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The US Commodity Futures Trading Commission is to announce Friday a temporary reprieve from stringent new derivatives rules, people familiar with the matter said.
Several members of the Congressional Black Caucus will be serving in key leadership positions in the 113th Congress, House Democratic Leader Nancy Pelosi (D-Calif.) announced Dec. 5. The news comes in stark contrast to the announced Republican leadership appointments in which neither women nor minorities played substantial roles.

It does not seem like it would be difficult for regulators to block felons and other law-breakers from pitching private investment deals to unsophisticated customers, but nearly 20 months after proposing its "bad actor" rule, the U.S. Securities and Exchange Commission is having trouble finalizing it.

Anti-tax hike crusader Grover Norquist is slamming Rep. Peter King, saying he hopes "his wife understands that commitments last a little longer than two years" after the New York lawmaker said the no-taxes pledge is binding for only one session of Congress.

Rep. Maxine Waters, who will take over as top Democrat on the House Financial Services Committee next year, is urging the Commodity Futures Trading Commission to delay implementation of certain derivatives rules set to go into effect Jan. 1.

Today, Congresswoman Maxine Waters was sworn in as a Member of the 113th Congress. This marks the beginning of Congresswoman Waters' twelfth term in office. She will now represent California's 43 rd Congressional District (previously 35th) which includes the communities of

Congresswoman Maxine Waters (D-CA) released the following statement today after the 112th Congress ended, and House GOP leaders failed to advance the reauthorization of the Violence Against Women Act (VAWA).

Congresswoman Maxine Waters (D-Calif.) said the fiscal cliff deal isn't perfect, but it was a win for the American taxpayer.

The House is expected to vote as early as Thursday evening on a bill that would repeal the government's ability to seize and unwind large, failing financial institutions and eliminate a popular mortgage modification program.

Congresswoman Maxine Waters (D-CA) sent the following letter today to the Federal Communications Commission urging the FCC to conduct its court ordered diversity impact study before proceeding with finalized rules that many public advocates suspect would relax the Commission current newspaper-broadcast cross-ownership ban.