News about congress

Oil prices mixed as Obama seeks to delay Syria vote

Oil prices were mixed in Asian trade Wednesday, following big falls in New York and after US President Barack Obama asked Congress to delay a vote on US military action in Syria, analysts.
12 September 2013 11:44

IRS chief insists abuses were not political

The outgoing head of the IRS told Congress Friday that the US tax agency made "foolish mistakes" in targeting conservative groups, but insisted the action was not politically motivated.
18 May 2013 14:32

US leaders urge Congress to ratify IMF reforms

Nineteen US leaders, including former Treasury secretaries, urged Congress Tuesday to ratify International Monetary Fund (IMF) reforms and remove the key obstacle to its implementation.
07 March 2013 11:10

Obama's emotional gun control push at heart of speech

President Barack Obama brought the wounds inflicted by the recent spate of shooting deaths to Congress Tuesday, ending his State of the Union address with an emotional plea for tougher gun control.
13 February 2013 15:29

US lawmakers introduce gun trafficking bill

Lawmakers from both parties unveiled a bill Tuesday cracking down on "straw purchasers" who traffic firearms to criminals, the first in a series of new gun control measures expected in Congress.
06 February 2013 17:07

US House Republicans back 3-month debt limit rise

Republicans proposed a three-month increase to the US debt ceiling Friday as they mulled breaking a protracted fiscal impasse, but warned any long-term deal would require Congress to pass a budget that cuts spending.
19 January 2013 14:53

Bernanke urges Congress to lift debt ceiling

US Federal Reserve Chairman Ben Bernanke on Monday urged Congress to raise the nation's borrowing limit as Democrats and Republicans battle over the federal budget.
15 January 2013 17:29

US fiscal cliff deal boosts world markets

World markets soared Wednesday after a tense New Year break, relieved after US lawmakers agreed a last-minute deal to avert massive tax hikes and pull their nation back from the fiscal cliff.
03 January 2013 16:40

Obama says fiscal cliff deal made tax system fairer

President Barack Obama said Tuesday he had fulfilled a campaign promise to make the US tax system fairer with a deal to avert the fiscal cliff crisis that passed after a fierce duel in Congress.
02 January 2013 18:37

Obama, Boehner meet in fiscal cliff talks

President Barack Obama and Republican House Speaker John Boehner held surprise talks Thursday, as time ran short for hopes of a pre-Christmas deal to solve a fiscal crisis that could cause a recession.
14 December 2012 15:17

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