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 […]

Senate approves compensation for black farmers

WASHINGTON (Reuters) – The Senate unanimously approved a bill on Friday funding $1.15 billion in compensation to black farmers in a decades-old bias lawsuit that is one of the largest civil rights settlements in U.S. history. Read the full story