Congress Nearing Compromise on Student Loan, Highway Bills, But Not There Yet

By: Wednesday June 27, 2012 11:45 am

House Speaker John Boehner assured reporters today that bipartisan deals are near on two pieces of legislation that must be passed before expiration on Saturday. The two bills, one to prevent the federal student loan interest rate from doubling, and the other to extend surface transportation funding for two years, have been tied up in Congress for months.

 

Spending Measure Slashes Funding for Derivatives Regulator, CFTC

By: Tuesday November 15, 2011 9:16 am

Negotiators for the House and Senate reached agreement on a temporary spending bill that will fund the government through December 16 and also finish off a series of appropriations bills. We now see the true impact of budget freezes and austerity measures. One of the first victims is the Commodity Futures Trading Commission, which regulates derivatives.

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