News

GOP Senator Off The Hook After $96,000 Paid To Mistress

WASHINGTON — The Federal Election Commission has dismissed a complaint against Sen. John Ensign over a $96,000 payment his parents made to his former mistress and her family. Citizens for Responsibility and Ethics in Washington, a campaign finance watchdog group, announced Friday that the commission had dismissed its complaint against Ensign, his parents, his campaign […]

Smokescreen: Ban on pork is anything but

Smokescreen: Ban on pork is anything but

Despite their claims, the Republicans’ ban on earmarks won’t stop lawmakers from steering taxpayers’ dollars to pet projects. And it will have little if any effect on Washington’s far graver problem — the gigantic budget deficit. Saying Election Day victories gave them a mandate to curb spending, Republicans formally agreed last week to a two-year […]

Report: U.S. Preparing Sweeping Insider-Trading Charges

Federal authorities, capping a three-year investigation, are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders and analysts across the nation, according to people familiar with the matter. The criminal and civil probes, which authorities say could eclipse the impact on the financial industry of any previous such investigation, are examining […]