November 7, 2012 |
WASHINGTON - Democrats retained a narrow majority in the Senate on Tuesday, but Republicans kept their grip on the House, delivering another divided, and highly polarized, Congress. The balance of power was likely to shift by no more than a seat or two, if at all. Neither record-low job approval ratings nor an avalanche of campaign spending appeared able to shake the dynamic that made the last Congress the most partisan since the Civil War. "That's the sort of sad state of affairs: You're not going to have much change in Congress," said Keith Poole, a political science professor at the University of Georgia, who has researched decades of congressional voting patterns.
November 6, 2012 |
WASHINGTON - Democratic Sen. Sherrod Brown was reelected despite a late narrowing in the polls in Ohio, among the foremost battlegrounds in the presidential election. Brown, one of the more liberal members of the Senate, fended off a challenge from Josh Mandel, the state treasurer, in one of the nation's pricier Senate races. The race was called Tuesday for Brown by NBC News and the Associated Press. Mandel's efforts to cut the state's budget as treasurer appealed to some voters, but Democrats targeted him as inexperienced despite his swift climb in state politics.
September 17, 2013 |
WASHINGTON - Just before the financial crisis hit, Wells Fargo & Co. had $609 billion in assets. Now it has $1.4 trillion. Bank of America Corp. had $1.7 trillion in assets. That's up to $2.1 trillion. And the assets of JPMorgan Chase & Co., the nation's biggest bank, have ballooned to $2.4 trillion from $1.8 trillion. Ending the problem of so-called too-big-to-fail firms was a rallying cry for politicians and regulators after the unprecedented bailouts in fall 2008. The issue was the major impetus for enacting the sweeping Dodd-Frank regulatory overhaul two years later.
October 25, 2005 |
Paul Hackett, a Democratic veteran of the Iraq war who narrowly lost a special election in a heavily Republican congressional district in August, made his official entry into a U.S. Senate race. He faces a tough Democratic primary with Rep. Sherrod Brown in the race for the nomination to challenge second-term Republican incumbent Mike DeWine next year. Hackett, a Marine reservist, was defeated in the congressional race by Jean Schmidt, a former GOP state legislator.
May 5, 2007 |
Five U.S. senators asked the Federal Trade Commission to investigate what they claimed were R.J. Reynolds Tobacco Co.'s attempts to appeal to teenage girls with ads for its sleekly packaged Camel No. 9 cigarettes. R.J. Reynolds says the cigarettes are aimed at adults. Democratic Sens. Frank R. Lautenberg of New Jersey, Tom Harkin of Iowa, Sherrod Brown of Ohio, Edward M. Kennedy of Massachusetts and Richard J. Durbin of Illinois said the cigarettes "appeal to teenage girls' desire to be 'chic.'
November 22, 2013 |
WASHINGTON - After pushing through one of the most significant rule changes in Senate history, Majority Leader Harry Reid struck a solemn tone: "This is not a time for celebration. " But behind closed doors in a room off the Senate floor, some of the newer Democratic senators couldn't help themselves, gathering for a quick party to congratulate one another. They were the ones largely responsible for pushing the veteran Nevada lawmaker to pull the trigger on ending filibusters against most presidential nominations.