FinReg Back to Conference Committee?

It looks like in lieu of waiting for Sen. Robert Byrd’s (D-W.Va.) replacement to come into the Senate, Democrats might reconvene the conference committee to fix the financial regulatory reform bill, dropping a $19 billion tax on big banks to pay for the cost of reform. Sen. Susan Collins (R-Maine), More…

White House, Congress Complicit in AIG Bonus Scandal

On day four of AIG bonus-gate, the message from Capitol Hill has emerged as clear as it is unanimous: The $165 million paid this week to executives of bailed-out American International Group is “appalling,” “outrageous” and “a breach of public trust.”

Yet as pitchfork populism continues More…