CIA Withheld Medical Information From the Justice Department to Obtain Torture Approvals

It’s almost enough to generate sympathy for Jay Bybee and John Yoo, the two heads the Justice Department’s Office of Legal Counsel in 2002 who signed off on the infamous torture memos. According to the 2004 CIA inspector general’s report on torture, Bybee and Yoo didn’t make their decisions More…

U.S. May or May Not Establish a Single Banking Regulator

The Washington Post, this morning:

Senior administration officials are considering the creation of a single agency to regulate the banking industry, replacing a patchwork of agencies that failed to prevent banks from falling into the worst financial crisis since the Great Depression, sources said.

Bloomberg, today:

House Financial Services Committee

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Agency at Forefront of Mortgage Crisis Making a Comeback

Just a few months ago, after the failures of Washington Mutual and IndyMac Bancorp shook the financial world, industry consultant Bert Ely would have bet it was time to shut down the Office of Thrift More…