Bailout and Financial Crisis News

In a preview of what is likely to be a flurry of amendments from Democrats and Republicans on the bill to overhaul banking rules, Sen. Bernie Sanders (I., Vt.) on Wednesday said he would offer amendments on the Senate floor to “limit credit card interest rates and discourage” secrecy at the Federal Reserve, two populist [...]

Senior Obama administration officials say the nation’s economic recovery could stall if Congress doesn’t pass a climate bill this year. The officials warn that investors are so uncertain about the future cost of emitting greenhouse gases that they are sitting on capital rather than pouring it into “clean” technology, new power plants or energy-intensive manufacturing. The administration [...]

It’s not that we want to delve into contentious Mid East — though it is a huge story — but we have been highlighting the fraying US-Israeli relationship as evidence that healthcare reform is blotting out the sun. See, we’ve been stunned by the lack of conservative uproar over Obama and Israel. That all changes this evening, [...]

One of the big “improvements” to the healthcare plan, this time around, is the removal of a special perk for Nebraska that Democrats dangled in order to get Senator Ben Nelson to vote “YES”. The solution actually was to give all states the same perk. But the President has been making a big deal out of the [...]

By this time next week, the guests on the Sunday news shows will likely be explaining their Obamacare votes, and if it passes, they’ll be grasping for any line that will save their re-election. In the meantime, it sounds as though The White House is growing increasingly confident that reform will pass. Press Secretary Gibbs said [...]

In all the talk about healthcare and everything else, this story got shockingly little attention. VP Joe Biden went to Israel, and actually made pointed comments about Israel settlements, and his belief that they’ve been an impediment to Peace in the Middle East. It’s obvious what’s going on. Obama is using the Vice President to say things [...]

The Obama administration is considering a Maryland regulator awarded “Consumer Advocate of the Year” and a Massachusetts economics professor known for his Social Security expertise to join Janet Yellen as nominees to the Federal Reserve Board. Yellen, president of the Federal Reserve Bank of San Francisco, is on the administration’s short list to replace Federal Reserve [...]

This speech is taken from the Senator’s remarks on the floor on March 10. “The American people are looking at what’s going on in Washington right now and they’re wondering what the White House and Democrat leaders in Congress are thinking. “The fact that we’re still even talking about a health care bill that raises costs, increases [...]

(This guest post originally appeared on Congressman Boehner’s blog) A new White House blog post marks the beginning of the Obama Administration’s last-ditch, 11th-hour, now-or-never, line-in-the-sand, this-time-we-really-mean-it push for a government takeover of health care by railing against - wait for it - higher insurance premiums. The American people’s health care costs are going up, you say?  [...]

(This post previously occurred at The White House blog) The last few days have brought even more evidence that the health care status quo is working out great for the insurance companies – at the same time as it continues to fail American families and businesses. No wonder the insurance companies are spending millions and millions [...]

« Previous entries