John McCain’s campaign welcomed news of an agreement in principle on Thursday between congressional Republicans and Democrats on a bailout of the financial industry. But the Republican wasn’t yet ready to say he would attend the presidential candidates’ first scheduled debate on Friday. McCain spokesman Brian Rogers said: “There’s no deal until there’s a deal.” [...]
House and Senate negotiators from both parties said Thursday that they had reached general agreement to move forward with the Bush administration’s proposed $700 billion rescue effort of the nation’s financial system. Emerging from a nearly three-hour meeting in the Capitol, Republicans and Democrats said they would continue working through the day to complete the [...]
Joe Lazar, a first-time candidate for public office and a retired government employee, told the New York Sun in an exclusive today that he intends to run against incumbent Councilman Simcha Felder if term limits are extended. “I have every reason to continue running, no matter what happens,” Mr. Lazar told the New York Sun. [...]
Greenhouse gas is on the auction block as a coalition of 10 northeastern states holds the nation’s first sale of pollution credits aimed at curbing global warming. The three-hour Regional Greenhouse Gas Initiative auction, starting at 9 a.m. Thursday, is being run by World Energy, an operator of online green exchanges. It will be conducted [...]
The City Planning Commission approved Mayor Bloomberg’s plan to redevelop Willets Point today, as expected. The city hopes to transform the industrial area into a mixed-use development that will include a convention center, 5,500 units of housing, and office and retail space. The Willets Point plan will now move to the City Council for a [...]
Assemblyman Greg Ball said he voluntarily sent dozens of records to Assembly Speaker Sheldon Silver to prove his innocence over allegations that he sexually harassed a former staffer. The state Assembly Ethics Committee met behind closed doors today to consider disciplinary action against some lawmakers who have been accused recently of ethics breaches, including possibly [...]
City Council members are calling on the state to give New York City children the day off from school on two Muslim holidays. On Friday, the council will debate a resolution urging the state Legislature to pass a law declaring the Muslim holidays of Eid ul-Fitr and Eid ul-Adha to be observed holidays in the [...]
Mayor Bloomberg used a secret fund to reward City Council allies with $20 million for their districts – some of it going to questionable organizations, he revealed Wednesday. The mayor first acknowledged his slush fund last spring in the wake of a Council scandal over taxpayer dollars flowing to fictitious groups and nonprofits controlled by [...]
A Siena College poll released yesterday showed the Senate’s Republican majority may hinge on two veteran Republican senators who are deadlocked with Democratic challengers in the districts they’ve represented for decades. Republican Senator Caesar Trunzo, who has represented the 3rd Senate District in Suffolk County since 1972, led Democrat Brian Foley 46% to 40%. That’s [...]
Representative Charles B. Rangel has delivered six checks, totaling $10,800, to New York State and to the I.R.S. to pay the back taxes he owes from rental income on his Dominican villa, his legal team announced on Friday Mr. Rangel acknowledged this month that he had failed to declare $75,000 in rental income from his [...]
