We now know the story of Barack Obama and the convicted bad guy Tony Rezko, who had a habit for showering money on politicians and seeking favor. A few months after Obama became a U.S. Senator, he bought a house. At the same time, Rezko’s wife bought the land next to Obama’s house, and then [...]
Maria Cantwell intends to vote for the bill, her spokesman tells me. She was won over by a letter from Commodity Futures Trading Commission Chairman Gary Gensler, in which he reassured her the language regulating derivatives is sufficiently clear and enforceable. Cantwell voted against the original Senate version because of concerns that there were loopholes [...]
House Minority Leader John Boehner is having a tough week. He’s been pounded by Democrats for comparing the financial crisis to an “ant” and the financial regulatory reform bill a “nuclear weapon” the Dems have broken out to slay that pesky ant. But adding insult to injury, one of his own, Joe Scarborough, a former [...]
–Nearly 10 years in, the war in Afghanistan may have hit its nadir, at least by one crucial measure: June was the deadliest month yet for coalition forces in Afghanistan. 59 of the 102 casualties were U.S. servicemen. Over to you, Gen. Petraeus. –By some estimates, the BP oil spill is now the largest ever [...]
Ever wonder what oversight Congress was doing before the big oil spill in the Gulf? I did. And asking around the Hill led me to one guy: West Virginia’s Nick Rahall, who for decades has been trying to overhaul or dismantle MMS. If only his leaders had listened to him… Here’s a look at his [...]
A police investigation into your private life is almost never good news. But in this case, it might be what Al Gore needs. If his firm denials are true, he’s been pinned in a miserable spot, with an accuser whose story is all over the Internet and the tabloids–but with no impartial third party capable [...]
As Adam noted last night, despite House passage of Financial Regulatory reform, the bill still seems in peril in the Senate with five of the six holdouts still seemingly wavering. But, frankly, going into a recess why would you declare your vote? If you were, say Scott Brown, would you a) declare that you’re going [...]
