Controversial housing finance reform legislation making its way through the Senate Banking Committee was co-written by a former mortgage trader for Countrywide Financial and Wachovia, two of the subprime mortgage behemoths at the center of the housing market crash in 2007.
Sen. Bob Corker (R., Tenn.) is said to be standing in the way of a bipartisan bill aimed at sanctioning human rights abusers in Venezuela, where anti-government protesters have come under violent attack by supporters of its Socialist government.
The United Auto Workers (UAW) union asserted in an appeal to the National Labor Relations Board (NLRB) filed Friday that Republican public officials and union opponents unfairly influenced workers at a Tennessee Volkswagen plant that rejected the union by a 53-47 percent margin on Feb. 14.
Russian officials implicated in the prosecution and death of corruption whistleblower Sergei Magnitsky could soon face new European sanctions on their travel and financial assets.
China’s military forces are showing no signs of increased alert status or readiness for conflict despite high tensions with Japan over Beijing’s air defense zone overlapping U.S. and Japanese air defense coverage of the disputed Senkaku islands.
Iraqi Prime Minister Nouri al-Maliki pleaded on Thursday for U.S. and international support to combat a revival of al Qaeda that observers fear could plunge the country back into civil war.
Sens. Roy Blunt (R., Mo.), Lamar Alexander (R., Tenn.), and Bob Corker (R., Tenn.) on Wednesday in a letter to the State Department concerning recent attacks on Egypt’s Christian minority.
Events over the weekend have made the likelihood of a deal by Oct. 17 appear increasingly uncertain as Democrats seek an agreement that includes removing budget caps and raising the sequester levels established in the 2011 Budget Control Act.
President Barack Obama responded to criticisms of his leadership in dealing with Syria on Sunday during an interview on ABC’s “This Week.”
Concerns amongst lawmakers and officials escalated in light of robust evidence Bashar al Assad’s forces carried out a chemical attack on civilians earlier this week.