Senate

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Despite the end of the impeachment saga and the ongoing race to the national election in November, some bipartisan legislation is gaining...

A $287 billion proposal reauthorizing funding to maintain and repair the country's roads and bridges includes a first-ever title addressing carbon emissions and supporting electric vehicle infrastructure. The legislation, a five-year reauthorization of the Fixing America's Surface Transportation (...

Facebook, Inc. (NASDAQ: FB) CEO Mark Zuckerberg’s Congressional hearing drove a 3.6-percent rally in the suffering stock over the last two sessions. But that 10-hour interrogation and anything revealed or resolved in the process had fewer near-term implications for Facebook than a...

On Thursday, director of the Federal Housing Finance Agency Mel Watt reportedly testified in front of the Senate Banking Committee calling for Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Association (OTC: FMCC) to begin retaining their earnings rather than...

Somewhere beyond the cacophony over President Donald Trump’s firing of FBI Director James Comey is a steady, behind-the-scenes hum about healthcare, which won’t stay yesterday’s news for very long. Analysts at Height Securities, LLC say the U.S. Senate has to deal with healthcare...

President Donald Trump has found able allies among the corporate sector for his Border Adjustment Tax. Some blue chip corporations, thriving primarily on domestic business and exports, have banded themselves under the "American Made Coalition" and written to Congress to accelerate the...

While the global affinity toward BlackBerry Ltd (NASDAQ: BBRY) devices dwindled in favor of Android or iPhone devices probably half a dozen years ago, the U.S. Senate has been a tad behind the times. However, things are finally changing on the heels of news that BlackBerry will discontinue...

The U.S. Senate on Monday failed to reach an understanding on gun sales and rejected four measures that would have restricted the sale of guns. Gun violence has been a hot topic in recent memory and intensified over the past week after a shooter pledged allegiance to the terrorist group ISIS and...

The bill H.R. 5771 has yet to receive President Obama's signature, but the news of extended tax breaks for 2014 is cause for a sigh of celebration and lots of preparation. Congress on Tuesday voted to extend a handful of tax breaks that have met their expiration date through the end of 2014...

Charles Edwards, the Acting Inspector General of the Department of Homeland Security (DHS), was worse than a silent, toothless watchdog, according to a report released Thursday by the Senate Subcommittee on Financial and Contracting Oversight. Perhaps most importantly, the investigation found...

With the Senate's recent approval of the House-passed clean debt limit legislation, now might be a good time to define the debt ceiling (aka “debt limit”). The U.S. Treasury defines the debt limit as “the total amount of money that the United States government is authorized to borrow to meet...

Michigan Senator Debbie Stabenow, author of the new farm bill and Chairwoman of the Senate Committee on Agriculture, Nutrition, and Forestry, tweeted this Tuesday: This is not your father's #FarmBill http://t.co/sjZMmEY8GI — Sen. Debbie Stabenow (@StabenowPress) February 4, 2014...

Major indices barely budged Thursday following yesterday's monster rally after the Fed announced it will begin tapering. Overall volume was below average which is typical in the final trading days of the year. Next week will be shortened as investors break for Christmas and a week later for new...

With the expiration Friday of $16 billion in Supplemental Nutrition Assistance Program, or SNAP, benefits first enacted in 2009, approximately 48 million Americans will see cuts in their food stamp benefits. The cuts, which average $36 a month for a family of four, will not just affect those...

According to a statement released by the U.S. Postal Service on Friday, it lost $740 million over the last three months, increasing its year-to-date net loss to $3.9 billion. Despite claiming to have taken aggressive action to contain costs and increase efficiency, including a decrease in...