CONGRESS

Gabrielle Giffords Resigns from Congress: I Will Recover and Will Return

Gabrielle Giffords at State of the Union
Rep. Gabrielle Giffords officially resigned from the House of Representatives on Wednesday in an emotional goodbye for the three term congresswoman serving Arizona's 8th congressional district. She returned to the House floor one last time as her colleagues unanimously approved her bipartisan border security legislation as she stepped down from office.

State of the Union: Obama Takes Aim at Congress

Obama During 2012 State Of the Union Address
With Congressional approval ratings mired at historic lows, Obama has increasingly sought to bolster his re-election chances by criticizing Congress as ineffective and paralyzed by runaway partisanship. He invoked that theme in the State of the Union address.
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Rep. Gabrielle Giffords to Resign From Congress (VIDEO, STATEMENT)

Arizona Rep. Gabrielle Giffords will resign from Congress this week, she announced on Sunday. Giffords, a Democrat, has made a remarkable recovery after being shot in the head but she said in a video released today (see below) that she needs to focus on her rehabilitation.
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ANC supporters dance during the ANC's centenary celebration in Bloemfontein

Mandela's African National Congress Celebrates 100 Years

In a stadium packed with tens of thousands of dancing revelers, South Africa's ruling party, the African National Congress, celebrated its 100th anniversary Sunday, amid accusations that it has not delivered on its promises since taking power in 1994, namely resolving outstanding issues with poverty and unemployment.
A woman leaves the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan

Congress Presses Rating Agencies on MF Global

Congressional investigators have launched an inquiry into the work of credit rating firms that examined MF Global Holdings Ltd's risky bets on European government bonds and whether they overlooked crucial information in their evaluations.
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US Congress presses rating agencies on MF Global: report

Congressional investigators have stepped up their inquiry into the work of credit rating firms that examined MF Global's overly risky bets on European government bonds and whether they overlooked crucial information in their evaluations, the Wall Street Journal reported, citing people familiar with the matter.
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Ten Surprises for 2012: Blackstone

Byron Wien, vice chairman at Blackstone Advisory Partners issued his list of surprises for 2012 on Wednesday. The tradition of giving his views on a series of economic, financial market and political surprises for the coming year started in 1986.
The U.S. Capitol dome and U.S. Senate in Washington

Government Shutdown Averted, Congress Focuses on Payroll Tax Cut

After Congressional negotiators signed off Thursday night on a $1 trillion omnibus spending bill that would avert a shutdown and fund the federal government through September, lawmakers' focus returned to the ongoing negotiations over the extension of the payroll tax cut.
U.S. Congress

NDAA Bill: How Did Your Congress Member Vote?

The U.S. House of Representatives approved the National Defense Authorization Act (NDAA) on Wednesday evening by a vote of 283 to 136, with 14 members not voting. Find out how your Representative voted on the controversial bill.
U.S. Congress

A New Yorker's Opinion: Pew Poll's Anti-Incumbent, Occupy Wall Street Message

Two-in-three voters say most members of Congress should be voted out of office in 2012--the highest on record. And the number who say their own member should be replaced matches the all-time high recorded in 2010, when fully 58 members of Congress lost reelection bids-- the most in any election since 1948, the Center states in the Poll's overview.
U.S. Congress

A New Yorker's Opinion: Pew Poll's Anti-Incumbent, Occupy Wall Street Message

Two-in-three voters say most members of Congress should be voted out of office in 2012--the highest on record. And the number who say their own member should be replaced matches the all-time high recorded in 2010, when fully 58 members of Congress lost reelection bids-- the most in any election since 1948, the Center states in the Poll's overview.
Undated image taken from a video recording provided by the Pakistan Taliban

Congress Panel Freezes $700M for Pakistan as Distrust Grows

A crisis in U.S.-Pakistan relations looked set to deepen Monday night after a House-Senate negotiating panel froze $700 million in aid until Pakistan gives assurances it is helping fight the spread of improvised explosive devices in the region.

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