President Barack Obama must name a Commodity Futures Trading Commission member with the experience needed to ward off Wall Street lobbying over the Volcker rule and speculation limits, nine Democratic senators said.
Democrats and Republicans clashed over reducing the U.S. debt by raising revenue as the first meeting of a bipartisan budget panel today revived the same disputes that have scuttled previous congressional efforts.
Faith Thomas, 4, played with ants on a deserted playground in Tallahassee, Florida, instead of learning how to read. She wore a purple T-shirt with multicolored letters reading: “The Future Belongs to Me.”
Democrats retained control of the U.S. Senate by holding on to crucial seats in Virginia, Montana and Missouri, capturing the Indiana seat held by a retiring Republican and ousting a Republican in Massachusetts, where Elizabeth Warren beat incumbent Scott Brown.
Florida Senator Bill Nelson has submitted legislation to allow hundreds of Holocaust survivors to sue European insurance companies for millions of dollars in unpaid claims, the Miami Herald reported, citing a statement by Nelson released Wednesday.