“In a more thoughtful body, he could lose his position.”
That’s Rep. John Conyers (D-Mich.), speaking to Politico’s Victoria McGrane about the left-right coalition forming against Federal Reserve Chairman Ben Bernanke. A campaign that united the likes of Sen. Jim DeMint (R-S.C.) and Sen. Bernie Sanders (I-Vt.) probably got More…
At tonight’s reception celebrating “Tea Party: The Documentary Film,” I asked Rep. Joe Wilson (R-S.C.) and FreedomWorks Chairman Dick Armey about the news that Sen. Bernie Sanders (I-Vt.) may put a hold on the nomination of Ben Bernanke for a second term at the Federal Reserve.
“I actually respect More…
Investigators have determined that Bill Sparkman, the census worker who was found dead with an anti-federal government message scrawled on his body, committed suicide. There’s some political news here: Coming as it did the day of the taxpayer march on Washington, days after Rep. Michele Bachmann (R-Minn.) became the More…
Breaking news from The Associated Press:
A Kentucky census worker found naked, bound with duct tape and hanging from a tree with “fed” scrawled on his chest killed himself but staged his death to make it look like a homicide, authorities said Tuesday.
The Federal Reserve on Thursday proposed a new program of monitoring executive compensation at the nation’s largest financial institutions, a move designed to prevent banks from using pay incentives that encourage risky transactions like those that recently toppled the global economy.
Jason Pye reports that Rep. Barney Frank (D-Mass.) will schedule an October committee vote on HR 1207, the “audit the Federal Reserve” bill introduced by Rep. Ron Paul (R-Texas).
We will subject them to a complete audit. I’ve been working with Ron Paul, who’s the main sponsor of that
As the Wall Street bailout nears its first anniversary, the controversy over giving public money to private banks has become public knowledge. But an equally risky aspect of the financial rescue has flown largely under the radar: the government’s reliance on private contractors – many with potentially significant conflicts of More…
Amid the clamor over the crisis on Wall Street, the U.S. Treasury’s $700 billion Troubled Asset Rescue Program, or “TARP,” bill and the evolving collapse of the global banking system, little attention has been paid to the extraordinary credit extensions at the Federal Reserve. But these are now without parallel More…
He doesn’t know this yet, but I’m putting in a bid to purchase Bruce McCall.
I like and admire Bruce, but that has nothing to do with my plan. I happen to know that he’s up to his ears with a mortgage on his condo. Since that mortgage has More…
Sen. Barack Obama spoke out in more detail on the Fed-Treasury bailout plan on Friday, stressing that while the U.S. faces one of “the most serious financial crises in this nation’s history,” he backs a progressive approach, grounded in the reality that “we are all in this together.”
According to More…
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