Pentagon reduces furlough days for civilian workers

Aug 8, 2013
It's good news for the approximately 640,000 furloughed Department of Defense employees that there will be only six furlough days instead of 11. But it's still a hardship for many of them.
Posted In: sequester, furloughs, Congress, Pentagon

The two most important surveillance stories this week

Aug 1, 2013
Newly revealed documents suggest deeper and more widespread NSA surveillance of emails and chat messages. And Oakland, California approves a plan for a new local surveillance center.
Posted In: NSA leaks, nsa, surveillance, Congress

NSA surveillance survives House vote

Jul 25, 2013
The House narrowly defeated an amendment that would have ended funding for mass collection of phone records and other data by the NSA.
Posted In: nsa, NSA leaks, Edward Snowden, surveillance, big data, Congress

Congress takes up NSA's data mining allowance

Jul 24, 2013
The House of Representatives votes on an amendment to take away money from the NSA today. It's part of the $500 billion defense spending bill and it's got the tech industry up in arms.
Posted In: nsa, data mining, big data, Congress

Congress probes bank commodities, warehouse investments

Jul 23, 2013
The Senate Banking Committee is holding a hearing today on bank investments in things like warehouses and oil refineries, and commodities such as metals and oil.
Posted In: banking, Congress, regulation, Goldman Sachs

Ben Bernanke's swan song

Jul 15, 2013
Fed chair Ben Bernanke heads to Capitol Hill for his last semi-annual two-day testimony. He may face tough questions, reflecting perceived politicization of his role in the absence of coordination between Congress and the White House.
Posted In: Fed, Bernanke, Congress, Obama congress, Federal Reserve

Do-nothing Congress: What does it cost us?

Jul 12, 2013
Congress returns from its Independence Day recess and fails to reach any compromise on the farm bill, student loans and immigration.
Posted In: Congress, US Congress, Obama congress

Should companies be forced to rotate auditors?

Jul 9, 2013
The House of Representatives has voted to ban a proposed requirement that would force companies to rotate auditors every few years.
Posted In: accounting, audit, Congress

Food stamps may be cut from new farm bill

Jul 8, 2013
In an effort to get it passed, some in Congress want to split the food-stamps part of the bill from the farm subsidy part.
Posted In: farm bill, Congress, food stamps, Agriculture

What happens when a billionaire faces Congressional confirmation?

May 20, 2013
Commerce Secretary nominee and Hyatt heiress Penny Pritzker will have to shift her billions to avoid conflicts of interest, and prepare for questions about the family business.
Posted In: Commerce Department, Obama, Congress