A Foreclosure Every 13 Seconds
The Wall Street Journal reports there is a foreclosure every 13 seconds in America. Today, the House will complete consideration of the Helping Families Save their Homes Act (HR 1106), which begins to put part of President Obama’s Homeowner Affordability and Stability… Continue
A Great Victory for the Constitution, the Rule of Law, and the Separation of Powers
House Judiciary Chairman John Conyers, Jr. and the former Bush Administration have reached an agreement in which Karl Rove and former White House Counsel Harriet Miers will testify on matters related to the dismissal and retention of U.S. Attorneys. Rove and Miers… Continue
Supreme Court Preserves Ability of Injured Patients to Seek Compensation
Today, the Supreme Court issued a decision preserving the right of patients injured by FDA-approved drugs to seek compensation through lawsuits against drug makers. USA Today explains: The Supreme Court on Wednesday enhanced the ability of people to hold drug companies financially… Continue
President Obama Restores Key Endangered Species Act Requirement
Today, while speaking at the Department of the Interior, President Obama announced that his Administration would reverse a Bush Administration regulation that allowed federal agencies to decide on their own whether or not to comply with the consultation requirement of the Endangered… Continue
Financial Services Democrats Call on Northern Trust to Repay TARP Funds
The Chicago Tribune reports: Northern Trust Corp., which in November received about $1.5 billion as part of the U.S. Treasury Department’s Troubled Asset Relief Program, defended Tuesday its wining and dining of clients during the recent Northern Trust Open in California. Entertainment… Continue
Speaker Pelosi Letter to House Chairs Urging Oversight Hearings on Fiscal Responsibility
Speaker Pelosi sent the following letter today to House Committee Chairs, asking them to schedule oversight hearings to examine the budgets of federal agencies under their jurisdiction saying, “as our nation continues to confront severe budget deficits as a result of unsound… Continue
Fact Sheets on the American Recovery and Reinvestment Act and Recovery.gov Launches
Today, President Obama will sign the American Recovery and Reinvestment Act into law. Learn more about how the legislation will help you and your state by reading these fact sheets from the White House: OVERVIEW ON AMERICAN RECOVERY AND REINVESTMENT ACT>> IMPACT… Continue
House Passes Final American Recovery and Reinvestment Act of 2009
This afternoon, the House passed the Conference Report of the American Recovery and Reinvestment Act by a vote of 246-183, to save and create jobs, get our economy moving again, and transform it for long-term growth and stability. Learn more about the… Continue
Letter to Automakers: Restructuring Plan Must Demonstrate Viability and Protect Taxpayer Investments
Speaker Pelosi and Financial Services Chairman Barney Frank sent the following letter today to Robert L. Nardelli, Chairman and CEO of Chrysler, and Rick Wagoner Jr., Chairman and CEO of General Motors, regarding their company restructuring plans, which are due next week:… Continue
The Salmonella Outbreak: The Continued Failure to Protect the Food Supply
Today, the Energy and Commerce Subcommittee on Oversight and Investigations is holding a hearing examining the recent salmonella outbreak associated with peanut products manufactured by the Peanut Corporation of America. Watch the live webcast>> Chairman Waxman, in his opening statement, explains the… Continue
