Not Beating Elizabeth Warren, GOP Admakers Try to Join Her

Back in early November, the Republican independent expenditure juggernaut Crossroads GPS wanted to take Democratic Senate candidate Elizabeth Warren down a peg, so they cut an ad insinuating that her attempts to rein in big banks had put spark to the dry tinder in Zuccotti Park. “Elizabeth Warren sides with extreme left protests,” a narrator said over the squall of sirens. “At Occupy Wall Street, protesters attack police, do drugs and crash public parks…. But Warren boasts, ‘I created much of the intellectual foundation for what they do.’” The message was in keeping with that of the campaign of Massachusetts Senator Scott Brown, whom Warren is running against, which has been busy trying to paint Warren as an out-of-touch Harvard academic whose work on financial regulation was just too radical for the nice blue-collar folks of Massachusetts. Well, it didn’t exactly go as planned.

Tim Geithner Owns the Economy, Too

Official White House photo

Treasury Secretary Timothy Geithner, the last remaining principal from President Obama’s original economic team, apparently may step down once the debt ceiling gets sorted out. The obvious point to make about Geithner is that he’s a survivor. He almost didn’t get confirmed because of tax problems; his job seemed to be in constant danger early [...]

Financial Regulatory Committee Conference to Reconvene

Senate Banking Committee Chairman Chris Dodd stood an hour ago in the Senator’s Retiring Room off of the Senate floor in an intense conversation with Massachusetts Senator Scott Brown – one of surely many they will have today. Dodd is trying to get Brown, one of four Republicans who voted for the Senate version of [...]

Hank Paulson Takes Your Questions

Every want to ask the former Treasury secretary what he actually said to Nancy Pelosi when he got down on his knees in front of her at the White House days before TARP passed? Or find out why he let Lehman fail while bailing out Bear Sterns and AIG? And how much did he really [...]

Between Furious and Astounded

That’s where bailout watchdog Elizabeth Warren finds herself these days. She talked about that and more this morning on C-SPAN’s “Washington Journal”:

How Will Obama Pay For Stimulus 2.1? (or 3.0, 3.1, whatever you want to call it)

First, let me take us back, to a dark time just over a year ago, when the financial markets were collapsing, and Treasury Secretary Hank Paulson went hat in hand to Congress, begging $700 billion for a program called TARP. On September 24, 2008, Paulson described the program this way: The $700 billion program we [...]