Iowa Sen. Chuck Grassley wants Midwest disaster victims to have more to time to benefit from tax relief intended to help with the repair or replacement of damaged homes. Grassley has introduced legislation that would extend the deadline for applying …
Democrats in the Senate cleared the first procedural hurdle for sweeping healthcare reform Saturday by voting to open debate on the historic legislation. The Senate debate due to start on Nov. 30 is expected to last for at least three …
A federal jury in Minneapolis on Friday ruled against Fair Isaac Corp. in its lawsuit accusing Experian Plc and TransUnion LLC of antitrust and trademark violations for using a credit scoring system that competes with its widely used “FICO” score. …
Democrats in the U.S. Senate geared up for a fierce battle over a new healthcare reform plan Thursday as Republicans condemned the bill’s price tag and tax hikes before the first crucial test vote Saturday. Senate Democratic leader Harry Reid’s …
Most Americans want Congress to deal with malpractice lawsuits driving up the cost of medical care, says an Associated Press poll. Yet Democrats are reluctant to press forward on an issue that would upset a valuable political constituency — trial …
The healthcare legislation released by the Senate’s Democratic leaders Wednesday resembles a bill passed by the House of Representatives on Nov. 7 in many ways but there are some major differences between the two. The Senate has yet to begin …
In an open letter addressed to Barney Frank, the Chairman of the House of Representatives Committee on Financial Services, the largest U.S. insurance trade associations expressed their concerns over the recently passed Financial Stability Act’s possible implications. The letter, signed …
Credit rating agencies, accused of assigning top ratings to shoddy securities, would be exposed to greater liability under a wide-ranging financial services reform bill released by a leading U.S. senator. The draft bill unveiled last Tuesday would give investors an …
An influential business group said Thursday that its continued support for President Barack Obama’s healthcare overhaul hinges on whether it slows the soaring growth rate of healthcare costs. The Business Roundtable, which represents some of the largest employers in the …
A government financial stability agency would be created under a draft financial regulation reform bill from U.S. Senate Banking Committee Chairman Christopher Dodd obtained by Reuters Tuesday. The long-awaited Dodd bill departs from earlier proposals already made by the Obama …
