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A bitter defeat for Nancy Pelosi

A bitter defeat for Nancy Pelosi

Nancy Pelosi, the first woman to serve as US speaker of the House, appeared out of a job after a short but productive four years in office as Republicans retook the chamber she ran with gusto. Pelosi, 70, won the distinction of being the highest woman ever elected to office in the United States. But […]

In Washington, it will be Obama vs. Boehner

In Washington, it will be Obama vs. Boehner

This is a two-person, two-party town now. And President Barack Obama, a Democrat, and incoming House Speaker John Boehner, a Republican, need each other — as both partners and foils while they push their own legislative agendas and lay the groundwork for the 2012 elections. The unlikely duo must find areas of compromise to get […]

Tea Party scores big wins in key races

Tea Party scores big wins in key races

Voters embraced the tea party’s conservative throw-the-bums-out anthem in key races across the country, with the movement’s favored candidates taking more than a dozen House seats held by Democrats, three Senate races and the South Carolina governorship. The movement commanded widespread victories but did not make a complete sweep, with the most prominent losses coming […]

Stalemate seen in Congress on banking and housing

WASHINGTON (Reuters) – Republicans grabbed the steering wheel of the U.S. House of Representatives on Tuesday, but weren’t expected to get out of the driveway when it comes to restraining Wall Street reforms and fixing housing finance. Read the full story from Reuters

Harry Reid hangs on to win in Nevada

Harry Reid hangs on to win in Nevada

Senate Democratic Majority Leader Harry Reid won re-election in Nevada against Republican Sharron Angle in a tight race, Fox News projected on Wednesday, a blow to Republicans who had hoped to oust him. Republicans had targeted Reid and poured millions of dollars into Angle’s campaign, which was also backed by the conservative Tea Party group. […]