HHS Sec Wants to Slow Gov't Role
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The Bush administration's health agenda this year will consist largely of fending off Democratic lawmakers until a new president and Congress take charge
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Congress has balked at consolidating committee jurisdictions when it comes to overseeing the $39 billion Department of Homeland Security and its constituent agencies, a key recommendation of the panel.
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The US Congress asked the Securities and Exchange Commission on Saturday to send lawmakers a report justifying a new rule forcing mutual fund boards to have independent chairmen.
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Lawmakers accused federal regulators yesterday of moving too slowly to implement rules to help consumers fix errors on their credit reports.
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Federal regulators proposed a plan on Tuesday to strengthen governance at stock exchanges and move them toward separating their self-policing functions from business operations to ensure that they serve investors&#39; interests.
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Senators on Tuesday pressed Health and Human Services nominee Mike Leavitt for a permanent commissioner for the Food and Drug Administration, which has been without one for nearly a year amid rising concerns about the safety of drugs on the market.
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The body that decides who will set accounting rules in the United States plans on Tuesday to propose changes aimed at enabling the Financial Accounting Standards Board to act faster.
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Hedge funds are notoriously reticent in part because the government requires them to be. But some of them want to speak up.
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Federal Reserve Chairman Alan Greenspan urged Congress on Wednesday to take a go-slow approach in setting up the private Social Security accounts favored by President Bush. The president said he wasn't ruling out taxing high-income workers more to help the retirement program.
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Federal regulators proposed Tuesday to loosen the &quot;quiet period&quot; rule, a Depression-era regulation meant to prevent companies poised to sell stock or bonds to the public from promoting the securities.
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WASHINGTON -- Federal securities regulators are moving to ease some financial-control rules for thousands of smaller public companies at the same time they look to stiffen requirements for individuals to invest in fast-growing hedge funds.
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Despite real threats and little sense of urgency by many company executives, now is not the time for the U.S. government to mandate cybersecurity standards to private industry, a panel of of government officials said.
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Three federal lawmakers yesterday called on the new administrator of the General Services Administration to halt her plan to replace government auditors in the agency's inspector general's office with private auditors, saying in a letter that the change  could lead to less oversight of contractors.
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Members of a House panel and congressional investigators say the departments of Defense and Veterans Affairs have been slow to fix the bureaucracy and help injured veterans.
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A compromise emerged this summer, but now House leaders seek to limit DHS authority to regulate such security.
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The US Food and Drug Administration yesterday sought to distance itself from remarks by one of its top safety officials that raised concerns about key drugs made by Astrazeneca and Glaxo Smithkline.
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All's still not well in the higher echelons of Hewlett-PackardÂ as revealed in a filing the company made to the U.S. Securities & Exchange Commission (SEC).