I have a Time.com piece up on Rand Paul’s victory party last night. For a candidate who framed himself as the crusading outsider, the shindig was a pretty genteel, insider-y affair, populated more by personal connections, campaign coordinators and influential backers than Tea Party folks. (There were none of the ubiquitous “Don’t Tread …
As debate over SB1070 continues to rage, The Arizona Republic convenes a panel of experts to parse its practical applications. It should come as no surprise that when and how the controversial new law should be enforced remains open to interpretation. The five-person panel included two Arizona legislators: a Republican who sponsored the …
Bob Schieffer of CBS says that’s what sources are telling him privately about tomorrow’s Pennsylvania Senate primary. (Via Greg Sargent.)
“In all candor, I have been told on background and so forth that the White House is preparing for a Specter loss here, and that the president doesn’t want to be associated with that,” the network’s …
In a Rasmussen poll taken last month, just 11% of voters surveyed said they thought Congress was doing a good job. A March NBC/Wall Street Journal poll — held a few days before the health-care bill’s passage — found that 17% of voters supported the performance of the legislative branch. A full 50% of voters in that poll said they’d …
“The Gulf of Mexico is a very big ocean. The amount of volume of oil and dispersant we are putting into it is tiny in relation to the total water volume.”
-Tony Hayward, CEO of BP, during an interview with the Guardian
President Obama blasted oil company executives today for ducking responsibility for the spill still gushing crude into the Gulf of Mexico. “I did not appreciate what I considered to be a ridiculous spectacle,” Obama said of the Congressional hearings this week. He unloading on the chiefs of BP, Transocean and Halliburton for “falling …
On the second day of hearings into the oil spill still pouring crude into the Gulf of Mexico at an alarming rate, lawmakers pointed to a faulty blowout preventer, the safety mechanism that is supposed to seal a well in the event of an accident. In a blistering assessment, Congressman Bart Stupak of the House Energy and Commerce Committee …
A theme emerged early in the Senate Committee on Energy and Natural Resources Committee hearing into the BP oil spill. For today’s grilling, lawmakers summoned Lamar McKay, president and chairman of BP America, which holds the lease on the Deepwater Horizon rig; Steve Newman, CEO of drilling company Transocean, which owns it; and Tim …
Utah’s GOP holds its convention tomorrow, and Sen. Bob Bennett is in serious trouble. I have a Time.com piece on what’s behind Bennett’s plight here. There have been a number of stories on this topic, and many of them have pointed to Wyden-Bennett, TARP or the senator’s decision to renege on a term limits pledge as the cause of his …
With the debate over Arizona’s new immigation law raging, it was inevitable, perhaps, that this year’s Cinco de Mayo festivities would be politically charged. In Washington, where every shindig serves some political purpose, President Obama used the occasion to blast SB1070 and urge Congress to press ahead with immigration reform. But at …
Now that Florida Gov. Charlie Crist has defected from the Republican Party, his former allies appear intent on scrubbing the stains of the association as quickly as possible. If the party can restock its coffers in the process, so much the better—which is why GOP officials in the Sunshine State are hawking a pricey portrait of …
As my colleague Barbara Kiviat notes over at The Curious Capitalist blog, Goldman Sachs’ legal troubles are deepening. With the firm reportedly mulling settlements with both the SEC and a hedge fund that folded after an ill-fated CDO investment, the Wall Street Journal reported last night that the Justice Department has opened an …
Before heading to Maryland to tour a Secret Service training facility, President Obama gave a 10-minute address in the White House Rose Garden that focused mostly on this morning’s strong economic numbers. As Christina Romer, Chair of the Council of Economic Advisors, noted in the post to the White House blog, real GDP grew for the …
