Elizabeth Warren, in her first year as a U.S. senator, has captured headlines by pressuring such industry titans as Goldman Sachs Chairman Lloyd C. Blankfein for transparency, including a Dec. 4 call for Wall Street banks to disclose their contributions to think tanks that provide financial analysis to Congress.
President Barack Obama must name a Commodity Futures Trading Commission member with the experience needed to ward off Wall Street lobbying over the Volcker rule and speculation limits, nine Democratic senators said.
Senate Majority Leader Harry Reid said he’s weighing a change to the chamber’s rules on handling nominations after Republicans blocked three of President Barack Obama’s choices for a federal appeals court in the past month.
Senate Majority Leader Harry Reid may move ahead with changing rules on nominations as soon as today in response to Republicans’ blocking three of President Barack Obama’s choices for a federal appeals court.
The U.S. Senate changed its rules to let a simple majority confirm most presidential nominees, defying opposition from Republicans who called it the most dangerous revision of its process in more than two centuries.
President Barack Obama’s one-year reprieve for Americans losing health insurance achieved at least one political aim: to slow a Democratic rush toward a bill to curtail Obamacare coming to a vote today in the House.
President Barack Obama’s one-year reprieve for Americans losing insurance and rare display of contrition were meant to quell the political crisis engulfing Democrats over the botched roll-out of his health-care law.