Gary Miller News
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He calls the law tightening oversight of Wall Street among the most “harmful our capital markets have seen.” She has compared bankers to gangsters.
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The final votes in this year’s election are still being counted, and some lawmakers already are facing threats of 2014 primary challenges if no agreement is reached to avoid automatic spending cuts and tax increases in January.
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The U.S. housing industry is finding political traction in Congress as it objects to plans that would wind down Fannie Mae and Freddie Mac and eliminate any government role in mortgage finance.
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The federal government’s role as the backer of most U.S. home loans is becoming entrenched as fiscal issues distract Congress and the White House from a housing- finance overhaul that would shift more risk to private capital, according to lawmakers and analysts.
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Uprooting intense partisanship in Washington would be easier if fewer legislators represented safe, ideologically homogenous districts. Or so reformers have long maintained. Now, with the final results in from legislative races in California, that thesis will get a real-world test.
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The $700 billion bank-rescue program designed to avert an economic collapse has proved a political liability to some Republican lawmakers in primary races.
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Redrawing the lines of congressional districts in California could end the terms of legislative sisters Linda Sanchez and Loretta Sanchez , and still leave the nation’s most-populous state with 35 Democrats in the House of Representatives, two more than it has now.
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The following is a reformatted version of the U.S. Treasury Department’s daily release on the schedule for Secretary Timothy F. Geithner and other officials:
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The U.S. House voted 242-182 along party lines to cancel an Obama administration program to aid communities hit by foreclosures and abandoned properties.
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Conrad Black , the ex-Hollinger International Inc. chairman, was freed from prison after posting a $2 million bail bond guaranteed by a family friend.
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