Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell reported their net worth in the millions of dollars as the U.S. Senate released personal financial disclosure reports for its members.
Republicans defended Mitt Romney against criticism from Democrats that he avoided taxes by keeping money stashed overseas. Those roles are now reversed with the disclosure that President Barack Obama’s pick to run the Commerce Department does the same thing.
Tom Wheeler, President Barack Obama’s nominee to head the FCC, agreed to sell holdings of $500,001 to $1 million in both AT&T Inc. and Verizon Communications Inc. to resolve possible conflicts of interest before taking office.
A Senate panel approved the nomination of Thomas Perez to be labor secretary, advancing President Barack Obama’s pick to succeed Hilda Solis as the nation’s top labor-law enforcer to the full U.S. Senate where Republican opposition is building.
It’s time to let television viewers buy individual channels rather than being required to pay for bundles of programming, and to end blackouts of sports events in publicly financed stadiums, U.S. Senator John McCain said.
U.S. Securities and Exchange Commission Chairman Mary Jo White has asked her staff to review whether publicly traded companies should be prodded to disclose more information about cyberattacks on their computer networks.
Tom Wheeler, a venture capitalist and former lobbyist, moves toward a U.S. Senate hearing on his nomination to lead the Federal Communications Commission without stated support from the lawmaker who can most sway the process.
Advanced cyber attack tools have become readily available for use by foreign governments and terrorists to infiltrate or cripple U.S. computer networks, two federal law enforcement officials told a congressional panel.