Elijah Cummings News

A government report critical of the Federal Reserve Bank of New York's handling of American International Group Inc.'s near-collapse has led a group of congressmen to call for an audit of the entire Federal Reserve System.

Here's an excerpt from a long article in the Washington Post : Despite pact, few blacks at Coast Guard school Eight years after the U.S. Coast Guard and the NAACP signed a voluntary agreement to work together to boost the number of African-Americans at its 1,000-cadet service academy, the annual enrollment and graduation figures for blacks remain ...

Eight years after the U.S. Coast Guard and the NAACP signed a voluntary agreement to work together to boost the number of African-Americans at its 1,000-cadet service academy, the annual enrollment and graduation figures for blacks remain in single digits.

Doctors and political leaders in Maryland hope to get to the bottom of the mammogram confusion that sent women and breast cancer specialists into a tizzy last week.

A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant Name Search Watch Service ', TITLE, 'Learn More', WIDTH, 200, SHADOW, true, STICKY, 1, CLOSEBTN, true, CLICKCLOSE, true, BGCOLOR, '#e1e1e1', BORDERCOLOR, '#7d0200', TITLEBGCOLOR, ...

Boston Herald General Economics Reporter Jay Fitzgerald has been a journalist and blogger for years.

Two top Bank of America Corp. executives gave a congressional committee conflicting versions of the bank's controversial takeover of Merrill Lynch & Co.

A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said much pressure was applied and Republicans charged that a committee inquiry was covering up the role of an Obama administration official.

Gates expands review of Fort Hood shootings Nov. 19: In the first public hearing on the Fort Hood shootings, members of the Senate Judiciary Committee Thursday asked how the long list of warning signs from Maj.

J.C. Penney will stop publishing its twice-yearly "big book" catalogs, now that customers increasingly shop online.

At a congressional hearing Tuesday probing Bank of America Corp.'s deal for Merrill Lynch & Co.

A A Nov. 19: Leading Republicans are vowing a tough fight on health care reform after Senate Democrats unveiled their $849 billion plan on Wednesday.

NOVEMBER 17: Charles "Chad" Gifford , member of the Bank of America Board of Directors, and Thomas May , member of the Bank of America Board of Directors, are sworn in during a joint hearing before the House Oversight and Government Reform Committee and its Domestic Policy Subcommittee November 17, 2009 on Capitol Hill in Washington, DC.

A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group Inc.

A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said much pressure was applied and Republicans charged that a committee inquiry was covering up the role of an Obama administration official.

The Dixon administration is expected to bring two contracts before the Board of Estimates Wednesday cementing its 2-year-old accord with CSX under which the railroad will pay roughly three-quarters of the cost of replacing two of the city's most deteriorated bridges.

Secretary of Education Arne Duncan, the Rev. Al Sharpton and former House Speaker Newt Gingrich examined operations at three Baltimore schools Friday, continuing a national tour to highlight school challenges and analyze reforms.

At least one prominent Washington politician, President Barack Obama, has carefully kept his distance this year from Sheila Dixon, the indicted mayor of Baltimore.

With the passage of the Affordable Health Care for America Act by the House of Representatives , we are one step closer to a stronger Medicare for seniors and future generations, as well as stable, affordable health care options for all Americans.

The Federal Reserve stands to gain substantial new authority under financial reform legislation, despite increasing skepticism from lawmakers in both parties over the central banka s unchecked powers over the U.S. economy.