NEW YORK (Reuters) - The central figure in a New York public pension corruption case will be tried on some of the most serious charges brought against him by the attorney general, including felonies, a judge ruled on Thursday. Henry Morris, the former state comptroller's top political aide, was charged ...More
WASHINGTON (Reuters) - The Senate plans to hold a procedural vote next Wednesday to test whether there is enough support to pass legislation clamping down on offshore oil drilling procedures and expanding alternative energy, a Democratic aide said on Thursday. If Democrats cannot get the necessary 60 out of 100 votes ...More
WASHINGTON (Reuters) - Federal Reserve officials clashed on Thursday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current policy may be contributing to worryingly low levels of inflation. The Fed's promise to hold benchmark interest rates exceptionally low ...More
WASHINGTON (Reuters) - The Senate Intelligence Committee on Thursday unanimously approved James Clapper to be President Barack Obama's intelligence chief, sending the nomination to the full Senate. Clapper, whose nomination had been held up for weeks as some lawmakers questioned whether he had the right background for the job, would ...More
WASHINGTON (Reuters) -Senate Republicans voiced objections on Thursday to the new START nuclear arms treaty with Russia, raising concerns that could delay efforts to hand President Barack Obama a foreign policy victory ahead of the November elections. At a Senate Armed Services Committee hearing, Republicans said the accord could impede ...More
WASHINGTON (Reuters) - Treasury Under Secretary Lael Brainard met top Haitian leaders on Thursday to discuss the upcoming deployment of a technical assistance team to tighten financial management in Haiti. During a visit to Haiti to discuss reconstruction efforts, Brainard said the Treasury team will help Haiti toughen tax collection, improve ...More
WASHINGTON (Reuters) - Senior U.S. officials said on Thursday they will travel to China in August to push Beijing to abide by international sanctions on Iran. Chinese companies have been pursuing trade with Iran despite the threat of U.S. sanctions and a June United Nations Security Council resolution imposing ...More
WASHINGTON (Reuters) - The unprecedented leak of secret U.S. military reports this week about the war in Afghanistan could have severe consequences for U.S. troops and their allies, and could cost people their lives, Defense Secretary Robert Gates said on Thursday. In response to the national security breach, the ...More
