Shelby releases holds on some nominees

WASHINGTON, Feb. 9 (UPI) -- Sen. Richard Shelby, R-Ala., said he has released his holds on more than 70 pending presidential nominations.
Dodd: Bank reform talks stalled

Dodd: Bank reform talks stalled

WASHINGTON, Feb. 5 (UPI) -- Sen. Chris Dodd, D-Conn. said Friday he has asked his staff to draw up a bank reform bill since attempts to compromise with a key Republican have stalled.

Shelby: U.S. faces 'financial destruction'

WASHINGTON, March 22 (UPI) -- If U.S. President Barack Obama's budget is passed by Congress it would mean crushing federal debt, a leading Republican senator said Sunday.
Shelby blasts Geithner on AIG oversight

Shelby blasts Geithner on AIG oversight

WASHINGTON, March 17 (UPI) -- U.S. Treasury Secretary Tim Geithner should have blocked AIG from paying out huge bonuses using taxpayer money, a key Senate Republican said Tuesday.
Bipartisan rescue plan dies in Senate

Bipartisan rescue plan dies in Senate

WASHINGTON, Dec. 11 (UPI) -- A bipartisan plan to rescue U.S. automakers fell apart in the U.S. Senate Thursday night amid disagreement over requiring pay cuts for union autoworkers.
Frank, Shelby spar over auto bailout issue

Frank, Shelby spar over auto bailout issue

WASHINGTON, Nov. 19 (UPI) -- A bailout of U.S. automakers would be a life support measure and would not force them to change their business model or management, a Senate Republican said.
Dodd: Big Three 'devoid of vision'

Dodd: Big Three 'devoid of vision'

WASHINGTON, Nov. 18 (UPI) -- U.S. Sen. Christopher Dodd Tuesday accused auto industry executives of being "devoid of vision" and ridiculed them for their attitude toward fuel efficiency.
Sen. Shelby: Bailout as presented flawed

Sen. Shelby: Bailout as presented flawed

WASHINGTON, Sept. 26 (UPI) -- The $700 billion Wall Street bailout proposed by U.S. Treasury Secretary Henry Paulson is structurally flawed, Sen. Richard Shelby, R-Ala., said Friday.

Gates reopens tanker contract bidding

WASHINGTON, July 9 (UPI) -- U.S. Defense Secretary Robert Gates announced Wednesday an accelerated bidding process would be used for the aerial refueling aircraft contract.
Senate considers housing package

Senate considers housing package

WASHINGTON, June 24 (UPI) -- Congress' answer to the mortgage crisis passed a key U.S. Senate test vote Tuesday, as senators voted to proceed with debate on the Foreclosure Prevention Act.

CAGW lists annual Congress pork tallies

WASHINGTON, April 2 (UPI) -- Three Republican U.S. senators were designated the top "porkers" in Congress by the watchdog group Citizens Against Government Waste.

Housing rescue plan proposed

WASHINGTON, April 2 (UPI) -- U.S. lawmakers said they agreed to reach across the aisle to push a measure meant to stimulate the sale of new homes and help deter loan foreclosures.

Higher ed gets $2.3 billion in earmarks

NEW YORK, March 24 (UPI) -- The Chronicle of Higher Education says Congress set aside a record $2.3 billion last year for pet projects and research at U.S. colleges and universities.

Scrutiny of foreign investment applauded

WASHINGTON, Feb. 21 (UPI) -- U.S. lawmakers said Thursday that scrutiny of deals involving foreign ownership of companies that could compromise national security is working effectively.

GOP senators' plane shot at over Baghdad

WASHINGTON, Aug. 30 (UPI) -- A U.S. military plane carrying four members of the U.S. Congress took evasive action Thursday after it came under ground fire as it took off from Baghdad.

House approves increase in banking insurance

WASHINGTON, May 5 (UPI) -- The U.S. House has approved bipartisan legislation overhauling the federal deposit insurance system.

House bill would increase bank insurance

WASHINGTON, April 27 (UPI) -- A House panel Wednesday approved an increase in the federal deposit insurance limit to $130,000 per bank account.

Baker proposes new housing regulator

WASHINGTON, April 5 (UPI) -- Rep. Richard Baker, R-La., unveiled legislation Tuesday creating an independent regulator to oversee housing giants Fannie Mae and Freddie Mac.

Senate moves ahead with leak inquiry

WASHINGTON, March 21 (UPI) -- A U.S. Senate inquiry into whether Richard Shelby, R-Ala., inadvertently revealed secret information three years ago is moving ahead, Roll Call said.

Sen. Shelby vows to revamp mortgage regs

WASHINGTON, Dec. 22 (UPI) -- Sen. Richard Shelby, R-Ala., says the executive shake-up at Fannie Mae will not derail efforts to better regulate federally backed mortgage firms.

The Bear's Lair: World capital of Ponzi

WASHINGTON, Dec. 20 (UPI) -- Fannie Mae's accounting mishaps, the renewed protest over stock option expensing and the attempt not to count the transition costs of social security reform all

The Bear's Lair: Business needs values too

WASHINGTON, Nov. 15 (UPI) -- According to exit polls, the most important single issue to the U.S. electorate on November 2 was moral values. It thus probably wouldn't be smart for the re-el

Space Watch: NASA gets a budget boost

WASHINGTON, Sept. 23 (UPI) -- A series by UPI examining the attempt by NASA to fulfill the vision of President George W. Bush to resume missions to the moon and, eventually, send humans to Mars. This week: The Senate Appropriations Committee gave supporters of the Bush administration'
FRANK SIETZEN, United Press International

Sen. Shelby hires experienced lawyer

WASHINGTON, Aug. 11 (UPI) -- Sen. Richard Shelby, R-Ala., has hired a high profile Washington attorney, ostensibly to represent him in a potential Ethics Committee case.

Paper: Shelby leaked classified intel

WASHINGTON, Aug. 5 (UPI) -- Justice Department investigators have concluded Sen. Richard Shelby, R-Ala., divulged classified intelligence information to the media.
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