Ezra Klein has an interview with Sen. Lindsey Graham that explores Graham’s opposition to moving on immigration legislation before tackling a climate bill. As the piece’s title quote suggests, to an extent Graham comes off like a parent trying not to offend either of his difficult children. But it’s a fairly candid Q & A, and one worth …

Two days after Goldman Sachs execs were battered by a Senate subcommittee during a hearing into its role in the financial crisis, the New York Post reports the firm, which has vehemently denied the SEC’s fraud allegations, is moving toward a settlement in the case. From the Post’s story:

“It’s almost a certainty that there will be a

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Incensed by Arizona’s stiff new immigration law, Rep. Raul Grijalva, the Democrat representing the state’s massive 7th district, took the unusual step of calling for a commercial boycott of his own state even before Gov. Jan Brewer signed the measure. Since then the boycott theme has gained traction, with lawmakers in Los Angeles and San …

By the time Carl Levin – who has not passed up a chance to swear today – had the opportunity to tussle with Lloyd Blankfein, he had spent hours belaboring his central gripe with Goldman. Namely: that the Wall Street behemoth sold consumers products Goldman believed were close to worthless while shorting those assets themselves. “To …

For more than five hours, Senators laid into the four current and former Goldman execs sitting on the first of three panels today. The inquisitors took markedly different approaches. Democratic Sens. John Tester of Montana and Mark Pryor of Arkansas adopted a softer tone, and at times Tom Coburn, the ranking minority member of the …

There is a reason Congressional hearings are relegated to C-SPAN: they can be soul-crushingly boring. There’s only so long one can watch rich people berate richer people for being greedy. The Goldman hearing has conformed to a familiar pattern. Senators begin with pointed questions and descend into demagoguery; the bankers force stoic …

The Senate Permanent Subcommittee on Investigations will grill Goldman Sachs execs this morning, a day after releasing reams of documents that appear to show — despite Goldman’s testimony to the contrary — that the firm raked in money by shorting the housing market. I have a preview here, and we’ll be following along as the hearing …

Tomorrow morning, the Senate Permanent Subcommittee on Investigations will hold a hearing into the role investment banks played in the financial crisis. To show how Wall Street’s titans “spread poison through the system,” as Sen. Carl Levin put it today, the subcommittee chose months ago to focus its investigation on Goldman Sachs — a …

Updated, 4:40 p.m.

At a naturalization ceremony held this morning for active-duty service members, President Obama called on Congress to take up immigration reform, pointing to Arizona’s controversial immigration bill — which some observers have denounced as draconian, or even fascist — as underscoring the need for new federal …

While Republicans were quick to note that the timing of the SEC’s suit against Goldman Sachs was perfect for Democrats, it was even more propitious for the agency itself. The charges against Goldman shunted from the headlines a scathing report by the SEC’s inspector general on the agency’s failure to act on suspicions that Texas …

Adam linked this morning to a Politico piece that contends the media, after mostly missing the Tea Party’s emergence, has since spilled way too much ink on the movement. Certainly many Swamplanders have made this argument already. Dave Weigel has a fair rebuttal, I think: “If a political movement, however loosely aggregated, is driving …

At the start of today’s press briefing, Robert Gibbs did his best to tamp down suggestions that the SEC’s case against Goldman Sachs was linked to the Obama Administration’s ongoing push for financial regulatory reform. “The SEC doesn’t notify the White House of its enforcement actions and certainly didn’t do so in this case,” Gibbs …