US Senate

The agricultural sector is bouncing this morning as it appears the Senate vote yesterday caused an overreaction in the space. Yesterday, the Senate voted 73-27 in favor of ending ethanol subsidies and tariffs. Names like Potash Corp. (NYSE: POT), CF Industries Holdings, Inc. (NYSE: CF), The...

In a huge move, the Senate has voted in favor of ending the tax breaks and tariffs for ethanol production, which is hurting shares of the ethanol producers and fertilizer names. The Senate voted 73-27 in favor of ending the subsidies, and names like Archer Daniels Midland (NYSE: ADM), Green Plains...

It took them long enough, didn't it? The Senate finally passed the small jobs bill that President Obama has been clamoring for today, by a 61-38 margin, allowing the Democrats to show they are working to get the economy going again. The House has already passed a version similar to this bill, and...

Robert C. Byrd, United States senator from West Virginia, died at 3 a.m. this morning at the age of 92. His health had been declining for several years. The senator's death comes just as the Democratic leadership in the Senate are trying to finalize their overhaul of the financial regulatory system...

The U.S. Senate rejected a controversial measure introduced by John McCain (Republican-Arizona) on Tuesday that would have capped the amount of assets held on Fannie Mae and Freddie Mac’s books to 95% of the mortgage assets it owned at the end of the prior year. The bill would have also required...

Lawmakers approved an amendment today that would stop government bailouts of financial institutions. Lawmakers are seeking to end the "too big to fail" policy that weakened the US economy in 2008. According to Reuters, "The Senate voted 93-5 for a plan that would set up a new government protocol...

The US Senate, by a margin of 54 to 45, struck down Senator Ben Nelson's (D) amendment to the healthcare reform bill currently under debate, that would have restricted women's access to abortions even more than the Stupak Amendment included in the House version of the bill. Perhaps in a nod to...

Washington Post reporter, Ezra Klein reports that his sources confirm that there has been discussion amongst the Senate surrounding a compromise in the healthcare debate. Pro public option forces have been stymied by Republicans and Conservative Democrats who are opposed to the public option (read...