Senate

Holding Regulatory Reform to Help Lincoln?

For more than a week, I’ve been wondering why Senate Banking Committee Chairman Chris Dodd and that committee’s top Republican Ricahrd Shelby haven’t introduced their managers’ amendment, the final piece that will allow financial regulatory reform to pass the Senate. The bill was scheduled to be finished, after all, at the end of …

Alter’s New Book

The first draft of history is always going to be controversial, especially when it’s on something as touchy as health care reform – monstrous legislation the full effects of which we will not know for years to come. So it should probably come as no surprise that Jonathan Alter’s take on Barack Obama’s first year in the White …

How The Ratings Agencies Were Tamed

A few weeks ago, as Congress raked various Goldman suits over the coals for peddling financial products they had later bet against, some observers complained lawmakers’ ire was being directed at the wrong culprits. It was the ratings agencies, the critics argued, that had made these doomed-to-fail packages of debt glimmer and shine. (Our …

Senators In Space

TIME’s Katy Steinmetz pulls together the best lead I have read all morning:

In terms of Senate hearings, this one had all the right stuff: high stakes, passionate speeches, shutdowns and — as if that weren’t enough — astronauts with a score to settle. Not just any old astronauts either. Attending the Senate Commerce, Science and

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