pardon me if I differ, but if anything, it probably helps the tax reform effort a bit by concentrating Baucus more on it.
WASHINGTON — Restaurant chains like McDonald’s want to keep their lucrative tax credit for hiring veterans. Altria, the tobacco giant, wants to cu...
The day before a crucial Senate vote to confirm the nation’s next Treasury secretary, Obama nominee Jack Lew is facing questions about certain unusu...
WASHINGTON — The chairman of the Senate Finance Committee says the committee will vote on Tuesday on the nomination of former White House chief ...
WASHINGTON — Jacob Lew, President Barack Obama's nominee for Treasury secretary, pledged to work with Congress on a comprehensive overhaul of th...
WASHINGTON, Feb 13 (Reuters) - Jack Lew, Obama's Treasury secretary nominee, said on Wednesday that it would be challenging to lower the corporate t...
Republican senators like Chuck Grassley may ask some excellent questions, but some of his colleagues are likely to be in attack mode. Here are eight lines of constructive senators should pursue, along with some specific questions for each of them.
By Rachelle Younglai and Anna Yukhananov WASHINGTON, Jan 23 (Reuters) - Senate Republicans on Wednesday offered encouraging words abou...
By Kim Dixon WASHINGTON, Oct 12 (Reuters) - Repealing most of the U.S. tax code's major itemized deductions - like those for mortgage ...
HELENA, Mont. -- U.S. Sen. Max Baucus of Montana said Wednesday that the legislative finance committee that he chairs is launching an investigation in...
WASHINGTON -- The individual insurance requirement that the Supreme Court is reviewing isn't the first federal mandate involving health care. There's...
Ironically, Exxon's significant increase in profits of late comes after its Chairman and CEO virtually pleaded in May with the pooh-bahs of the Senate Finance Committee to rein in the excessive speculation, if not manipulation, of oil on the commodity exchanges.
Nonprofit leaders at a Senate Finance Committee hearing Tuesday spoke out against the proposal to limit tax deductions for charitable contributions. ...
The Cramer interview is breathtaking in exposing the administration's total lack of understanding of the distorted formation of the price of oil and gasoline in today's markets and seemingly impervious to its cost to the economy and its destructive impact on jobs.
You think America has learned its lesson from NAFTA, which the Labor Department has estimated cost us 525,000 jobs? Think again.
WASHINGTON -- The Internal Revenue Service is dropping its investigation of five donors for making contributions to the kind of nonprofit groups that ...
WASHINGTON -- Republicans' decision to block free-trade deals that they have previously supported is evidence that the GOP wants to hurt the economy t...
"Dinosaur" means "terrible, powerful, wondrous lizard." It perfectly defines the fossil fools who argue for the continuation of federal tax subsidies as oil tops $100 per barrel, gasoline at the pump passes $4 a gallon and oil company profits top $35 billion so far in 2011.
WASHINGTON (Tim Reid) - At least 219 former officials at the Securities and Exchange Commission have left since 2006 to help clients with business...
WASHINGTON (Timothy Gardner and Deborah Charles) - The world's biggest oil companies on Wednesday launched broadsides against Democratic plans to ...
To neutralize Citizens United, we must have a Constitutional Amendment to retake our democracy. It won't be an easy fight, but it is a fight worth having, as our democracy depends on it.
