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Slaughter supports ban on insider trading (access required)

By Daily Record Staff
POSTED: January 26, 2012
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Rep. Louise Slaughter of Fairport heard some good news from President Barack Obama in his State of the Union address Tuesday.
“I was delighted to hear the president’s enthusiasm to sign legislation that ends insider trading in Congress and finally reigns in the political intelligence industry that’s been lurking in the shadows of the halls of [...]

Reid postpones vote on anti-piracy bill

By The Associated Press
POSTED: January 23, 2012
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WASHINGTON — Facing a storm of protest over online piracy legislation, Senate and House leaders said Friday they will put off further action on the measure.
Senate Majority Leader Harry Reid, D-Nev., said he was postponing a test vote set for Tuesday “in light of recent events.” Those events included a petition drive by Google that [...]

Seneca president supports House bill on land rights (access required)

By Daily Record Staff
POSTED: December 22, 2011
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Seneca Nation President Robert Odawi Porter is endorsing the American Indian Empowerment Act of 2011, a bill in Congress designed to empower Indian nations and tribes to accept restricted fee tribal lands.
The House bill, H.R. 3532, was introduced Nov. 30 by Rep. Don Young, R-Alaska, and Rep. Dan Boren, D-Oklahoma, and referred to the Committee [...]

Poll: Most Americans want payroll tax extension

By The Associated Press
POSTED: December 15, 2011
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WASHINGTON — Most Americans want Congress to vote to continue the payroll tax reduction, according to a new Associated Press-GfK poll that comes as Democrats and Republicans wrestle over whether to extend the cut through 2012.
It’s the latest instance in which lawmakers on Capitol Hill have allowed partisan sniping to hold up action that polls [...]

Slaughter: Congressional insider trading must stop (access required)

By Daily Record Staff
POSTED: December 6, 2011
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Rep. Louise Slaughter of Fairport, in testimony Tuesday, said insider trading in Congress must be stopped in its tracks.
Slaughter, ranking member of the House Rules Committee, testified before the House Financial Services Committee and praised it for agreeing to markup important legislation on the subject.
She said The Stop Trading on Congressional Knowledge Act, or STOCK [...]

Debt panel’s demise sets up partisan wrangling

By The Associated Press
POSTED: November 23, 2011
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WASHINGTON — The failure of a special deficit-reduction supercommittee sets up a year-end battle between President Barack Obama and a dysfunctional Congress over renewing a payroll tax cut and jobless benefits for millions.
At the same time, the debt panel’s failure triggers deep, automatic cuts to the Pentagon budget, beginning in 2013, that defense hawks already [...]

Spending cuts pose new threat to U.S. economy

By Daniel Wagner
POSTED: November 18, 2011
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WASHINGTON, D.C. — Just as the U.S. economy is making progress despite Europe’s turmoil, here come two new threats.
A congressional panel is supposed to agree by Thanksgiving on a deficit-reduction package of at least $1.2 trillion. If it fails, federal spending would automatically be cut by that amount starting in 2013. Congress may also let [...]

Stalemated debt-reduction panel members cast blame

By The Associated Press
POSTED: November 17, 2011
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WASHINGTON — Increasingly gripped by stalemate, Republicans and Democrats on a congressional deficit-reduction supercommittee now seem to be devoting more time to assigning blame than working through the sharp differences that divide them.
Despite small steps in recent weeks toward addressing core solutions to the nation’s intractable deficit problem, such as new taxes and curbs on [...]

Congress nears OK of bill for vets, contractors

By The Associated Press
POSTED: November 16, 2011
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WASHINGTON — Congressional Democrats and Republicans rallied on a rare patch of common ground Wednesday, moving toward passage of legislation helping unemployed veterans and government contractors.
The GOP-run House was expected to give the measure near unanimous approval, less than a week after the Democratic-led Senate passed it 95-0. It would represent the first tiny shred [...]

Congressional leaders ask FAA to change rules (access required)

By Daily Record Staff
POSTED: November 16, 2011
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Western New York representatives are asking the FAA to implement recommendations in a government report citing problems with oversight of pilot training.
In the “Initial Pilot Training; Better Management Controls are Needed to Improve FAA Oversight” report, released this week, the Government Accountability Office finds the FAA may not have conducted mandatory inspections of pilot schools [...]

Congress moves to end Fannie, Freddie bonuses

By The Associated Press
POSTED: November 15, 2011
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WASHINGTON — Congress is seeking to end the practice of paying million-dollar bonuses to executives at government-controlled mortgage giants Fannie Mae and Freddie Mac.
The House Financial Services Committee approved legislation Tuesday that would suspend $12.8 million in Fannie and Freddie executive compensation packages and stop future bonuses. The vote was 52-4, with strong support from [...]

Chief Justice Roberts invokes Hendrix

By The Associated Press
POSTED: October 6, 2011
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WASHINGTON — Justice Ruth Bader Ginsburg invoked Aaron Copland. The chief justice countered with Jimi Hendrix. The high court’s generational divide was on display Wednesday as the justices heard arguments about whether Congress acted properly in extending U.S. copyright protection to millions of works …

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