A two-year budget deal includes reductions to federal pension benefits for both civilian and military personnel that are likely to generate pushback from public-employee unions and their allies in Congress.
A contentious project to divert water supplied to Southern California past an ecologically sensitive river delta moved a step closer to fruition Monday, as state and federal officials unveiled a draft final environmental analysis.
The Senate confirmed Rep. Mel Watt (D., N.C.) to head the Federal Housing Finance Agency on Tuesday, giving the regulator of Fannie Mae and Freddie Mac its first permanent director in more than four years.
The Volcker rule will put in place new hurdles for banks that buy and sell securities on behalf of clients and will restrict compensation that provides incentives for risky trading, according to a draft.
While Washington has been obsessing over the shortcomings of a health-care website and debating the virtues of a nuclear deal with Iran, Russia and China have been acting anew like expansionist powers in Europe and Asia, Gerald F. Seib writes.
House and Senate negotiators agreed Monday to add new protections for victims of sexual assault in the military, but they bypassed the more far-reaching proposal of taking such cases out of the military chain of command.
"See something, say something," runs the public safety campaign throughout America's transportation network. The question for the Supreme Court Monday was whether saying something false to security officials about someone else can be grounds for a defamation lawsuit.
As enrollment picks up on the HealthCare.gov website, many people with modest incomes are encountering a troubling element of the federal health law: deductibles so steep they may not be able to afford the portion of medical expenses that insurance doesn't cover.
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