A Move to Revive Glass-Steagall

Ten years ago, Congress dismantled the decades-old Glass-Steagall Act, breaking down the firewalls between commercial banks and securities houses, and helping Wall Street firms grow into the too-big-to-fail institutions that exist now. There’s been a great deal of debate about the extent to which the death More…

House Dems Are Working to Persuade Senate Dems on Climate Bill

PITTSBURGH – Rep. Jay Inslee (D-Wash.), a strong progressive voice on climate change, made a surprise appearance at an environmental panel here at Netroots Nation. He urged the liberal bloggers present to apply their energy to get a climate bill passed in the Senate.

I asked him what he and More…

‘Cash for Clunkers’ Finds its Congressional Sponsors

How’s this for a stimulus plan?

A trio of senators introduced legislation today allowing owners of gas-guzzlers to trade their vehicles in for thousands of dollars in credit on a more fuel-efficient car.