A group of five Republican and Democratic senators on the homeland security committee introduced a bill today that would require an independent health study of the X-ray body scanners used in airports nationwide.
In the next few weeks, among the most talked-about legislation will be the Stop Online Piracy Act. SOPA Opera's tally of congressional supporters and opponents is based on factors including whether they've sponsored the legislation.
Because of a regulatory Catch-22, airport X-ray scanners have escaped the oversight required for X-ray machines used in doctors’ offices and hospitals, and public health advocates say the cancer risk is real.
Widespread demonstrations in support of Occupy Wall Street have put the financial crisis back into the national spotlight lately. Here’s a quick refresher on what’s happened to some of the main players.
The revamped program offers the banks a major incentive: If they grant a homeowner a new loan, they will no longer be on the hook to buy back the previous loan, even if it was not properly underwritten, removing a large potential risk to the banks.
Whatever one thinks of the debt deal—and most of its billions in cuts won't come for a few years—there's a near-consensus in Washington against spending increases. Here's a brief overview of some key stats on where the economy stands.
There are yet more delays in implementing financial reform. The Commodity Futures Trading Commission has said it needs extra time to write a set of derivatives rules required by Dodd-Frank, and others that were scheduled to go into effect next year.
While the cash infusion may have saved jobs and averted the collapse of the American auto industry, the restructuring process left thousands of accident claimants with little to no legal recourse.
While regulators have banned the practice, some banks and others who handle mortgages have still been forcing homeowners into a corner: You want a chance at saving your home? Then you'll have to waive your rights.
State bank regulators—unable to get cooperation from the banks—warned federal regulators of problems with the banks’ foreclosure operations, and they were told to let the feds handle it.