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South L.A. Rep. Maxine Waters, top Democrat on House Financial Services Committee, to address delegates

Democratic National Convention live updates: Tim Kaine officially nominated for vice president July 27, 2016, 2:18 p.m. On the third day of the 2016 Democratic National Convention:• Watch live with us.• President Obama will headline the roster of speakers tonight, along with Vice President Joe...

Bill Clinton Said to Back Virginia’s Tim Kaine for Vice President

Mr. Clinton believes that Mr. Kaine, a former governor and member of the Senate Armed Services Committee, has the right domestic and national security résumé.

Sen. John McCain suggested he could subpoena Apple CEO Tim Cook (AAPL)

Arizona Republican Sen. John McCain invited Apple CEO Tim Cook to testify in front of the Senate Armed Services Committee, McCain said on Thursday. During a hearing on cybersecurity, McCain, who is the chairman of the committee, called...Show More Summary

Air dominance and the critical role of fifth generation fighters

Gen. Hawk Carlisle, the Air Combat Command commander, discussed the importance of air superiority and the need to assure it by modernizing the combat air force during a hearing of the House Armed Services Committee Tactical Air and Land Forces Subcommittee in Washington, D.C., July 13. This is the second of two hearings where ACC

Conservative Group Calls on Congress to Defend American Soldiers Who Protect Afghan Boys From Being Raped

A conservative group is calling on the House Armed Services Committee to support legislation that would allow members of the U.S. military to protect Afghan boys from being sexually abused and tortured at the hands of ally fighters.

Is the F-35 a Lethal 'Velociraptor' or Easy Prey for Russia or China?

Dave Majumdar Security, Who do you believe?  The United States Marine Corps’ top aviation officer offered an upbeat assessment of the Lockheed Martin F-35B Joint Strike Fighter (JSF) to the House Armed Services Committee during his testimony on July 6. Show More Summary

Senate confirms generals for top Air Force, Africa commands

WASHINGTON (AP) — The Senate has confirmed two senior generals to lead the Air Force and the command responsible for military operations in Africa. Waldhauser is a Marine Corps general who told the Senate Armed Services Committee recently he is not aware the U.S. has an "overall grand strategy" for Libya.

Japanese American Service Committee Recommits To Being A Welcoming Space For LGBTQ People

As Pride Month comes to an end, we'd like to spotlight this wonderful inclusive statement from the Japanese American Service Committee, our neighbors with offices at 4427 North Clark. It reads: "Like many Americans throughout the United...Show More Summary

The Numbers Racket: AFRICOM Clams Up After Commander Peddles Contradictory Statements to Congress

last monthNews : Truthdig

By Nick Turse / TomDispatch Somehow, between 2015 and 2016, more than 200 missions from 2014 simply vanished. And the Senate Armed Services Committee apparently hasn’t bothered to ask for clarification.

BECAUSE WE HAVE WAY MORE THAN WE NEED? Here’s Why Congress Wants To Fire So Many Generals. The …

BECAUSE WE HAVE WAY MORE THAN WE NEED? Here’s Why Congress Wants To Fire So Many Generals. The Senate Armed Services Committee (SASC) recently proposed a 25% reduction across the board for general officers. The bill would cut the number of four star officers from 41 to 27, representing one of the largest reductions in […]

HR 5424, “Investment Advisers Modernization Act,” a “Get Out of Madoff and Other Frauds for Free” Bill, Passes Financial Services Committee

HR 5424, intended to make life even easier for potential securities law abusers, got considerable support from Democrats on the Financial Services Committee.

The Price of the New B-21 Stealth Bomber? Sorry, That's a Secret.

Dan Grazier Security, Even the price is 'stealthy.'  The Senate Armed Services Committee issued a severe blow to transparency and fiscal responsibility last month. In a closed-door vote, they eliminated a requirement to disclose the development cost of the Air Force’s new B-21 stealth bomber. Show More Summary

Exchange podcast: Jeb Hensarling

Congressman Jeb Hensarling, chairman of the U.S. House Financial Services Committee, discusses his proposal to replace the sweeping Wall Street reforms of the Dodd Frank Act, which was passed after the 2008 crisis. The Texas Republican...Show More Summary

Virginia Rep. Forbes loses primary, victim of redrawn map

(AP) — U.S. Rep. Randy Forbes became the first political casualty of a newly redrawn Virginia congressional map Tuesday, as the senior member of the House Armed Services Committee lost a sharp-elbowed primary against a young challenger...Show More Summary

Republicans cook up plan to cripple consumer agency

If there’s one thing the financial services industry hates, it’s adult supervision. Last week, Rep. Jeb Hensarling, a Texas Republican who serves as chairman of the House Financial Services Committee, unveiled a plan that he said would rectify the “grave mistake” that was the 2010 Dodd-Frank Act,...

Some initial thoughts on banking reform

(June 9, 2016 02:42 PM, by Scott Sumner) There's a new Congressional proposal for banking reform: NEW YORK - House Financial Services Committee Chairman Jeb Hensarling (R-TX) today unveiled details of the Financial CHOICE Act - the Republican plan to replace the Dodd-Frank Act and promote economic growth. ... (3 COMMENTS)

Influential GOP Congressman Wants To Replace Key Bank Regulations

2 months agoNews : The Two-Way

House Financial Services Committee Chairman Jeb Hensarling is aiming at rules created after the 2008 financial crisis. Democratic Sen. Elizabeth Warren calls the plan a "wet kiss" for the big banks.

Taiwan Leader Urges US to Continue Selling Defensive Weapons

Taiwan's President Tsai Ing-wen held a meeting on Sunday with John McCain, the chairman of the US Senate Armed Services Committee, and urged the United States to continue selling defensive weapons to Taiwan, local media reported.

McCain Panel Moves to Streamline Balkanized Military Chain Of Command

The Senate Armed Services Committee has crafted a bipartisan plan to streamline the military's Balkanized command chain, including reducing the number of generals by 25%.

Will America Set Military Back by Abandoning Russian RD-180 Rocket Engines?

The Senate Armed Services Committee calls for halving the US appropriation for the military’s go-to rocket engine, the House Armed Services Committee focuses on replacements, and the White House is determined to veto anything and everything.

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