David Vitter
Must-See TV: Warren Slams Bank Bailout Bill
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 spoke to Democrats who are against bailouts. On Thursday I spoke to Republicans who say they’re against bailouts and asked them to vote their beliefs. Today I’m talking about a third group that has tremendous power in Washington, Citigroup.”
Sen. Warren in Historic Blast vs. Banks. Video to Come
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 in everyone’s faces six years ago. The provision would ease regulation of derivatives and promise future taxpayer bailouts for banks that lose big on derivatives bets.
Janet Yellen's Harshest Critic Admits She'll Be Confirmed as Federal Reserve Chair
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.
Mark Sanford Wins: When Party Trumps Character?
Mark Sanford has made it all the way back to recover his old House seat. It seems GOP voters hate Democrats more than tawdry sex scandals.
Weiner Mania: A Puny Vice Is Making Us Nuts
America’s going crazy over Anthony Weiner as though we’d just discovered that men are horny so-and-so’s who can’t keep their zippers up. Doesn’t anyone remember King David and Bathsheba? And why isn’t anybody yelling about Senator David Vitter?