Word: nancye
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Reid and House Speaker Nancy Pelosi have long wanted to see the money come from the $700 billion bank bailout fund, known as the Troubled Asset Relief Program, or TARP, and have argued against taking money from the modernization fund. Pelosi relented only after Friday's job report - the worst...
All that might be written off as small lapses or even just sloppiness. But any snickering stopped last week, when the New York Times reported that Rangel had been "instrumental" in preserving a lucrative tax loophole that benefited an oil-drilling company whose chief executive had pledged $1 million to...
According to Nancy G. Walser, who was a member of the committee at the time, the idea went “nowhere so fast that there was no vote, no extended discussion, no hearing.” She said that the majority of the committee did not appear to be...
Sympathetic Democrats like Charles Schumer of New York suggested that the most realistic solution would be to appropriate just enough money to keep the companies alive until early next year, when a new Congress and Administration can tackle the complicated issue in a more comprehensive fashion. But even if a...
House Speaker Nancy Pelosi and Senate majority leader Harry Reid said two weeks ago that if the banking committees in both chambers approve the Big Three's recovery plans, they would consider reconvening the full Congress for a vote. But hashing out terms of what would amount to an unofficial...