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In the aftermath of scandals at Enron and other companies, Congress four years ago passed the Sarbanes-Oxley Act. I voted for the law which made many improvements to corporate governance and accounting. It strengthened investor protections. It made companies more accountable. It gave law enforcement new tools to fight corporate fraud.
Former UCLA basketball coach and long-time Valley resident John Wooden is a living legend whose record-smashing accomplishments on the basketball court and inspirational leadership throughout his life have won him many accolades.
He mastered what he called, in the title of one of his many books, the Pyramid of Success. He also mastered what he considered the two most important things in his life; a long and loving marriage to his wife, Nell, and a deep devotion to his faith.
RESEDA - Coach John Wooden was honored Saturday, his 96th birthday, at a ceremony formally naming the Reseda post office after the sports legend and long-time San Fernando Valley resident.
Sherman Oaks, CA. - Congressman Brad Sherman on Monday condemned North Koreas nuclear test, but he also branded the development a œcolossal failure of U.S. diplomacy and called for stepped up international pressure on China, North Koreas powerful neighbor and closest ally.
North Korea is now the most dangerous and unstable nuclear state, said Sherman, a senior member of the House International Relations Committee and the Ranking Democrat on the Terrorism and Nonproliferation Subcommittee.
Washington, D.C. - Millions of seniors and disabled who enrolled in the Prescription Drug Medicare Part D program now face the prospect of having to pay the full cost of their medicine.
Coverage stops under most programs when the total cost for drugs exceeds $2,250 for the year. Those beneficiaries must pay all of their prescription medicine costs until their annual outlay reaches $5,100.
The House of Representatives has approved a bill to repeal the ban on banks paying interest on business checking accounts, an issue I have championed as a member of the House Committee on Financial Services.
The Business Checking Freedom Act would allow banks to pay interest on business checking accounts.
The legislation would undo a Depression-era ban that is outdated in todays competitive financial marketplace, and puts a particular burden on small banks and small businesses.
Washington, D.C. - The Child Care Resource Center has been awarded a $5 million federal grant to provide Head Start services to 700 children and their families in the San Fernando Valley, Congressman Brad Sherman announced Monday.
Another $5.5 million will go to Volunteers of America for Head Start programs in the East Valley and elsewhere.
The San Fernando Valley economy remains vibrant and robust. At the heart of our economic success lies the growth and expansion of small businesses. Small businesses fuel our local economy providing innovation and job growth in the San Fernando Valley.
Washington, D.C. - President Bush on Thursday signed legislation authored by Congressman Brad Sherman that names a San Fernando Valley post office for the great UCLA basketball coach, John R. Wooden.
Washington, D.C. - Legislation proposed by Congressman Brad Sherman to name a San Fernando Valley post office for legendary UCLA basketball coach John R. Wooden passed the Senate and was sent to President Bush on Wednesday night.
The House passed Shermans bill on April 5 and sent it to the Senate.