Richard Shelby

Nobel Prize-winning economist Peter Diamond on Monday withdrew his nomination for a seat on the Federal Reserve Board, complaining that Republicans who have blocked his confirmation for more than a year failed to understand the importance of his work on.....

Like so many candidates before him, Republican U.S. Senate frontrunner Marco Rubio today made the mandatory pilgrimage to Florida's Space Coast to learn of the concerns and the frustrations seizing NASA's Kennedy Space Center and local aerospace co...

WASHINGTON — A stopgap spending measure approved Wednesday by the U.S. Senate is good news for most of the government — as it prevents a shutdown — but bad news for NASA, as the two-week extension will force NASA to waste $20 million...

Alabama Republican Sen. Richard Shelby on Wednesday blasted efforts by federal and state officials to reach a settlement with mortgage servicers over botched foreclosures as a "regulatory shakedown" by the Obama administration that goes far beyond...

4:30 PM UPDATE: Adds Sen. Bill Nelson reaction. WASHINGTON — The budget compromise under consideration by Congress may finally spell relief for NASA, which — thanks an unfixed budget directive — has been forced to spend more than $250...

Key banking regulators and Senate Democrats warned against Republican efforts to repeal all or some provisions of the Wall Street reform law enacted last year, saying the country couldn't afford to return to a system that failed to stop the......

Democrats retained their Senate majority Tuesday, losing five seats but winning key races in West Virginia and California. Republicans scored big gains, taking Senate seats from Democrats in Pennsylvania, Wisconsin, Arkansas, North Dakota and Indiana....

by Mark Silva President Barack Obama, arguing that Wall Street created "a culture of irresponsibility,'' is calling on Congress today to create a new framework of federal financial regulation. "A culture of irresponsibility took root from Wall Street to...

President Obama warned Wall Street against returning to reckless behavior of the past....

by Julian E. Barnes, and updated again at 12:10 pm EDT The Obama administration will significantly alter plans to create a missile defense system in Eastern Europe, abandoning blueprints for a large ground-based radar and interceptors based in the Czech.....

--- The Senate Banking Committee votes to give Ben S. Bernanke a second term as Federal Reserve chairman, but Bernie Sanders has another idea: early retirement. --- For shareholders, Citigroup's attempt to exit TARP has been a bust. --- Delayed......

ABC This Week with George Stephanopoulos: Homeland Security Secy. Janet Napolitano, Sen. Mitch McConnell (R-KY) and Obama press secy Robert Gibbs. Roundtable with Matthew Dowd, Ruth Marcus and David Brooks. Bloomberg Capitol Report with Al Hunt: Sen....