Republicans elected Kevin McCarthy of California as U.S. House majority leader, promoting a member of Speaker John Boehner’s leadership team seen as a friend to business and Wall Street, and chose Representative Steve Scalise of Louisiana to succeed McCarthy as majority whip.
The defeat of House Majority Leader Eric Cantor, amid charges he supports amnesty for undocumented workers, will stall immigration legislation this year and send Republicans into the 2016 presidential season at odds with one of the nation’s fastest-growing political constituencies.
Data brokers lack transparency and Congress should consider laws giving consumers more control over personal information, the Federal Trade Commission said after studying companies including Acxiom Corp. and CoreLogic Inc.
The top U.S. telecommunications regulator, Tom Wheeler, received an earful from lawmakers concerned about his pending decisions on Internet-traffic rules, spectrum auctions and cable-industry consolidation.
U.S. Representative Joe Barton ’s description of the BP Plc oil spill compensation fund as a “shakedown” and his apology to Chief Executive Officer Tony Hayward sparked an uproar and denunciations from the Texas lawmaker’s fellow Republicans.