Topic: Charles Schumer

Senators wade into flood insurance fray again

NEW YORK (Reuters) - Two members of the Senate have revived the debate over the federal government's flood insurance program, with one pushing to extend the program before it expires and the other demanding faster payment on existing claims.The National Flood Insurance ...
Durbin, Schumer draft Senate measure that would delay flood insurance requirementIllinois Sen. Dick Durbin and New York Sen. Charles Schumer are pushing a measure that would stave off the mandatory purchase of flood insurance in areas newly designated by the Federal Emergency ...

FINANCIAL REPORTING

This article reports on Senator Charles Schumer's calls on the Big Four auditors, Deloitte Touche USA LLP, Ernst Young LLP, KPMG and PricewaterhouseCoopers LLP, to make sure clients are aware of policy regarding the modifications of subprime loans at risk of default. ...
Senate health committee Democrats put finishing touches on public insurance optionSenators on a key committee are putting the finishing touches on a government health insurance option that they hope will win broad support among Democrats and the public.According to a draft summary ...

Bury Harry And Louise

When the Clinton administration attempted major health reforms in 1993 and 1994, industry groups rose up to crush them. The Health Insurance Association of America funded a series of ads featuring Harry and Louise, a generic American couple of the future, grumbling ...
Democrats seeking compromise on how to expand government's role in health insurance coverageDemocrats are seeking a compromise on a bigger government role in insurance coverage as part of President Barack Obama's proposed health care overhaul.At issue is whether middle-class workers and families ...

Downsides of Retail Credit Cards

Downsides of Retail Credit CardsBy Ryan P SmithAre you considering applying for a retail credit card? Despite all of the great deals that these cards may have to offer, however, there are many downsides to having a retail credit card that you ...
Troubles in Midwest and Former Housing Boom Areas Push New Foreclosures to an All-Time HighHomeowners, struggling to deal with sharp increases in their adjustable mortgage payments, got hit with a record number of foreclosure notices in the spring as the crisis in ...
Sen. Schumer Presses Regulators to Do More to Help Struggling Homeowners Avoid ForeclosureSen. Charles Schumer urged federal regulators Wednesday to do more to help certain homeowners struggling to make mortgage payments.The Democratic senator from New York made his plea in a letter ...