The Goldman Sachs Group Inc. employee who criticized the company’s culture in a newspaper column is a wise person “who told it like it is,” according to U.S. Representative Peter Welch, a Vermont Democrat.
U.S. House Speaker John Boehner said he “probably” won’t support legislation to let states require out-of-state Internet retailers to collect sales taxes, saying it would be too cumbersome to implement.
U.S. Representative Peter Welch, a Vermont Democrat, talks about his request to release oil from the strategic reserves last month. Peter Cook reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
President Barack Obama told House Democrats this week that it’s better to make changes to entitlement programs when a Democrat is in office rather than risk doing so under a Republican chief executive, according to two lawmakers who attended.
Senator Ron Wyden, an Oregon Democrat, said in an interview with Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that one his priorities as the new chairman of the Senate Finance Committee will be renew about 50 U.S. tax credits and deductions that expired as last year ended.
The U.S. House of Representatives should support a Senate amendment to the financial overhaul bill that limits “swipe” fees charged to retailers who accept debit cards, a group of lawmakers told Speaker Nancy Pelosi .