Paul Kanjorski News

Raj Rajaratnam, of the Galleon Group hedge fund, was arrested in October on charges of conspiracy and securities fraud.

Banks and stores appreciate gift cards because they get buyers' cash up front - and, often, because they can pocket the givers' money if it's not spent quickly.

The White House invited Republican Charlie Dent to ride Air Force One home and hear President Barack Obama's address on jobs and the economy today at Lehigh Carbon Community College .

Dec. 4, 2009 - NAFCU recommendations for increasing credit unions' statutory member business loan cap and expanding emergency assistance funding to all credit unions are included in a report to the president Thursday from the Small Business Financing Forum.

A House panel is planning to hold its third hearing on Bernard Madoff's massive fraud scheme.

Shira Toeplitz reported yesterday in CQ Politics that Hazleton Mayor Lou Barletta will make an announcement next Wednesday about his plans to run yet again for Congress.

A House panel approved legislation strengthening U.S. authority to police large, complex firms that pose risks to the economy, advancing the Obama administrationa s effort to overhaul U.S. financial rules.

The article "How big is too big?" , with the dateline "Washington," cites the political mantra that some financial institutions are a "grave threat to the financial stability or economy of the United States." It quotes Rep.

The major business press underplays news from the FDIC that its troubled-banks list soared to more than 550 in the third quarter.

If Pennsylvania succeeds in adding tolls to I-80, it would close a favorite escape route from the Pennsylvania Turnpike: No longer would motorists or truckers be able to cross the state without paying a toll.

Smaller broker-dealers are worried that a sweeping congressional proposal aimed at preventing fraud through comprehensive audits of brokerage firms could put them out of business.

Saturday, November 28, 2009 Avoiding the right decision at all costs: tolls vs. other taxes The Philadelphia Inquirer reports that Rep.

A proposal by Rep. Paul E. Kanjorski was voted for 38 to 29 in legislation on Wednesday.

Hedge funds are far from popular, but one lawyer thinks Pennsylvania voters will support his calls for banning corporate bailouts, putting an end to "too big to fail" and taking the bulls-eye off fund managers.

Kanjorski U.S. Rep. Paul E. Kanjorski, D-11, on Monday told the state Department of Environmental Protection to reject Hazleton Creek Properties' application for a permit to use construction and demolition debris in the reclamation of Hazleton area abandoned mine land.

The US House Financial Services Committee has passed an amendment that would allow the government to dismantle large firms whose collapse could put the US economy at risk.

For the third consecutive year, Monroe County has set a new foreclosure filings record - this time with two full months remaining in 2009.

Reporting from Washington - Momentum is growing in the United States and abroad to deal with the problem of gigantic financial institutions deemed too big to fail by breaking them up preemptively.

The National Association of Insurance Commissioners is expressing satisfaction with the latest incarnation of H.R. 2609, the Federal Insurance Office Act.The bill was originally introduced in May by Rep.

His shirt sleeves rolled up, U.S. Rep. Ed Perlmutter was in a fighting mood as he worked fellow members of the Financial Services Committee last week, but by then the cause was already lost.