A divided U.S. House of Representatives on Tuesday approved the sixth consecutive short-term extension of fiscal year 2010 budget authority, as frustration grows over Congress' inability to agree to a spending measure for the remainder of FY 2011.
U.S. House of Representatives Republicans on Monday announced five bills designed to rework some of the Dodd-Frank Wall Street Reform and Consumer Protection Act's financial regulatory reforms, including provisions regarding executive salaries, derivative clearings and securities offerings.
Illinois Gov. Pat Quinn vetoed legislation Monday that would have paved the way for two new coal gasification plants in the state, including one in Chicago's South Side, citing the higher costs consumers would have to pay for the cleaner energy.
A top U.S. intellectual property enforcement official on Tuesday issued recommendations to Congress for cracking down on IP crime, including stiffer sentences for counterfeit and trade secrets offenses, and increased penalty powers for U.S. Customs and Border Protection officials.
Sen. Dianne Feinstein, D-Calif., introduced legislation Monday to unpeg federal judicial pay raises from congressional pay hikes and to ensure federal judges receive a cost-of-living adjustment every time other federal employees do.
U.S. and Japanese regulators have subpoenaed UBS AG amid investigations into whether the Swiss bank and others tried to manipulate interbank interest rates used as a global benchmark, the financial giant revealed Tuesday.
Mississippi approved the Mississippi Geologic Sequestration of Carbon Dioxide Act on Monday to govern the geologic sequestration of carbon dioxide, turning over authority to the state's Oil and Gas Board to approve the use of the technique in petrochemical reservoirs.
The U.S. Department of Justice said Monday that Virginia's appeal of its challenge to the Patient Protection and Affordable Care Act should not be allowed to leapfrog the Fourth Circuit to the U.S. Supreme Court.
The U.S. Securities and Exchange Commission approved a volatility-based trading pause proposed by Nasdaq Stock Market LLC that the exchange hopes will help moderate market volatility and prevent a repeat of the May 6 flash crash in the Dow Jones Industrial Average.
Republicans in the U.S. Senate said on Monday they will block any nominee for secretary of the U.S. Department of Commerce put forward by President Barack Obama until he sends free trade deals with Colombia and Panama to Congress for approval.
A Texas lawmaker introduced a bill Friday in the state House of Representatives that would bar hydraulic fracturing contracts from prohibiting the disclosure of chemicals used in the controversial method for natural gas drilling.
Eleven companies received more than $356 million in contract payments from the Internal Revenue Service despite owing a combined $4.3 million in back taxes, according to an internal audit released Monday.
The Nuclear Regulatory Commission on Monday sought to reassure the public that U.S. nuclear power facilities are equipped to withstand seismic activity, as some lawmakers called for a re-examination of nuclear policies in response to reports of devastating accidents in Japan.
Two U.S. senators Thursday called for the Surface Transportation Board to intervene in order to ensure Berkshire Hathaway Inc. does not unfairly raise shipping rates on railroads operated by Burlington Northern Santa Fe Corp., which it acquired in 2010.
The European Union further ramped up its investigation of its members' bilateral air service agreements with Russia on Monday, saying that six more countries' deals may be forcing some EU airlines to unfairly pay extra charges for flying over Siberia.
The U.S. threw its support behind Russian accession to the World Trade Organization on Monday, removing the largest barrier to the country’s long-standing bid for membership.
The White House on Friday directed the Office of Management and Budget to begin laying out a plan for restructuring executive agencies overseeing trade and exports, in an effort to streamline and pare back duplication among federal trade regulators.
TW Metals Inc. on Friday agreed to pay $575,000 in civil penalties to the U.S. Department of Commerce for illegally transporting titanium tubing and aluminum bar through Canada to China and Israel nearly 50 times between 2004 and 2007.
Fortress Investment Group LLC CEO Daniel H. Mudd may be facing civil action from securities regulators for allegedly misleading investors about Fannie Mae's subprime holdings when he headed the government-sponsored enterprise.
A Wisconsin state judge reportedly refused to grant an emergency injunction blocking a bill that restricts collective bargaining for public workers in a suit filed minutes after Gov. Scott Walker approved the legislation Friday morning.