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Last week the House of Representatives passed the Financial Services Regulatory Relief Act by a vote of 415 to 2. The huge margin underscores the overwhelming bipartisan support in the [...]

WASHINGTON -- The House passed legislation 415 to 2 on Wednesday that would ease regulations for banks and thrifts, but it remains unclear if the bill can be enacted this [...]

The House is expected to consider a bill today to ease the regulatory burden on financial institutions. The Financial Services Regulatory Relief Act of 2005 is scheduled to go before [...]

WASHINGTON -- Fannie Mae faces yet another crossroad this week as the results of an investigation into the government-sponsored enterprise's accounting scandal are made public. Depending on what he found [...]

ACTION ON LEGISLATION Budget Reconciliation HR 4241, S 1932 President Bush signed legislation Wednesday that reduces federal spending by $40 billion over five years. Among other things, the law included [...]

WASHINGTON -- Banking industry officials who have pushed for deposit insurance reform for five-plus years might want to keep that champagne on ice until after the New Year. A procedural [...]

The House passed a bill last week to remove the cap on the number of reverse mortgages that the Department of Housing and Urban Development can insure. The Reverse Mortgage [...]

By the narrowest of margins, the House last week passed the funding bill that includes $636.8 million for Community Services Block Grants--the hard-fought level funding from last year's budget. The [...]

WASHINGTON -- A key House lawmaker said deposit insurance reform will be enacted this year while Senate sources are far less certain. Rep. Spencer Bachus, R-Ala., announced Tuesday evening that [...]

WASHINGTON -- Scrutiny of some crucial bank hedging instruments would intensify under a bill the House is scheduled to vote on Wednesday. In an effort to crack down on the [...]

WASHINGTON -- Congressional negotiators are close to a deal on deposit insurance reform -- and it is not expected to include some key industry priorities. Gone are provisions that would [...]

The House is scheduled to vote today on legislation to extend expiring tax cuts and the government's terrorism insurance program. The tax package contains $56.1 billion of cuts, including preserved [...]

WASHINGTON -- Though the holiday season is just starting, pundits are already declaring GSE reform legislation dead for 2006 -- unless of course something else dreadful happens at Fannie Mae [...]

WASHINGTON -- Time is running short for lawmakers to iron out significant differences between Senate and House approaches to terrorism insurance, deposit insurance, student loan guarantees, and tax-cut legislation. With [...]

WASHINGTON -- The Bush administration wasted little time Wednesday in declaring a House bill to revamp the regulation of government-sponsored enterprises dead on arrival. The White House said the bill [...]

The House Rules Committee was poised late Tuesday to decide which amendments could be offered on a bill to revamp the regulation of the government-sponsored enterprises. The House is scheduled [...]

WASHINGTON -- Congress is poised to take action on several bills that address financial services issues stemming from Hurricane Katrina. Today the House is expected to easily approve the Hurricane [...]

WASHINGTON -- Despite some last-minute challenges, the House is expected to pass a bill Wednesday to reform regulation of government-sponsored enterprises. But chances of enactment this year remain very low [...]

WASHINGTON -- A group of House Republicans has proposed eliminating the White House's anti-drug media campaign and several other federal programs to pay for the damage caused by Hurricane Katrina. [...]

WASHINGTON-A House subcommittee on trade is poised to make decisions on whether to include several bills in a trade package that could have significant ramifications for the textiles industry. The [...]

Companies with defined-benefit pension plans are bracing for changes that, if passed into law, would force them to quickly shore up underfunded plans, close loopholes and increase premiums. The good [...]

WASHINGTON -- Sought by creditors since the late 1980s, debated by Congress since 1997, and derided by consumer advocates since its inception, bankruptcy reform legislation cleared its final congressional hurdle [...]

WASHINGTON -- The House is scheduled to vote today on legislation to overhaul the nation's bankruptcy laws. The vote is the final stop on Capitol Hill for the measure the [...]

