A new ethics investigation of the House Financial Services Committee chairman’s investment activities during the events leading up to and surrounding Congress’ $700 billion bailout of Wall Street sets back lawmakers’ election-year efforts to rebound from their record low standing with the public.
President Barack Obama signed into law Friday a final bill authored by former Rep. Gabrielle Giffords, who was wounded in an Arizona shooting rampage a year ago.
A federal appeals court has denied a request to reconsider a lawsuit challenging a Texas law that requires doctors to perform a sonogram before an abortion.
The House on Thursday joined the Senate in voting to explicitly prohibit members of Congress and other top officials from making investments on insider information. But an effort to bridle purveyors of Capitol Hill political intelligence could delay the bill’s enactment.
House-Senate negotiations on extending jobless benefits and a two percentage point cut in the payroll tax remained stalled Thursday, despite a proposal in which Democrats urged a modest six-week cut in the maximum time unemployed workers can receive jobless benefits.