Senator wants IRS to show what it’s done about tax fraud since Panama Papers reports

Oregon’s Ron Wyden, the top Democrat on the Senate Finance Committee, sent a three-page letter to Treasury Secretary Jacob Lew and IRS Commissioner John Koskinen asking for data on required reporting about shell companies. The April release of what’s now called the Panama Papers spotlighted how foreign leaders, drug cartels and the wealthy use offshore companies to skirt taxation and law enforcement.


Texas’ Kay Granger fights for top defense post against well-placed Hal Rogers

Rep. Kay Granger, R-Texas, was ready to make her move to chair a key subcommittee that directs monies that benefit her defense-heavy North Texas district. But another lawmaker with more seniority has the same idea and, as a result, it’s unclear if Granger can win the post – which is appointed – since it depends entirely on what House leadership wants to do. The process won’t take place until after the November 8 elections – assuming that the House stays in GOP hands.


Ted Cruz fund raises for Blunt, Burr and other Republicans in close senate races

Anti-establishment Sen. Ted Cruz of Texas might not have made many friends among his fellow Republican senators. But now he’s soliciting donations for them. “This election, the United States Senate is hanging by a thread,” Cruz said in a fund-raising email to supporters on Tuesday. “I do NOT want to wake up in November and hear these words: Majority Leader Chuck Schumer.”


Watchdog to weigh panel’s power to police foreign takeovers

The Government Accountability Office has agreed to review whether a special inter-agency committee has enough authority to protect U.S. national security and strategic interests amid a wave of foreign takeovers of American companies. Rep. Robert Pittenger, who led a bipartisan group of 16 House members in seeking the review last month, said he agency would


Speaker Ryan riding to rescue of Texas’ Hurd

House Speaker Paul Ryan, R-Wis., is heading to Texas Oct. 17 for a few days as part of a multi-state fund raising trip for House Republicans. In Texas, he’s out to help endangered freshman Rep. Will Hurd, R-Texas, who is in a close race.


Defending for-profit schools paid dividends for Carolina lawmakers

Sen. Richard Burr and Rep. Virginia Foxx, both North Carolina Republicans, pushed legislation to block the U.S. Education Department from cracking down on for-profit universities. Political action committees for two companies that run some of the biggest for-profit schools have poured tens of thousands of dollars into their campaigns and leadership funds.


Fort Worth lawmakers team up to stave off attack on their water project

How did Fort Worth's water project get in the line of fire? Trinity River Vision, a flood control/economic development project, drew a harsh attack from Rep. Pete DeFazio, D-Ore., this week. Upset about another provision that the GOP took out of the bill and skeptical about the value of the Trinity River Vision, DeFazio tried to gut the $526 million authorization for Fort Worth in a House water projects bill. The bill passed and the project survived with help from Fort Worth lawmakers Reps Marc Veasey, D-Texas, and Kay Granger, R-Texas.


Wells Fargo CEO: We should have done more sooner

Wells Fargo CEO John Stumpf faced another round of questioning Thursday by the House Financial Services Committee over his bank's creation of fake accounts. "I am fully accountable for all unethical sales practices in our retail banking business," Stumpf said.
Wells Fargo CEO: We should have done more sooner 2:02

Wells Fargo CEO: We should have done more sooner

CAMPAIGN AD: Deborah Ross, 0:31

CAMPAIGN AD: Deborah Ross, "First"

Experts urge Congress to pass a Zika prevention bill 2:22

Experts urge Congress to pass a Zika prevention bill

Loretta Lynch testifies before lawmakers over Clinton email probe 1:39

Loretta Lynch testifies before lawmakers over Clinton email probe