| Dec 12, 2013
| 5:23 PM
WASHINGTON — Reps. Dana Rohrabacher, an Orange County conservative, and Maxine Waters, a Los Angeles liberal, on the same side of an issue?
The Ripley's Believe It or Not moment came Thursday in a House vote to pass a budget deal designed to...
| Dec 10, 2013
| 4:20 PM
WASHINGTON -- The Senate voted 57-41 on Tuesday to confirm Rep. Mel Watt to head the agency overseeing Fannie Mae and Freddie Mac, ending a long battle by President Obama to install a regulator open to more aggressive action to help struggling homeowners....
| Dec 5, 2013
| 2:12 PM
Twenty-three years ago, for barely 24 hours, Nelson Mandela visited Los Angeles.
It was 1990, and he had been a free man for only a handful of months, but he had been a symbol for years -- of endurance, of the black-and-white apartheid battle in South...
| Nov 14, 2013
| 8:09 PM
WASHINGTON — The Transportation Security Administration, already under scrutiny after one of its agents was shot to death at Los Angeles International Airport this month, has spent nearly $1 billion on a passenger behavior monitoring program that...
| Nov 7, 2013
| 7:11 PM
Hillary Rodham Clinton returns to California on Friday for a round of speeches and events that underscore the state's significance to her family's political fortunes and the potential presidential campaign she is pondering.
From the time four decades...
| Nov 1, 2013
| 6:01 PM
WASHINGTON — In blocking the nomination of Rep. Mel Watt to head a top housing agency, Senate Republicans showed they preferred to keep oversight of Fannie Mae and Freddie Mac in the hands of a career bureaucrat who opposes providing more aggressive...
| Oct 31, 2013
| 10:35 AM
WASHINGTON -- The nomination of Rep. Mel Watt to be the regulator for housing finance giants Fannie Mae and Freddie Mac failed a key procedural vote Thursday because of strong Republican opposition.
President Obama nominated Watt, a veteran Democrat...
| Oct 29, 2013
| 11:55 AM
WASHINGTON -- The head of the Federal Housing Administration, which recently received $1.7 billion in its first-ever bailout, said the agency was headed in the right direction, as she faced intense Republican criticism during a lengthy congressional...
| Oct 11, 2013
| 6:41 AM
WASHINGTON -- A conservative group has launched a campaign to stop Janet L. Yellen from becoming the next head of the Federal Reserve, arguing her confirmation would lead to an expansion of easy money policies that would cause prices to soar.
| Sep 27, 2013
| 9:51 AM
WASHINGTON -- The Federal Housing Administration, whose role in the real estate market expanded dramatically in recent years, on Friday said it would need approximately $1.7 billion to stabilize its long-term finances.
It marks the first time the 79-...
| Sep 16, 2013
| 7:27 AM
WASHINGTON -- With Lawrence H. Summers removing himself from consideration to be the next Federal Reserve chairman, Janet L. Yellen becomes the acknowledged front-runner for the vital economic policy position.
But President Obama still could go...