Senators have criticized Goldman Sachs Group Inc. for profiting from the housing collapse. And Congress is considering legislation to curb Wall Street risk-taking, including the use of financial instruments known as derivatives and of leverage, or methods that amplify returns.
According to The Journal's analysis of congressional disclosures, investment accounts of 13 members of Congress or their spouses show bearish bets made in 2008 via exchange-traded funds—portfolios that trade like stocks and mirror an index. These funds were leveraged; they used derivatives and other techniques to magnify the daily moves of the index they track.
About a dozen former CIA officials named in a classified Senate report on decade-old agency interrogation...
Federal job training programs will see their biggest overhaul in 16 years after President Obama put...
Rep. Curt Clawson (R-Fla.) addressed what he believed were two members of the Indian government at...
Senate Republicans on Wednesday blocked a bill aimed at restoring free contraception for women who get...
