John McCain

John McCain News

  • Lawmakers Spurred by Lewis Book Try to Slow Flash Traders

    Democrats in Congress today will renew a long-stalled push to levy fees on high-frequency trading in an effort to generate hundreds of billions of dollars -- or tax the practice out of existence.

  • Caps on Total Campaign Giving Voided by U.S. High Court

    A divided U.S. Supreme Court struck down decades-old limits on the total amount donors can give to federal candidates and parties, dealing a fresh blow to efforts to curb the role of money in American politics.

  • Lewis Likens Einhorn to ‘Dumb Tourist’ in Fixed Card Game

    In today’s “rigged” U.S. stock market, large investors such as Greenlight Capital Inc.’s David Einhorn are like “dumb tourists” led to a casino where the card games are fixed, according to Michael Lewis, whose book “Flash Boys” has touched off a national debate about high- frequency trading.

  • Charles Keating, Face of Savings and Loan Bust, Dies at 90

    Charles H. Keating, whose leadership of a California savings and loan made him the face of a U.S. banking crisis and a millstone around the politicians who tried to help him, has died. He was 90.

  • Caterpillar Says Swiss Tax Move Ended Unnecessary Expense

    A Caterpillar Inc. executive defended her company’s tax maneuvers, telling a Senate panel that moving profits from its parts business to Switzerland from the U.S. was a legal and appropriate way to eliminate unnecessary expenses.

  • Caterpillar Escaped $2.4 Billion Tax With Swiss Maneuver

    Caterpillar Inc.’s maneuvers to move profits from its parts business to Switzerland were legal and appropriate, an accountant who helped devise the strategy told congressional lawmakers today.

  • Caterpillar Escaped $2.4 Billion Tax With Swiss Maneuver

    Caterpillar Inc. avoided paying $2.4 billion in U.S. taxes by shifting profits from a parts business to a subsidiary in Switzerland, according to a report released today by a Senate investigative committee.

  • McCain Looks to U.S. Companies in Russia If Putin Pushes

    The U.S. should consider forcing major American companies such as General Electric and Exxon Mobil to suspend business in or pull out of Russia if President Vladimir Putin attempts to take more territory from Ukraine or other neighboring nations, said Senator John McCain of Arizona.

  • McCain Says Forcing Companies From Russia an Option (Transcript)

    Senator John McCain, an Arizona Republican, said in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that the U.S. should consider forcing U.S. companies to cut their business ties to Russia if President Vladimir Putin tries expand his country’s incursion into Ukraine.

  • Immigration Advocates Asking Business Leaders for Push

    Republicans favoring a broad revision of U.S. immigration policies are questioning why business groups aren’t doing more to force the issue with the party’s majority in the House of Representatives.

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