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Michele Bachmann faces congressional ethics probe

MIchelle BachmannRep. Michele Bachmann (R-Minn.) is under investigation by the Office of Congressional Ethics for alleged misuse of campaign funds, as first reported by the Daily Beast.

“There are no allegations that the Congresswoman engaged in any wrongdoing,” said her attorney, William McGinley of Patton Boggs. “We are constructively engaged with the OCE and are confident that at the end of their Review the OCE Board will conclude that Congresswoman Bachmann did not do anything inappropriate.”

An OCE investigation is a preliminary probe; the office can either dismiss a case or recommend a full House Ethics Committee investigation.

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Senate budget plan to include Keystone XL approval: GOP lawmaker

Keystone XL pipelineA Republican lawmaker said he expects a symbolic measure to approve the Keystone XL pipeline will be attached to the Senate's budget plan Friday, and that it will build support for a similar bill likely to be voted on later in the year.

Senator John Hoeven, from North Dakota, told reporters his amendment to allow Congress to approve the pipeline would be selected from hundreds of others for a vote, and that it had at least the 51 backers needed to pass.

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Climate Change Denying Congressman to Head Subcommittee on Climate Change

Chris StewartAs the new chairman of a key House subcommittee on the environment, Rep. Chris Stewart (R-Utah) will be one of the GOP's leading actors when it comes to the Environmental Protection Agency and the growing threats from climate change.

So with his first hearing as chairman on tap for Wednesday, what does the freshman Republican—and end times novelist—think about anthropogenic global warming? He's not sure.

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Assault weapons ban dropped from gun bill

Assault weapons ban droppedSen. Dianne Feinstein, D-Calif., said Tuesday she is disappointed that Senate Democratic leaders are dropping her proposed assault weapons ban from a broader gun bill, but she said it will likely make it easier to pass gun-related legislation through the Senate.

Feinstein told reporters that Senate Majority Leader Harry Reid told her Monday afternoon that the ban on certain types of military-style assault weapons and high-capacity magazines would not be part of package of bills that would make up the Senate legislation.

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Dominican police say women paid to accuse US Sen. Robert Menendez

Robert MenendezPolice in the Dominican Republic say they have determined that three women who said they had sex with a U.S. senator for money were in fact paid to make false claims by an attorney in the Caribbean country.

Police spokesman Maximo Baez says officers traced the payments to attorney Melanio Figueroa. Baez says two women received about $425 each and the other was paid about $300 to falsely state on camera that they had sex with U.S. Sen. Robert Menendez of New Jersey.

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Key Dems split with White House on allowing lawsuits over generic drugs

WaxmanKey Democratic lawmakers are at odds with the Obama administration regarding a Supreme Court case on whether patients can sue over dangerous prescription drugs.

The court is scheduled to hear oral arguments Tuesday in a case that deals with lawsuits over generic drugs. A decision in the drug makers’ favor would likely bar patients from arguing in court that a generic drug was too dangerous to be prescribed.

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JPMorgan faces daunting day over derivatives

JP Morgan ChaseJPMorgan Chase and its CEO, Jamie Dimon, have worked tirelessly to put the billions of dollars in “London Whale” trading losses behind the Wall Street firm as it works to restore its once sterling reputation.

But this week, there is a land mine on its road to redemption.

On Friday, the Senate’s Permanent Subcommittee on Investigations will hold a hearing on a highly anticipated report on the bank’s mismanagement of these derivatives trades — putting the firm through Congress’s most strenuous Wall Street wringer.

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