Topic - United States Senate Committee On Agriculture, Nutrition And Forestry

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  • ** FILE ** Sen. Debbie Stabenow, Michigan Democrat. (AP Photo/Carlos Osorio)

    Congress reports 'great progress' on farm bill

    Lawmakers said they made "great progress" toward reaching a farm bill deal in a meeting Wednesday morning as they push toward a final agreement that could be a year-end bright spot for an otherwise unproductive Congress.

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    The Senate has begun laying the groundwork for a half-trillion-dollar farm and food bill that would end unconditional subsidies to farmers, but House Republicans' resolve to cut its biggest component — food stamps — by $13 billion a year dims its prospects of passing Congress.

  • From left: Jon Corzine, former MF Global Holdings Ltd. chairman and CEO; Bradley Abelow, MF Global president and COO; and Henri Steenkamp, MF Global CFO, are sworn in Dec. 13, 2011, on Capitol Hill prior to testifying before the Senate Agriculture Committee. (Associated Press)

    Corzine says he never authorized 'misuse' of money

    Questioned by senators he once served with, Jon Corzine told a panel Tuesday that he never told anyone to "misuse" customer money that vanished when MF Global collapsed this fall.

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