U.S. senators seek details on ‘dubious’ oversight shift by Japanese bank

By Pete Schroeder WASHINGTON, Nov 20 : A decision by Mitsubishi UFJ Financial Group Inc (MUFG) to shift its U.S. banks from state regulators to a federal bank regulator is garnering scrutiny from a pair of U.S. Democratic senators. Senators Elizabeth Warren and Chris Van Hollen sent a letter to the Office of the Comptroller […]

US senators blast State Department over cuts

By Patricia Zengerle WASHINGTON, Nov 14 : The Republican and Democratic leaders of the US Senate Foreign Relations Committee blasted the US State Department on Tuesday for cuts in staff and what they described as a failure to have a plan for a proposed reorganization. “I don’t think they are anywhere close to having a […]

Canada government facing resistance from Senate over pot law

By Leah Schnurr OTTAWA, Nov 4 : The Canadian government’s plan to legalize recreational marijuana by next July could be in jeopardy, with opposition brewing among some in the Senate and concerns that the deadline to pass the bill is rapidly approaching. The Senate’s approval is needed to pass laws though it does not often […]

Trump-Corker spat complicates drive for tax reform in US Senate

By David Morgan WASHINGTON, Oct 10 : A public feud between President Donald Trump and Senate Republican maverick Bob Corker could narrow the path for enacting tax reform in the US Senate, where a Republican go-it-alone effort is already showing signs of disunity. Days after the Republican-controlled Congress took two important steps toward advancing tax […]

France renews half of senate in test for Macron

By Dominique Vidalon and Elizabeth Pineau PARIS, Sept 24 : France on Sunday renews half of its senators’ seats, in a vote that is important for President Emmanuel Macron’s reform plans and will be a test of his declining popularity, just four months after his election in May. Macron’s Republic on the Move (LREM) is […]

Macri ally gains ground in Argentina Senate election against Fernandez

By Nicol?s Misculin BUENOS AIRES, Sept 13 : Argentine President Mauricio Macri’s favored candidate is gaining ground against former populist leader Cristina Fernandez in a closely watched Senate race in the country’s largest province of Buenos Aires, sources from both parties and two analysts said. Macri’s former Education Minister Esteban Bullrich of his Let’s Change […]