US-NEWS Summary

Sep 15, 2011, 10:52 p.m.

Senate panel keeps budget boosts for SEC, CFTC

WASHINGTON (Reuters) - Securities and futures regulators will see large budget increases to help them implement sweeping new financial regulations under a bill approved by the Senate Appropriations Committee on Thursday. The plan, which will now go to the full U.S. Senate for a vote, would give the Securities and Exchange Commission a fiscal 2012 budget of $1.407 billion, an increase of roughly 19 percent from its current fiscal 2011 budget of $1.185 billion.

U.S. gets set to sanction BP, contractors

WASHINGTON (Reuters) - The U.S. offshore drilling regulator could issue sanctions as early as next week against BP and the major contractors involved in last year's Gulf oil spill, an agency official said on Thursday. Michael Bromwich, the head of the Bureau of Ocean Energy Management, told reporters at a congressional hearing the agency was preparing official notices for violations uncovered by a government probe of the spill.

Analysis: Bachmann vaccine comments toxic, doctors say

CHICAGO (Reuters) - No matter how much the U.S. medical community repudiates the suggestion by presidential candidate Michele Bachmann that a vaccine for human papillomavirus (HPV) is dangerous, doctors fear the damage has already been done. Physicians are bracing for more parents to refuse the HPV vaccine, which protects against the most common cause of cervical cancer, for their daughters.

Most Recent