- John Podesta eats crow: ‘I apologize to Speaker Boehner’
- U.S., China race to finish line on ‘invisibility cloak’
- Obama ‘cavalier’ in hiding foreign aid order, judge rules
- Prince Charles: Muslims are driving Christians from Mideast through persecution
- Gitmo’s first commander: Close the prison down
- Google’s newest photography find: Just wink and shoot
- Detroit’s Heidelberg art project hit by 8 fires in 8 months
- Pa. police pull people over for random DNA tests for feds
- NASA pushing hard to get back into space game
- Harvard student to face federal charges for bomb hoax
Richard C. Shelby
Latest Richard C. Shelby Items
White House Chief of Staff Rahm Emanuel on Sunday portrayed Republicans as sympathetic to BP, saying that a House Republican's controversial apology to the oil giant is emblematic of the party's views.
The Senate on Wednesday jettisoned Democrats' contentious $50 billion liquidation fund for failing financial service companies and instead overwhelmingly embraced an alternative that would try to shield taxpayers even as the government tries to impose "orderly liquidation" on big failed firms.
The Senate on Sunday sent President Obama another hot potato, passing a $1.1 trillion catchall spending bill that includes money needed to run dozens of government agencies but also is loaded with pork-barrel spending.
Profits from government-sponsored mortgage giants Fannie Mae and Freddie Mac - not taxpayers - would back up a home loan rescues for struggling borrowers under a plan approved by a key Senate committee yesterday.
BRUSSELS (AP) — The U.S. home-loan crisis is going to get worse before it gets better, a member of the Senate banking committee said yesterday, claiming that U.S. credit-rating agencies bear some responsibility for the mortgage-industry debacle.