US Senate

Former US senator Joseph Lieberman joins private equity firm Victory Park Capital

Joseph Lieberman, a former US senator from Connecticut and onetime vice-presidential candidate, will join private equity firm Victory Park Capital Advisors LLC as chairman of its executive board.

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US House passes bill to exempt private equity firms from Wall Street Reform Law

In a 254-159 vote, the US House of Representatives passed a legislation exempting private equity firms from provisions in the 2010 Dodd-Frank Wall Street Reform Law. However, a similar action is not expected from the Democrat-dominated US Senate.

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U.S Senators wants the NSA PRISM program to stop

3 U.S Senators published an op-ed in the New York Times today, questioning on why American citizens were not able to have the knowledge to challenge the infringement of their privacy rights.

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Bitcoin gains momentum in market, reaches USD700 as US Senate discusses regulation

As the value of the Bitcoin reached a landmark USD700 valuation, The US Senate committee held a hearing with experts, lobbyists and federal regulators to discuss about the potential threats, risks and benefits of virtual currency.

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Yellen to defend Fed's bond-buying program at US Senate

Although US Federal Reserve Vice Chair Janet Yellen would be getting a backlash in the Senate due to her employer's bond-buying program, Louisiana Republican David Vitter was confident Yellen would replace Fed Chairman Ben Bernanke.

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Congress and Senate passes last-minute bill to spare US from debt crisis

The legislation passed by the US Senate and Congress included fund allocations to cover fund reliefs to back payments of veteran soldiers.

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US government shutdown a day away

The US Congress had one more day left before ending the budget stalemate as risks were dramatically increased in the first US government shutdown.

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Senate Investigations Panel examines records on JPMorgan FERC probe

The US Senate investigation panel had asked energy regulators to hand over documents from an investigation with JP Morgan Chase & Co.

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Bill to separate traditional and investment banking to be reintroduced

US senators have announced a plan to reintroduce Glass-Steagall Act.

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