Bob Corker

Bob Corker News

  • Obama Said Near Decision on Leader for Fannie Mae Regulator

    Edward J. DeMarco, who has served as acting director of the Federal Housing Finance Agency since 2009, gave a Senate panel an update today on the FHFA’s oversight of Fannie Mae and Freddie Mac. It’s unclear how much longer he’ll be guiding those efforts.

  • New Deal for Roosevelt’s TVA Seen as Hard Sell for Obama

    President Barack Obama’s proposal to wean the Tennessee Valley Authority from the U.S. government faces the same obstacles that have frustrated privatization advocates since President Dwight Eisenhower termed the state- controlled power company “creeping socialism” in the 1950s.

  • Michigan Lawmakers Oppose U.S. Pact With Japan on Autos

    Lawmakers from states with auto factories and an association of U.S. carmakers expressed opposition to a deal with Japan to reduce vehicle tariffs and enable the Asian nation to join Pacific-region trade talks.

  • Parties Switch Roles Over Possible U.S. Sale of New Deal TVA

    It seems like an idea all Republicans would love: the U.S. sells the largest federally owned power company, paying down debt and ending a project begun at the height of the New Deal’s government expansion.

  • Michigan Lawmakers Oppose U.S. Pact With Japan on Autos

    Michigan lawmakers and an association of U.S. automakers expressed doubts about a deal with Japan to reduce vehicle tariffs and pave the way for the Asian nation to join talks aimed at a Pacific free-trade accord.

  • Background-Check Deal May Help End Gun-Show Exception

    An agreement between two U.S. senators to expand background checks of firearm purchasers boosts prospects that the Democratic-led Senate will pass a broader plan intended to curb gun violence.

  • Lagarde Boosting China IMF Clout Requires New Allies

    The International Monetary Fund’s Christine Lagarde used the word “challenging” to describe the Cyprus rescue to which she pledged $1.3 billion. She might say the same about where the IMF stands with the U.S. Congress.

  • Fannie Mae Profits Complicate U.S. Housing-Finance Overhaul

    The prospect of steady profits at U.S.-owned mortgage financiers Fannie Mae and Freddie Mac is complicating legislative efforts to shrink the federal role in securitizing home loans.

  • Corker Praises Missile Defense Upgrade on U.S. West Coast

    The U.S. is taking needed “precautionary” steps to bolster its missile defense system on the West Coast because of recent threats by North Korea, said Senator Bob Corker of Tennessee, the top Republican on the Senate Foreign Relations Committee.

  • U.S.-EU Trade Deal Is Good for Jobs and Prosperity

    Two years ago, Volkswagen AG opened a $1 billion manufacturing facility in Chattanooga, Tennessee, that employs 3,300 Americans and makes 150,000 cars a year for the U.S. market and for export to Canada, Mexico and South Korea.

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