CONGRESS

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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."

Congress Reaches Payroll Tax Cut Extension Deal

US Capitol
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.
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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.
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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.
Gabrielle Giffords at State of the Union

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

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.
Obama During 2012 State Of the Union Address

State of the Union: Obama Takes Aim at Congress

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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Congress puts brakes on anti-piracy bills

Lawmakers stopped anti-piracy legislation in its tracks on Friday, delivering a stunning win for Internet companies that staged an unprecedented online protest this week to kill the previously fast-moving bills.
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Congress puts anti-piracy bills on ice

Lawmakers on Friday indefinitely postponed anti-piracy legislation that pits Hollywood against Silicon Valley, two days after major Internet companies staged an online protest by blacking out parts of prominent websites.

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