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The Latest Breaking News from the Finance Committee

Warren puts Treasury nominee on the spot ahead of hearing - Roll Call

Sen. Elizabeth Warren is pressing Treasury nominee for answers about his oversight of the pandemic-era Paycheck Protection Program.

Roll Call

Senate Republicans Undecided On Robert F. Kennedy Jr. Nomination

Senate Republicans on the Finance Committee are deliberating on Robert F. Kennedy Jr.'s nomination with caution and uncertainty.

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Klobuchar staying put, not interested in Menendez’s Finance slot - Roll Call

One of the most senior Democrats eligible to replace Sen. Bob Menendez, D-N.J., on the Finance Committee is not interested in the seat.

Roll Call

Names circulate for Finance panel seat if Menendez leaves - Roll Call

The conviction of Sen. Bob Menendez on bribery charges has renewed interest in who might replace him on the powerful Finance Committee.

Roll Call

Uncertainty looms over presentation of Kochi Corporation Budget

Uncertainty over Kochi Corporation's annual Budget presentation as CPI refuses responsibility, causing embarrassment to LDF-led committee.

The Hindu

How the near absolute power Edward Burke wielded absolutely paved the way for his alleged corruption

That power came from “scratch my back” Chicago politics. Burke’s clout emanated from the sheer force of his personality, the favors he did for other City Council members and the intimidation he wielded over his colleagues.

Chicago Sun-Times

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Menendez's Finance panel seat would have no shortage of suitors - Roll Call

Sen. Bob Menendez’s sought-after seat on the Finance Committee could — eventually — open up as a result of the scandal.

Roll Call

Entertainers, athletes looped in to Taiwan tax benefits - Roll Call

A pair of senators who represent cities with iconic music and entertainment scenes teamed up to aid Taiwanese artists and athletes.

Roll Call

Finance Committee OKs $25 million settlement to two men wrongfully convicted of 1993 murder of IIT hoops star

Tyrone Hood would get $17.5 million after spending 22 years in prison. Wayne Washington spent 14 years behind bars and would get $7.5 million. But Ald. Brian Hopkins worried the City Council would be setting an unaffordable precedent.

Chicago Sun-Times

$4.98 million CPD settlement tied to traffic stops clears Council committee

All but $112,500 of the nearly $5 million settlement approved by the City Council’s Finance Committee is going toward attorneys’ fees.

Chicago Sun-Times

In abrupt about-face, Finance Committee signs off on $1 million settlement tied to controversial police shooting

In January, opposition from police union allies on the City Council allies forced then-Finance Committee Chair Scott Waguespack to yank the $1 million settlement to the mother of Sharrell Brown off the agenda. But Wednesday, it passed with little or no debate.

Chicago Sun-Times

Mayor-elect Johnson forges ‘Unity Plan’ to reorganize the new City Council

The plan shrinks the number of Council panels from 28 to 20. Pat Dowell, whose switch of support from Lightfoot to Johnson was crucial to his victory, will be finance chair.

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