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Bipartisan Group Of Senators Working On Fannie And Freddie Behind The Scenes
Friday, May 12, 2017 - 10:30am | 469On Thursday, director of the Federal Housing Finance Agency Mel Watt reportedly testified in front of the Senate Banking Committee calling for Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Association (OTC: FMCC) to begin retaining their earnings rather than...
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Senate Needs To Move Fast On Healthcare Before Overhauling Tax Code
Thursday, May 11, 2017 - 3:20pm | 669Somewhere beyond the cacophony over President Donald Trump’s firing of FBI Director James Comey is a steady, behind-the-scenes hum about healthcare, which won’t stay yesterday’s news for very long. Analysts at Height Securities, LLC say the U.S. Senate has to deal with healthcare...
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Congress To Ditch Blackberry Phones At Long Last
Tuesday, July 5, 2016 - 3:37pm | 320While the global affinity toward BlackBerry Ltd (NASDAQ: BBRY) devices dwindled in favor of Android or iPhone devices probably half a dozen years ago, the U.S. Senate has been a tad behind the times. However, things are finally changing on the heels of news that BlackBerry will discontinue...
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Debt-limit Bill Gets Passed With Ease
Thursday, February 13, 2014 - 11:29am | 234The United States Senate on Wednesday finally put a halt to this debt limit fight. The final Debt-Limit Bill stands at 55-43, which was in favor of limiting the debt ceiling up until March 15, 2015, fortunately a long way from now. This bill also allows the United States Treasury Department to...
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Market Wrap For December 13: Major Indices Finish The Day Flat
Friday, December 13, 2013 - 5:45pm | 2270Major indices were looking for a rebound after a four day skid which included multiple triple digit point losses for the Dow. Futures pointed to a higher opening as investors found reason to be positive in the House's passing of the budget agreement last night. The markets were unable to hold on...
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Sen. John McCain Discusses Senate Moving Past Border Security Debate
Tuesday, June 25, 2013 - 10:13am | 346Sen. John McCain (R-AZ) called the Senate vote on a motion to end debate around the immigration bill amendment that increases funding for border security an "important hurdle" to get over Tuesday morning on CNBC's Squawk Box. The vote on the amendment passed 67-27, needing 60 votes to proceed,...
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Sen. Ron Johnson Would Abolish The Tax Code
Thursday, May 23, 2013 - 9:46am | 416Sen. Ron Johnson, (R-WI), appeared on CNBC's Squawk Box on Thursday morning to discuss his outlook on the hearing and the current tax code. Johnson is one of members of the congressional subcommittee that heard testimonry from Apple (NASDAQ: AAPL) CEO Tim Cook as he called for reform of U.S....
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California Senate Seat in Play for GOP
Friday, October 14, 2011 - 3:17pm | 576After much anticipation in Republican circles during the 2010 election cycle about the prospect of victories in both the gubernatorial and the senate races turned out to be unfounded, many thought of Dianne Feinstein's 2012 Senate seat as out of the question. The progressive former mayor of San...
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Potash Corp. Gives Up Gains Despite Upgrade
Friday, June 17, 2011 - 12:33pm | 187The agricultural stocks, including Potash Corp. of Saskatchewan (NYSE: POT) have given up their gains from earlier this morning. Numerous analysts came out this morning saying that the negative sentiment caused by the Senate vote yesterday to end subsidies and tariffs on ethanol was an...
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Breaking: Senate Passes $30 Billion Small Business Bill (SPY)
Thursday, September 16, 2010 - 1:01pm | 127The U.S. Senate has passed a long-stalled small business bill, which will provide $30 billion worth of loans and tax breaks. The bill passed with a 61-38 tally, and was a big victory for President Barack Obama and Democrats ahead of the mid-term elections. According to an Associated Press report...
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Small Business Bill Advances in Senate, Final Vote This Week?
Tuesday, September 14, 2010 - 12:52pm | 67A bill that would increase lending to small businesses cleared a Republican block in the Senate Tuesday, potentially clearing the way for a final vote on the measure by the end of this week. The House of Representatives already passed a similar measure. The bill has been a hotly contested piece of...