Richard Shelby News

Senator Christopher Dodd chairman of the Senate Banking Committee, is ready to push through a controversial financial regulation reform bill with or without Republican support, senior aides said, just days before the House of Representatives votes on its own reform legislation.

IS BERNANKEa s CONFIRMATION AT RISK? Naked Capitalism : Is Bloomberg Engaging in Bernanke Boosterism ? There is a curious disparity in the reports on Bernankea s odds of reconfirmation as Fed chairman.

Close December 1, 2009, 5:20 PM ET By WSJ Staff Three Republican members of the Senate Banking Committee and several Democrats say they are inclined to support Federal Reserve Chairman Ben Bernanke for a second term at the helm of the central bank.

Thursday, December 03, 2009 at 9:29 a.m. Read more: National , Economy , Politics , Politico , Politics , Federal Reserve , Federal Reserve Chairman Ben Bernanke , Financial Crisis , Nomination , Senate Hearings Federal Reserve Chairman Ben Bernanke defended his leadership of the central bank and the actions it has taken to battle the financial ...

Updated at 11:40 a.m . WASHINGTON -- Making a case for a second term as head of the Federal Reserve, Ben Bernanke said Thursday that he has the tools and the political backbone necessary to reel in massive economic support once the recovery is firmly rooted.

The possibility that the Northrop Grumman Corp. will not bid on a $35 billion contract for Air Force air refueling tankers could prove to be a huge blow to Alabama's economy.

An Army howitzer blasts at the enemy in Afghanistan in this Pentagon file photo.

By now, if you haven't heard - Alabama gubernatorial candidate Rep. Artur Davis took some fire two weeks ago from race provocateur and founder and president of the Rainbow/PUSH Coalition, the Rev.

A group of senators wants the United States to oppose any new international loans to Antigua until the island nation compensates victims of the fraud allegedly run by R. Allen Stanford, whose bank was located there.

Today marks a very important milestone for the Hyundai Motors plant in Montgomery.

Gulf Coast officials are working together to land a federal contract to build nearly 200 refueling tankers for the Air Force, a multibillion-dollar deal that could create tens of thousands of jobs and jump-start an effort to create an aviation and space business corridor in the Southeast.

Nov. 20, 2009 - Sen. Richard Shelby, R-Ala., yesterday rejected the idea of creating a Consumer Financial Protection Agency and said financial institutions' prudential regulators should retain oversight of consumer compliance.

Jesse Jackson, shown in a 2008 file photo, has issued new statement saying he admires U.S. Rep.

Home : Features : News : Senator Richard Shelby Slams Senate's Financial Legislation Senator Richard Shelby Slams Senate's Financial Legislation 19-Nov-2009 Written by: TheCelebrityCafe.com Staff The highest ranking Republican in the Senate Banking Committee unveiled his opinion of the financial overhaul that was introduced by Senate Democrats It ...

The full House of Representatives will likely pass Rep. Paul Kanjorski 's "Too Big to Fail" amendment, which allows regulators to break up big, complex, dangerous banks and other companies so they won't have to be bailed out.

U.S. Treasury Secretary Timothy Geithner defended on Thursday the costly bailout of American International Group Inc.

The U.S. Army Corps of Engineers is preparing to tighten the spigot at the Atlanta region's main source of drinking water based on a federal judge's stinging ruling in the tri-state water dispute.

Sen. Jeff Sessions, who criticized Democratic filibusters of Republican judicial nominees, on Monday said he will try to block the confirmation of President Barack Oba ma's pick for an appellate court in the Midwest.

Prefer Main Street to Wall Street? Then listen to Paul Volcker. The Oct. 21 New York Times reported that Volcker supports bringing back the Glass-Steagall Act.

U.S. Senator Richard Shelby today announced that the application period for the fiscal year 2009 Staffing for Adequate Fire and Emergency Response Grant Program will open on Monday, November 16, 2009, and will close on Friday, December 18, 2009.