Mike Lillis
Dems Reaping What They Sowed on Rising Credit Card Rates
Congressional Democrats this week have been publicly incredulous that the credit card industry would have the temerity to raise rates and limit lending in the months before legislation restricting those practices takes hold. Indeed, Sen. Charles Schumer (D-N.Y.), who in April asked the Federal Reserve to step in to prevent card issuers from raising rates [...]
Senators Hold Personal Stake in Bailed-Out Banks
The senators who voted last fall to approve the federal bailout of Wall Street hold hundreds of thousands of dollars worth of stock in the very banks that Washington has rescued in the nine months since.
Becoming the Monster
From Politico’s Mike Allen today comes the shocking tale of lobbyists and corporate insiders invited by The Washington Post to meet in intimate, off-the-record pow-wows, not only with Obama administration officials, but also with Post reporters and editors — all facilitated by the newspaper, and all for the bargain basement price of $25,000 – $250,000.
The [...]
LaHood: Consumers Drooling Over Arrival of ‘Cash-for-Clunkers’
As we pointed out last month, environmentalists are none too happy with the recently enacted cash-for-clunkers program, which grants a cash rebate up to $4,500 for drivers who turn in their gas-guzzling vehicles for more fuel efficient models. (In some cases, for barely more fuel efficient models).
But consumers, it seems, are on the edge of [...]
It’s Official: Sestak v. Specter
In an interview with Pennsylvania’s Wayne Independent this morning, second-term Rep. Joe Sestak (D-Penn.) officially threw his name in the ring to take on Sen. Arlen Specter (D-Penn.) in next year’s Democratic primary.
Sestak had been hinting at the run for months. The Hill describes the final hurdle of the decision-making process:
Sestak was expected to run [...]
Franken: From the Front Lines of Controversy to, Well, the Front Lines of Controversy
Al Franken, soon to be the junior senator from Minnesota, is no stranger to controversy after spending the last eight months fighting Sen. Norm Coleman (R-Minn.) over the results of last November’s election. But if Franken thinks he’ll find things any more restful in Washington, he should think again.
That’s because the soon-to-be-sworn-in freshman is slated [...]
Reid Urges Quick Certification of Franken
It’s only a few minutes old, this news that the Minnesota Supreme Court, at long last, has ruled Al Franken the winner of last November’s Senate election. But Democratic leaders in Washington are already celebrating.
Senate Majority Leader Harry Reid (D-Nev.) just issued a statement calling on Minnesota Gov. Tim Pawlenty (R) “to respect the votes [...]
Sen. Robert Byrd Goes Home
So says The Hill, which is reporting that the 91-year West Virginia Democrat was released from the hospital Tuesday after more than six weeks of treatment for various infections.
“I am pleased to be home in anticipation of celebrating our nation’s birthday with my loving family,” the senator said in a statement, according to the Hill. [...]
Obama EPA Grants California Emissions Waiver
Following through on earlier promises, the Environmental Protection Agency today approved a request by the state of California to fight global warming by reining in auto emissions. Because 13 other states and the District of Columbia have jumped on California’s waiver proposal, the move effectively creates a new national emissions standard that will force the [...]
DeMint: Uncommitted on the Fate of Sanford
As Dave pointed out last week, some conservatives aren’t mincing words about their desire to see disgraced South Carolina Gov. Mark Sanford (R) step away from the national stage following revelations of an extramarital affair. Others, though, are treading much more carefully around the issue, favoring a strategy of wait-and-see.
Sen. Jim DeMint (R-S.C.), for example, [...]
