Us Senate Finance Committee

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  Volkswagen Plays Down Hopes of Quick Answers Over Emissions Cheating

  Volkswagen said today it would take time to get to the bottom of its rigging of diesel emissions tests, hours before the carmaker is due to give updates on its findings to German regulators and US lawmakers.

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  US Senate Votes to Grant President Barack Obama Fast-Track Power on Trade Deals

  US President Barack Obama scored a major victory on Friday when the Senate voted to give him "fast-track" powers that would help wrap up negotiations on a 12-nation Pacific Rim trade deal central to projecting American influence in Asia.

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  Republicans Reject US President Barack Obama's $4 Trillion Budget

  Republicans in control of US Congress summarily rejected US President Barack Obama's $4 trillion budget on Monday, accusing him of "shamelessly pandering" to Democrats ahead of the 2016 Presidential election.

• US Senate panel backs Lew for Treasury secretary

  The Senate Finance Committee on Tuesday backed President Barack Obama's nominee to head the US Treasury, Jack Lew, despite some concerns about his perks from previous employers, clearing the way for a confirmation vote in the full Senate.

• Jack Lew gets Senate committee approval for US Treasury chief

  US President Barack Obama's nominee Jack Lew today received approval of the US Senate Finance Committee to become the treasury secretary, as the ex-White House chief of staff cleared the first hurdle on his way to a full Senate confirmation vote.

• 'Buffett rule’ to yield only $47 bn over 10 years, finds US Congress tax body

  A bill designed to enact President Barack Obama's plan for a "Buffett rule" tax on the wealthy would rake in just $47 billion over the next 11 years.