Sen. Ted Kaufman (D-Del.) never liked the Dodd-Frank financial regulatory reform bill. Though it was strengthened through the legislative process, he still felt it did not do enough to prevent the next financial crisis, dampen dangerous risk-taking on Wall Street or keep the finances of regular families safe. He preferred More…
At a Senate Armed Services Committee hearing Wednesday on strategy for the war in Afghanistan, a discussion of the Obama administration’s approach to securing the southern Afghan city of Kandahar — a crucial test for the escalated war — was overshadowed by a partisan dispute over the meaning of the More…
In a speech given at the SW Graduate School of Banking yesterday evening, Richard Fisher, the president of the Federal Reserve Bank of Dallas, blasted the financial regulatory reform effort currently in conference committee as ineffectual. In particular, Fisher said the bill would do nothing to end the issue More…
Last night, after debating Sen. Bernie Sanders’ (I-Vt.) Audit the Fed amendment, the Senate did not end up voting on it. Why? Two reasons. First of all, Sanders and Sen. Chris Dodd (D-Conn.), the architect of the reform bill, agreed to tweak the amendment to make it weaker — a More…
Senate Majority Leader Harry Reid (D-Nev.) tells Ryan Grim of the Huffington Post that he is leaning toward voting for two controversial amendments: one provision by Sen. Ted Kaufman (D-Del.) and Sen. Sherrod Brown (D-Ohio) to break up big banks and create hard asset and leverage caps, and More…
A group of 10 Democratic senators today reintroduced legislation designed to end the sentencing disparity between powder and crack cocaine — a long-standing push that never quite seems to get enacted.
In a statement, the lawmakers cite the reasoning behind the proposal.
Under current law, possession of five grams of
There are two ways to read this quote that Sen. Carl Levin (D-Mich.) gave to Josh Rogin:
The troop numbers are only one piece of a much larger set of policy adjustments, Levin said, including more trainers, more equipment, and more support for Afghan forces.
“The media has been
Who said cronyism was dead?
Delaware’s governor today tapped a long-time adviser to Joe Biden to fill the Senate seat being vacated by the vice president-elect. Ted Kaufman served in Biden’s Senate office from 1973 to 1994, and currently serves on Biden’s vice-presidential transition team. From Biden’s statement:
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