Amendments the House has approved to a wide-ranging funding bill would boost outlays to fight money laundering and let banks keep accepting Mexican matricula consular cards for identification. A rule [...]

ACTION ON LEGISLATION Banks in Real Estate S 98, HR 111, HR 5025 On Tuesday the Senate Appropriations Committee approved the Treasury Department spending bill, which contains a provision to [...]

The Community Service Block Grant would be cut by $14 million--substantially less than the $147 million cut that President Bush sought--under a fiscal 2005 funding bill approved last week by [...]

A House vote Wednesday to add $79.1 million to the Small Business Administration's budget was a blow to the Bush administration and the agency's top executive, Hector V. Barreto. Mr. [...]

NO CAPS, PLEASE. On June 24, the House rejected a measure (H.R. 3973) that would have imposed 'pay-as-you-go' rules on Washington's discretionary spending. In other words, additional funding for certain [...]

US Congressional efforts to reform an export tax break opposed by Europe and ruled illegal by the World Trade Organisation (WTO) have hit a hurdle with the introduction of competing [...]

Proponents of a Senate resolution to overturn the Federal Communications Commission's media ownership deregulation were threatening to force a vote in the House of Representatives on the issue last week-if [...]

The 400-21 vote by the U.S. House of Representatives last week to approve appropriations legislation that would roll back the national TV station ownership cap to 35 percent has added [...]

The House approved legislation Tuesday that would let banks offer interest-bearing corporate checking accounts as early as 2005. The bill, which passed in a voice vote, also would allow banks [...]

After a close vote in the House of Representatives, President George Bush looks set this week to win from Congress the trade promotion authority that eluded his predecessor. This is [...]

WASHINGTON -- A trade bill with provisions for dropping duties on apparel from Andean countries nudged a bit closer to completion Wednesday, with the House deciding by a one-vote margin [...]

* House tax committee members endorsed a $1.3 million bailout of Idaho's mining industry, despite the state's budget crisis. Several members of the House Revenue and Taxation Committee says the [...]

House leaders are trying to nudge forward legislation that seeks to prevent systemic financial crises by allowing creditors to 'net out' their derivatives losses with major counterparties that have filed [...]

The House voted 227 to 193 Thursday to approve a Republican-backed terrorism insurance bill and attach to it a contentious measure barring terrorism victims from seeking punitive damages against insurers [...]

WASHINGTON, D.C. -- A panel of financial industry economists gave poor reviews to the economic stimulus package passed by the House. 'It actually, doesn't have much stimulus to it,' said [...]

A panel of financial industry economists gave poor reviews to the economic stimulus package passed by the House. Richard Berner, senior U.S. economist for Morgan Stanley, and Diane Swonk, chief [...]

A panel of financial industry economists gave poor reviews to the economic stimulus package passed by the House. 'It actually doesn't have much stimulus to it,' says Richard Berner, senior [...]

The House version of the economic stimulus package includes tax incentives for small businesses to invest in new equipment at a time when capital spending plans are at their lowest [...]

The House Version of the economic stimulus package includes tax incentives for small businesses to invest in new equipment at a time when capital spending plans are at their lowest [...]

The House version of the economic stimulus package includes tax incentives for small businesses to invest in new equipment at a time when capital spending plans are at their lowest [...]

House version offers tax breaks for capital costs The House version of the economic stimulus package includes tax incentives for small businesses to invest in new equipment at a time [...]

The House Education and Workforce Committee approved legislation that would encourage employers to offer investment advice to their employees. Current law discourages employers from offering this benefit because they can [...]

* The FDA's Office of Generic Drugs (OGD) would see a budget increase of $4.25 million and the agency's antimicrobial resistance activities would gain $2 million next year under a [...]

Bipartisan legislation that would allow large class-action lawsuits to be heard in federal, rather than state courts was introduced last week in the U.S. House of Representatives with strong support [...]