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RARE PHOTOS: 10 - The Real Truth

‘Growing coalition’ open to a stock ban, lawmakers say - Roll Call

Lawmakers say support is growing for a full ban on members trading or owning stocks and stronger penalties for those who insider trade.

Roll Call

Bipartisan measure to block solar tariff waiver heads to markup - Roll Call

A bipartisan measure would strike down an administration waiver of tariffs on solar energy equipment from four countries in Southeast Asia.

Roll Call

GOP's Moreno joins race to unseat Sen. Sherrod Brown of Ohio

Wealthy Cleveland business owner Bernie Moreno has joined the 2024 race to unseat Democratic U.S. Sen. Sherrod Brown

The Independent UK

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Fed official says banking rules are under review in the wake of SVB failure

Michael Barr, the nation’s top banking regulator, said Silicon Valley Bank was warned in the fall of 2021 that its interest rate model was not ‘aligned with reality.’

Chicago Sun-Times

Bank failures and rescue test Yellen's decades of experience

Treasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis

The Independent UK

After the East Palestine Derailment, Congress Is Trying To Force Unrelated, Costly Regulations on Railroads

A bipartisan bill backed by J.D. Vance and Sherrod Brown would include a two-member crew mandate that unions have long sought—and that wouldn't have prevented the Ohio disaster.

Reason

Sen. Duckworth joins bipartisan call for stronger rail safety measures

Senate Commerce Committee grills Norfolk Southern CEO on safety enhancements that can be implemented to prevent derailments like the one in East Palestine, Ohio.

Chicago Sun-Times

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6 big themes from Wednesday’s Norfolk Southern’s derailment hearing

Norfolk Southern’s CEO Alan Shaw was among the witnesses who testified Wednesday at a U.S. Senate committee hearing about the railroad’s toxic derailment in East Palestine, Ohio on Feb. 3.

Tribune News Service

Bipartisan support emerges for Senate railroad safety bill

A bipartisan consensus that Congress should act to toughen regulations on railroads is emerging in the U.S. Senate

The Independent UK

Vance: Rail safety legislation is not 'big government' - Roll Call

Republican Sen. J.D. Vance attacked the rail industry for criticizing a safety bill he co-sponsored with Sen. Sherrod Brown, D-Ohio.

Roll Call

Midsize US banks ask FDIC to insure deposits for 2 years

A coalition of midsize U.S. banks asked federal regulators to extend FDIC insurance to all deposits for the next two years, arguing the guarantee is needed to avoid a wider run on the banks.

Tribune News Service

Bank failures: Anger in Congress, but division on what to do

Congress is trying to figure out how best to respond to the abrupt failure of two U.S. banks

The Independent UK

Lawmakers from both parties skeptical of legislation over SVB - Roll Call

President Biden's call for a legislative response to the SVB collapse is meeting skepticism from members of both parties on Capitol Hill.

Roll Call

Railway CEO apologises for toxic train crash at US Senate hearing

Norfolk Southern chief says he is ‘terribly sorry’ but stops short of fully backing Senate bill to boost safety rules.

Al Jazeera

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Tribune News Service

Second Ohio derailment raises ire in Congress on rail safety

WASHINGTON — A second freight train derailment in Ohio within a month is giving new impetus for rail safety legislation in Congress, as Democrats and Republicans prepare to grill Norfolk Southern CEO Alan Shaw when he testifies to a Senate committee Thursday.

Tribune News Service

Second Norfolk Southern train derails in Ohio in a month

A Norfolk Southern Corp. train derailed in Springfield, Ohio, about a month after an earlier crash in the state that shone a spotlight on rail safety.

The Independent UK

Ohio derailment tests Sen. Brown's push to buck Dem defeats

Republicans say the federal response to a train derailment in an eastern Ohio village shows Democrats are not focused on policy at home

Axios

GOP pits endangered Democrats against Biden with sensitive votes

Two Senate Democrats voted for an ESG resolution that Biden has promised to veto.

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The Independent UK

Railroad CEO to testify in Congress about Ohio derailment

The CEO of Norfolk Southern railroad will testify in Congress next week about last month's fiery Ohio derailment and the precautions the railroad takes to prevent similar crashes

Roll Call

Senate gets bipartisan rail safety bill after Ohio derailment - Roll Call

Bipartisan legislation that would establish new safety requirements for trains carrying hazardous materials was introduced Wednesday.

The Independent UK

Ex-congressman Tim Ryan sees an ‘opportunity’ for Joe Biden in Ohio against Trump in 2024

Former Ohio congressman finished narrowly behind Republican Senate opponent in Ohio last year

The Independent UK

Ohio train derailment: Fetterman, Hawley and Vance among senators proposing new regulations

The legislation would require regular inspections of trains carrying hazardous materials and provide information in advance to emergency responders.

The Independent UK

Ohio senators ready rail safety bill after fiery crash

U.S. senators are planning to propose legislation that would make railroads, like the one involved in this month’s fiery crash and toxic chemical release in Ohio, subject to a series of new federal safety regulations and financial consequences

The Independent UK

EXPLAINER: Did dioxins spread after Ohio train derailment?

U.S. Senators Sherrod Brown and J

Tribune News Service

Bipartisanship isn’t dead. Here’s what Congress might actually agree on

A banking bill for cannabis businesses. “Junk fee” curbs. Insulin price cuts. The U.S. Congress is bitterly divided, but in these niche areas, there’s hope for compromise.

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