Elizabeth Warren on the Senate floor this evening, delivering one of the most powerful congressional speeches I’ve ever heard, attacking the provision in the omnibus government spending bill that amends the Dodd-Frank banking reform bill to restore the promise of taxpayer bailouts to big banks that lose money on crazy derivative gambling. “On Wednesday I…
Elizabeth Warren just delivered a slashing speech on the Senate floor about the Dodd-Frank rollback provision in the omnibus spending bill. She went through a list of Citigroup alumni holding top positions in the current administration, laid out the imperative for preventing the big banks from making the same crazy derivatives gambles that blew up…
Federal Reserve Vice Chair Janet Yellen will likely secure sufficient votes to be confirmed as the next head of the central bank, according to one of her harshest critics in the Senate who sits on the banking panel that will vet her for the job. David Vitter, the Louisiana Republican who voted against her nomination…
It’s sort of fun watching Democrats and liberals do headstands over the political redemption of Mark Sanford, the disgraced Republican ex-governor of South Carolina who was handily elected to the House of Representatives in a special election. Here was a champion of conservative values who narrowly escaped impeachment just four years ago after disappearing from…
After Nancy Pelosi asked the House Ethics Committee to look into the Anthony Weiner sex scandal, The Washington Post talked to the former staff director of both the House and Senate ethics committees, Robert Walker. He made the sensible point that there’s nothing to investigate unless somebody shows some evidence that a law or congressional…
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