United States Senate Committee on Finance

Wells Fargo Scandal Wells Fargo founded, in 1928, is currently one of the World’s largest financial institutions. The company had a stellar reputation in the financial industry, known to be an honest and ethical organization. Wells Fargo is under investigations by the Senate Banking Committee and Federal Officials to determine the level of participation of its senior leadership. The investigations will determine that Senior Leadership played a major role in creating an environment and encouraging a culture that defrauded customers and increased profits. The Consumer Financial Protection Bureau (CFPB) determined that they were secretly opening multiple accounts without their customer’s knowledge. CFPB estimated that Wells Fargo employees opened…

health care summit. April 21, 2009 -- Senate Finance Committee Chairman Max Baucus and Ranking Member Chuck Grassley embrace the first of three roundtables of health policy and industry experts to debate the development of health care legislation. July 15, 2009 -- The Senate 's Health, Education, Labor and Pensions Committee passes The Affordable Health Choices Act. The bipartisan bill includes more than 160 Republican amendments accepted during the month-long mark-up, one of the longest in…

house of representatives is one of the two houses of the United States. The lower house of United States Congress with 435 popular elected officials which is often called representative body of federal government. The United States congress is made together with the House of Representatives and Senate, which identify their individual districts in their own state. The main role of this house is basically to vote and pass the laws. The arrangement and powers of the house are established in the…

In the United States Congress there are currently 20 women who are serving as senators. The woman that was first elected as a senator and made history in the United States is Debbie Stabenow, who is the senator for the state of Michigan, and part of the Democratic Party. Senator Stabenow is passionate about many issues like saving the lakes in Michigan, and making healthcare affordable for everyone, but she in not passionate about the immigration issue and fixing the immigration problems that…

functional. The House and Senate make up the legislative branch and together they make up the Congress. The legislative branch creates all laws, controls foreign commerce and interstate, taxing and spending policies, and declares war. The Office of Compliance, Library of Congress, and the U.S. Senate are a few of the legislative branch organizations. The executive branch is made up of the President and his advisors along with different departments and agencies. This branch has the power…

This scandal has caused a huge amount of distrust in the government, which caused the public to oversee anything the government has set forth for American. Watergate has resulted in enactment of a series of new law acts to limit the powers of the president and to increase the transparency of government policies, and also triggered the changes of campaign finance rules, such as the limits of using campaign fund for certain activities. This scandal caused many difficulties for future presidents…

1. a) Just as a democracy should be, Congress is empowered by the people. The House of Representative members have always been elected by the people and as of 1913 when the Seventeenth amendment passed, so is the Senate. In the Constitution, Congress is given specific powers called enumerated powers that are appointed only to this part of the government. Also in Section 1 Article 8 is the elastic clause. This clause gives Congress the power make any necessary and proper laws to carry out its…

paper. If you do then you will learn about Marco Rubio. Marco Rubio was elected as a Republican to the U.S. Senate in 2010 and began his term representing Florida the following year. He wanted the Republican Party’s nomination in the U.S. presidential election of 2016. Rubio’s parents left their Cuba in 1956, during the Fulgencio Batista dictatorship, and moved to the United States. The family settled in Miami, Florida, where Marco Rubio was born on May 28, 1971. His family later moved to Las…

affairs ( health care reform and economic recovery). In fact, both Clinton and Obama are great leaders and skillful speaker. Although Clinton has succeed to the economic expansion, but I prefer Obama because of his accomplishment on health care reform and his effort to rebuild the economy. Therefore, Bill Clinton first duty as a president was to establish a most prosper economic plan and to get into the peak of its expansion because of the highly deficit budgetary in United States. However,…

agree that Congress is not a broken government and those who disagree with the former and argue that Congress is a broken government. While many factors point toward either argument, the most prominent answer is that Congress is, indeed, broken. The design of Congress, the founder’s intentions for Congress, and the Washington Establishment are among some of the many reasons that reveal plainly the brokenness of the government and allow others to see the dysfunction of Congress as well. Congress…