House Panel

House Panel Backs $642 Billion Defense Bill
WASHINGTON (AP) — A House panel has backed a $642 billion defense bill that adds billions more to President Barack Obama’s budget in addition to projects the Pentagon doesn’t want. The Armed Services Committee vote Thursday morning was 56-5. The committee backed the construction…
Corzine Blames Predecessors For MF Global’s Fall
WASHINGTON (AP) — Jon Corzine will tell a House panel Thursday that he doesn’t know the location of client money that went missing when MF Global failed. And he will argue that he inherited a firm doomed by his predecessors’ bad financial decisions. Yet Corzine says he accepts r…