On paper and in the public, most Democrats love Arkansas Senator Blanche Lincoln’s proposal to force banks to divest their derivatives operations. It’s populist and gets at the heart of the credit default mess that caused the financial meltdown. Heck, President Obama even warned he’d veto a bill that wasn’t tough on derivatives. But, behind [...]
In the middle of a meeting in the early evening Wednesday on – what else? – reconciliation, the Senate Sergeant-at-Arms Terrance Gainer interrupted proceedings to speak with the Senate Parliamentarian. Though neither man would discuss what was going on, reports soon emerged: Tea Party protesters were planning to picket the Parliamentarian’s home. It has not [...]
Anyone have that sense of deja vu? We’re into the final debate and we’ve been here before (Monday). But coming from the last votes in the Speaker’s Lobby, there seems to be a decent number of folks who have switched over. John Shadegg, Jim Ramstad and Zach Wamp said yesterday they’re for it. I spoke [...]
