schumer

Two New York lawmakers say that a coin being marketed as a "tribute" to 9-11 is a scam and an "all-time low" for the for-profit private company making the coins. Senator Charles Schumer and U.S. Rep. Jerrold Nadler have complained to both the Federal Trade Commission and the U.S. Mint about the...

Liberal New York Senator Chuck Schumer has taken up hunting and recently introduced a bill favorable to the sport. But with the Brooklyn Democrat's reelection on the horizon, the National Rifle Association isn't buying it, calling him a "Johnny-come-lately."

Federal Reserve Chairman Ben Bernanke Thursday started the arduous process of confirmation for a second term as Chairman of the Federal Reserve. At hearings in Washington, the chairman of Senate Banking Committee, Sen. Christopher Dodd, called the central bank's record an "abysmal failure." Dodd...

In December, I wrote about the new credit card rules adopted by the Federal Reserve to stop excessive fees and unexpected interest rate hikes. The big disappointment with these new rues was that they didn't take affect until 2010. Congress isn't happy with that delay and bills are now under...