Kent Covington
Associated Press/Photo by J. Scott Applewhite

Bipartisan banking reform passes in Senate

by Kent Covington & Lynde Langdon
Posted 3/15/18, 10:48 am

The Senate passed bipartisan legislation Wednesday to rewrite controversial banking rules. President Barack Obama signed the regulations in 2010 after the financial crisis of 2007 and 2008. The law was designed to rein in big banks and protect against a future collapse, but critics said it ran many small banks out of business. “When this bill is signed into law, it will right-size regulation for financial institutions, including community banks and credit unions, making it easier for consumers to get mortgages and to obtain credit,” Sen. Mike Crapo, R-Idaho, said Wednesday.

Read more

Associated Press/Photo by Mass Communication Specialist 2nd Class Joshua Fulton/U.S. Navy

10 U.S. sailors missing following collision near Singapore

by Kent Covington
Posted 8/21/17, 09:06 am

The USS John S. McCain collided with an oil tanker early Monday morning east of Singapore, ripping a large hole in the U.S. Navy guided-missile destroyer. Ten sailors are missing and a Singaporean navy helicopter evacuated four others, taking them to a hospital for treatment. The collision happened just after 5 a.m. local time. Vessels and aircraft from the United States, Indonesia, Singapore, and Malaysia are searching for the missing sailors. The collision is the second involving a ship from the U.S. Navy’s 7th Fleet in the last two months.

Read more

Associated Press/Photo by J. Scott Applewhite

Obamacare revisions win conservative support

Healthcare | A member of the House Freedom Caucus predicts a ‘yes’ vote soon
by Kent Covington & Lynde Langdon
Posted 4/26/17, 02:21 pm

The GOP’s Obamacare repeal-and-replace plan cleared a major hurdle today by winning the support of the conservative House Freedom Caucus. The group of about three dozen congressmen announced today its support for the American Health Care Act after negotiating changes with the White House.

An amendment to the bill would allow states to repeal some aspects of Obamacare, such as requiring young, healthy people to buy extensive coverage.

Read more