DES MOINES — Texas Gov. Rick Perry swung through Des Moines on the caucus campaign trail last week, bringing a touch of Texas swagger to the Iowa Credit Union Convention while again railing against federal regulations.
TWI’s Annie Lowrey and the Heritage Foundation’s Conn Carroll recorded an episode of Bloggingheads.tv that went up today. The theme? The political ironies of the day: Could the oil spill sink climate legislation? How does the Greek bailout affect the Obama presidency? How are amendments to financial regulatory reform bringing More…
The Hill reports on the battle brewing between liberal and conservative Democrats over whether to move forward with a clean energy bill that does not address carbon emissions or to roll some of that bill’s provisions into a larger energy and climate bill. Ultimately, that question could be answered More…
Sen. Chris Dodd (D-Conn.) is calling the Republicans out: The Senate plans to give them the opportunity to vote for or filibuster the financial regulatory reform bill as soon as Wednesday, Brian Beutler at Talking Points Memo reports.
Democrats need one Republican crossover to break a filibuster and move More…
At the end of last week, the Obama administration reportedly told Senate Democrats to drop the $50 billion liquidation fund — often referred to as a “bailout fund” — from the financial regulation bill as a concession to Republicans. Senate Democrats broached the deal with Republican leadership. They More…
Derivatives — traded contracts whose price is derived from something else, like a stock, commodity, or interest rate — are the biggest remaining battleground in the financial regulations bill due for a Senate vote by the end of the month. Off the Hill, the loudest objections to a plan More…
Rachel Hartman has a great roundup of what conservatives are saying about the upcoming Supreme Court battle. But it’s not just on the right that Justice John Paul Stevens’ retirement is causing intense speculation. Environmentalists are also fretting about the implications of Stevens’ exit for the country’s climate struggles. More…
Next week, Congress is back in session, and financial regulation will occupy much of the legislative calendar in and mental capacity of Washington for the next month or two. The proposed legislation imposes stronger capital requirements and creates a Consumer Financial Protection Agency, among other provisions. But it cannot More…
This morning, the Financial Crisis Inquiry Commission heard from Robert Rubin and Charles Prince, the former heads of banking behemoth Citigroup.
Prince opened his remarks with regrets. “I’m sorry,” he said. “I’m sorry the financial crisis has had such a devastating impact for our country. I’m sorry about the More…
I’m thrilled and proud to introduce the newest member of the TWI team, Annie Lowrey. Annie is wrapping up her illustrious stint as an assistant editor at Foreign Policy; previously, she worked in the Washington bureau of The New Yorker.
With the health care debate now (more or less) behind More…
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