Edolphus Towns News

Bank of America's board of directors has chosen consumer banking chief Brian Moynihan to replace Ken Lewis as CEO of the nation's biggest bank on Jan.

President Obama held an important meeting yesterday with the top executives of the nation's largest banks.

Nabe News in Brooklyn, New York recently reported that 183 new medicines are in development to fight diabetes .

Wall Street's best and brightest, whose jobs were saved by a taxpayer-funded $700 billion bailout just months ago, will soon be getting their annual six-figure bonuses, usually worth more than a typical New Yorker will pull down in a year, if he or she still has a job.

On Wednesday, U.S. Transportation Secretary Ray LaHood announced that Carver Federal Savings Bank is the first lender for the department's Short Term Lending Program in New York City.

Former New York Times editor Abe Rosenthal famously said, " I don't care if my reporters are fucking elephants, as long as they aren't covering the circus ." Someone tell Raymond Hernandez, who covers Congress in D.C. while dating a congressional spokesperson.

Smart discussion of the latest science and news on toxins in your food, water, and air, and what government agencies should be doing to protect public health.

When a couple of VM-22 Osprey tilt rotors joined a fleet of CH-53 helicopters, dropping out of the predawn darkness Friday in the northern end of the Now Zad valley in Helmand Province to deliver the first of more than 1,000 NATO and Afghan troops, it marked not only the first large assault since President Obama's announcement that the U.S. would ...

A customer uses a Bank of America ATM in Charlotte, N.C., Friday, July 17, 2009.

Now that Bank of America Corp. is freeing itself from the government restrictions that hampered its search for a new CEO, the company should look more appealing to prospective candidates, especially those from outside the company.

December 2, 2009: Arbitron came in for some sharp criticism at today's hearing by the House Committee on Oversight and Government Reform, and was defended by both its own president and CEO, Michael Skarzynski, and, later in the day, Radio One President/CEO Alfred Liggins.

NEW YORK, NY November 29, 2009 a 'New York Congressman Edolphus Towns is calling for a review of Secret Service practices after a couple crashed President Obama's first state dinner.

On the House Oversight and Government Reform Committee, the partisanship has gotten so bad that major investigations have been affected, including a wide-ranging inquest into the financial meltdown.

The couple who crashed President Barack Obama's first state dinner are peddling their story to broadcast networks for hundreds of thousands of dollars, a television executive says.

Michaele and Tareq Salahi, the couple who crashed US President Barack Obama's first state dinner, are peddling their story to broadcast networks for hundreds of thousands of dollars, a television executive said on Sunday.

The chairman of the Federal Reserve is concerned that congressional efforts at financial reform could weaken the central bank's ability to handle future crises and may politicize monetary policy.

This screen image made from Michaele Salahi's Facebook page shows a photo Michaele Salahi, right, with the CEO of PepsiCo, Indra Nooyi , at the White House state dinner in Washington on Tuesday Nov.

Connecticut plans to join Ohio in suing credit-rating companies for a oenegligent, reckless and incompetent worka in grading debt purchased by state pension funds, according to Attorney General Richard Blumenthal .

During a House Oversight Committee hearing in October, a rare bipartisan consensus appeared to be building around a strategy to rein in executive compensation.

The House Committee on Oversight and Government Reform will hold a hearing Dec. 2 on Arbitron's Portable People Meter and its effect on diversity.