CONGRESS

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Barack Obama

Congress Extends Payroll-Tax Cut, Sends Bill to Obama

Congress passed legislation on Friday that extends a tax cut for 160 million workers through December. The new law continues long-term jobless benefits, handing President Barack Obama a major victory in a year in which his re-election is at stake.
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Nasdaq Looks to Congress to Win Market Reforms

Exchange operator Nasdaq OMX is trying to gain support for a legislative proposal that would give it a competitive edge over both rival exchanges and banks that operate anonymous trading venues known as "dark pools."
US Capitol

Congress Reaches Payroll Tax Cut Extension Deal

A payroll tax cut for 160 million Americans, set to expire at the end of this month, would be extended through December under a bipartisan deal announced early on Thursday by U.S. congressional leaders.
The U.S. Capitol Dome is lit after the first significant snowfall of the season as the House of Representatives worked late into the evening to pass the $858 billion package of renewed tax cuts and more unemployment benefits in Washington

Congress Near Deal on Payroll Tax, Unemployment Aid

U.S. lawmakers were close to a deal Tuesday on legislation that would boost the economy in the short term by extending a payroll tax cut for 160 million workers through this year and continue long-term jobless benefits, congressional aides said.
Bernanke testifies before the Senate Banking Committee

Bernanke Urges Congress to Address Bush Tax Cuts

Federal Reserve Chairman Ben Bernanke on Tuesday warned Congress that putting off a decision on the fate of expiring Bush administration tax cuts could unsettle businesses and households, undercutting the U.S. economic recovery.
Subramanian Swamy

2G Scam: Subramanian Swamy’s War against the Ruling Congress

Mobbed by cameramen and with two fingers raised in a victory salute, Subramanian Swamy stood before the Supreme Court on Thursday, flushed with the vindication of an unrelenting legal campaign aimed at the country's most powerful politicians and the Congress party.
Google

Google Defends Privacy Policy Changes to the Congress

Internet search engine giant Google has sent a 13-page letter to eight members of the House of Representatives to defend its privacy policy consolidation, after the Congress members expressed their concerns about the change.
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Netflix says Congress can help bring Facebook app to U.S.

Netflix Inc on Tuesday urged a panel of senators to support legislation that it said would allow the company's U.S. users to share information on Facebook about the TV shows and movies they are watching through Netflix's service.
Congress Supporter

Congress Hopes to Regain in Punjab and Uttarakhand

Millions of Indians went to the polls on Monday in Punjab and Uttarakhand where the country's ruling Congress party hopes to regain momentum after a year when its reputation was battered by corruption scandals and a slowing economy.
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MF Global ex-risk chief to testify before Congress

Michael Roseman, the former chief risk officer who is said to have raised red flags about aggressive trading bets at MF Global , will testify before Congress next week, according to a congressional staffer familiar with the matter.

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