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The Latest Breaking News from Patrick J Toomey

Veterans health accounting move a new headache for appropriators - Roll Call

Debate over how how veterans funding should be provided, specifically aid to veterans exposed to toxins, is an early fiscal 2024 flashpoint.

Roll Call

Senate confirms Gruenberg as FDIC chair, two others to join board

In two votes Monday, the Senate confirmed three members of the FDIC board and one of them, Martin Gruenberg, to become chairman.

Roll Call

New wrinkle in veterans dispute as negotiators seek omnibus deal - Roll Call

Democrats are pushing to reclassify some Veterans Affairs spending as mandatory during negotiations for a fiscal 2023 omnibus.

Roll Call

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Murphy urges security review of Saudi stake in Twitter - Roll Call

Sen. Murphy seeks a security review of a Saudi stake in Twitter, saying a foreign power could influence a government communications tool.

Roll Call

In administration campaign on 'junk fees,' CFPB targets banks - Roll Call

The administration is launching an effort to stop what President Joe Biden calls 'junk fees' in banking, travel and telecommunications.

Roll Call

Bank regulators eye climate risk scenarios, drawing GOP criticism - Roll Call

The Fed and FDIC consider how to test banks' resilience under various climate scenarios, but say they aren't stress tests.

Roll Call

Senate bill would boost alternative assets in 401(k) plans

WASHINGTON — A new bill from top Republicans on the Senate Banking Committee aims to open workplace retirement plans to a bigger range of investments, making it easier for 401(k) plans to diversify with holdings in private equity, hedge funds, real estate, cryptocurrencies and other alternative assets.

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Senate bill would boost alternative assets in 401(k) plans - Roll Call

A Republican proposal would open workplace retirement plans to a bigger range of investments, including hedge funds and cryptocurrency.

Roll Call

Banking Republicans to press Gensler on SEC climate rule, cryptocurrencies - Roll Call

Senate Banking Republicans are prepared to sharply question SEC Chairman Gary Gensler on Thursday about rules on environmental disclosure.

Roll Call

Senate Democrats say buy now, pay later products lack oversight

Senate Banking Democrats see the specter of the 2008 financial crisis in emerging products that lack protections, such as buy now, pay later.

Roll Call

Veterans toxic exposure bill clears Senate after tortuous path

WASHINGTON — More than 3.5 million veterans who were exposed to toxic substances on overseas deployments will gain easier access to health and disability benefits under a bill that cleared the Senate on Tuesday.

Tribune News Service

Veterans toxic exposure bill clears Senate after tortuous path - Roll Call

More than 3.5 million veterans will gain easier access to health and disability benefits under a bill that cleared the Senate Tuesday.

Roll Call

Pat Toomey: Democrats tried to "sneak" $400B funding into veterans' health care bill

VA Secretary Denis McDonough warned Toomey's amendment to the bill could lead to rationing care for veterans.

Axios

Veterans toxic exposure bill delayed as cloture attempt rejected

An effort to give millions of veterans easier access to health and disability benefits suffered another surprising setback Wednesday on the Senate floor when supporters couldn’t muster the 60 votes needed to limit debate.

Tribune News Service

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Roll Call

Veterans toxic exposure bill delayed as cloture attempt rejected - Roll Call

An effort to give millions of veterans easier access to health and disability benefits suffered another surprising setback Wednesday.

Tribune News Service

Senators seek to clear procedural hurdles on unfinished business

Senate leaders are looking to clear legislation that would expand veterans health and disability benefits after passing a semiconductor manufacturing incentives and science package, but getting both bipartisan priorities done next week will require cooperation from all 100 senators.

Roll Call

Senators seek to clear procedural hurdles on unfinished business - Roll Call

Senate leaders are looking to clear legislation that would expand veterans benefits after passing a semiconductor and science package.

Roll Call

Compromise veterans bill passes House, heads back to Senate - Roll Call

Servicemembers who contracted any of 23 conditions after serving in combat zones would be eligible for health care and disability benefits.

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Roll Call

Senate GOP pitches options for stalled competition bill - Roll Call

McConnell floats having House pass Senate version or moving $52 billion for semiconductor subsidies separately.

Tribune News Service

Veterans toxic exposure bill stalls as lawmakers head home

WASHINGTON — A bipartisan bill to expand veterans health care and disability benefits will not make it to President Joe Biden’s desk until after the July Fourth congressional recess because of a minor tax provision.

Roll Call

Veterans toxic exposure bill stalls as lawmakers head home - Roll Call

The measure won’t make it to President Joe Biden’s desk until after the July Fourth congressional recess because of a minor tax provision.

Tribune News Service

Analysis: Two vices Washington just can’t kick: Trump’s sway and reconciliation dreams

WASHINGTON — Vices and habits, in life and politics, can be tough to give up. This week offered examples aplenty.

Roll Call

Two vices Washington just can’t kick: Trump’s sway and reconciliation dreams - Roll Call

Republicans can't quit Donald Trump and Democrats just can't kick the idea of a reconciliation package before Election Day.

Roll Call

Terra's stablecoin flop raises questions about regulatory role - Roll Call

The plunge in the algorithmic stablecoin TerraUSD is sparking debate among lawmakers over what, or how much, the government should do.

Tribune News Service

Senate confirms Lisa Cook as the first Black woman on the Federal Reserve Board

WASHINGTON — The Senate voted Tuesday to confirm Lisa Cook as the first Black woman to join the Federal Reserve Board.

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