hearing

AIG CEO Edward Liddy said today that he’s asked AIG employees who received bonuses larger than $100,000 to give half the money back, and that some AIG employees have agreed to give the entire payment back. But Liddy refused to provide Congress with the names of who’s given back what, noting that AIG employees have [...]

Most observers agree that Al Franken’s (DFL-Minn.) election to the U.S. Senate is not a matter of if, but when. Not so for newly minted Republican National Committee Chairman Michael Steele, though. Here’s a statement he released this morning:
“I proudly stand in support of Senator Norm Coleman’s pursuit to see that Minnesota’s voters are enfranchised [...]

If you’re near a television set, pick up your remote and go to CNN or MSNBC right now. In one minute Rod Blagojevich will have the floor of the Illinois State Senate, and the ear of the nation, for an hour and half as he delivers the closing argument to his corruption/impeachment saga.
Will he resign? [...]

The antagonism to President-elect Barack Obama’s nomination of Eric Holder to attorney general seems to be crumbling, despite Sen. Arlen Specter’s (R-Penn.) best efforts. Today, Sen. Orrin Hatch (R-Utah), a former chair of the Senate Judiciary Committee, broke ranks with Senate Republicans and announced he will support Holder. Two former members of the President George W. [...]

The Environmental Protection Agency and its beleaguered administrator, Stephen Johnson, have managed to stay out of the news for about two months. But the agency was the focus of a Senate environmental committee hearing yesterday on yet another pollution law being ignored by the Bush administration.

On an afternoon where the Dow Jones industrial average sank 440 points, the House oversight committee scheduled two days of hearings to look at a global financial crisis that has no end in sight. The committee has requested Richard Fuld, CEO of the now bankrupt Lehman Brothers investment bank, to testify. Three former CEO’s of [...]