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By Dave Michaels |
May 26, 2013
Kara M. Stein and Michael S. Piwowar, both senior U.S. Senate aides, were nominated by President Barack Obama to join the SEC.
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By Brian Faler, Bloomberg |
March 21, 2013
Congress gave final approval to legislation to avert a partial government shutdown in a rare example of bipartisan cooperation on federal spending.
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By Julianna Goldman and Roxana Tiron, Bloomberg |
March 1, 2013
President Barack Obama said the automatic spending cuts set to kick in today will be a “slow grind” on the economy and that it may take weeks to win over enough lawmakers from both parties to reach a deal on a replacement deficit-cutting plan.
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By Futures Staff |
February 1, 2013
In a year dominated by crises — both natural and political — squeezing our annual list of largest influencers down to 20 was difficult. One thing this year highlighted was that money and power trump all as we learned that — at least in the banking world — there are...
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January 24, 2013
Trading in options that profit if Treasury yields rise surged before the House of Representatives voted yesterday to suspend the U.S. debt limit for four months.
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By Roxana Tiron and James Rowley, Bloomberg |
January 18, 2013
House Republicans plan to vote next week on a three-month extension of U.S. borrowing authority in an effort to force the Democratic-led Senate to adopt a budget plan.
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By Susanne Walker and Neal Armstrong, Bloomberg |
January 14, 2013
Treasuries advanced for a sixth time in seven days as investors sought the safest assets on speculation a disagreement among U.S. political leaders over the nation’s debt ceiling will derail the economy.
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By Mike Dorning, Bloomberg |
January 4, 2013
Fresh from one budget fight, President Barack Obama and Congress are heading for an even bigger confrontation over raising the nation’s debt limit.
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By Mark Shenk, Bloomberg |
December 31, 2012
Oil in New York rose on optimism that negotiators will reach a last-minute U.S. budget deal that would avert more than $600 billion of tax increases and spending cuts that threaten economic growth.
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By Joseph Ciolli, Bloomberg |
December 31, 2012
The dollar fell against most of its biggest peers as Senate Majority Leader Harry Reid said he’s hopeful a last-minute U.S. deficit-reduction deal will be reached to protect all but top earners from a tax increase
