House Agrees to Financial Regulation Changes
Jeffrey ErnstFriedman | July 01, 2010
June 30, 2010 - The House of Representatives agreed to the Conference Report for HR 4173 on Wednesday. The vote (237-192) was basically split along party lines with 22 members switching sides: three Republicans joining Democrats in passing the measure and 19 Democrats voting against it. The Senate will not address the bill until after the July 4th recess.
Bank Money Puts the Brakes on Financial Reform
Jeffrey ErnstFriedman | June 29, 2010
June 29, 2010 - Sen. Scott Brown has withdrawn support for the conference report on financial regulations reform (HR 4173) putting its chance of success in jeopardy. The Washington Post reports the objection centers around " a plan to charge large banks and hedge funds nearly $20 billion to pay for the legislative overhaul."
Wall Street Split on Conference Report
Emily Calhoun |
June 29, 2010 - Although the financial sector supports some of the more modest reforms, the conference report on HR 4173 continues to garner widespread opposition from Wall Street.
Elena Kagan vs. Gun Money
Chad Outler |
June 28, 2010 - The nomination of Elena Kagan to serve on the United States Supreme Court has drawn scrutiny from the powerful pro-gun lobby.
Congress’ Legislative Response the BP Deepwater Horizon Oil Spill
Owen Poindexter |
June 28, 2010 - As oil continues to spill into the Gulf of Mexico following BP's Deepwater Horizon disaster, legislators in both parties have been quick to respond. Examining campaign contributions reveals that those receiving the most from big oil predictably are championing bills that go the lightest on the industry.
Sen. Daniel Inouye Sworn in as President Pro Tem
Jeffrey ErnstFriedman |
June 28, 2010 - With the passing of Sen. Robert Byrd (D-WV), Daniel Inouye of Hawaii was sworn in on Monday as the Senate President pro-tempore.
Rep. Patrick Murphy Introduces Transparency Rules for Out of District Political Spending
Emily Calhoun |
June 24, 2010 - An amendment to the DISCLOSE Act will allow local voters to know if political expenditures are being made by donors outside their district.
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