Janet Yellen, vice chairman of the Federal Reserve System‘s board of governors since October 2010, will be nominated chairman of the central bank by President Barack Obama Wednesday, Reuters reports. Mark Felsenthal
MoreThe Office of Management and Budget directed federal agencies late Monday night to carry out their plans for shutting down operations as Congress did not pass a continuing resolution by 11:59 p.m.
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Sen. Tim Kaine, D-Va., predicts the Senate will approve legislation to ensure that military personnel will continue to receive paychecks in the event of a shutdown, The Hill newspaper reported Sunday. Molly
MoreDemocratic leaders in the Senate will push to nullify sequestration cuts in December as part of a mini-omnibus spending bill that would fund the government for fiscal year 2014, Defense News reported Monday.
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The House of Representatives today passed legislation to fund the federal government from October 1 to December 15. The legislation, which passed the house with a vote of 230-189, will now go
MoreThe White House is directing agencies to prepare for a possible shutdown of the federal government if lawmakers fail to strike a deal on a continuing resolution, Reuters reports. Steve Holland and Roberta
MoreSenate Armed Services Committee Chairman Carl Levin (D-Mich.) said Tuesday afternoon he is hopeful that the full chamber can take up the fiscal year 2014 defense authorization bill by the end of the calendar
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Sen. Ben Cardin (D-Md.) said Wednesday he does not forsee the possibility sequestration being cancelled by the start of fiscal year 2014 on Oct. 1, GovExec reported Thursday. Kellie Lunney writes that Cardin told
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