| Aug 18, 2014
| 2:28 PM
WASHINGTON (Reuters) - A bipartisan group of lawmakers on Monday urged the Federal Reserve to restrict its crisis lending programs for big banks, which were criticized as bailouts during the 2007-2009 meltdown.
During the crisis, the Fed invoked its...
| May 19, 2014
| 12:07 PM
Tim Geithner's valuable career as a civil servant culminated in four high-powered years as Treasury secretary. His recent book about those experiences captures the traumas and tensions of the financial crisis.
He rightly takes credit for what most...
| Apr 29, 2014
| 8:10 AM
The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
| Jan 6, 2014
| 12:35 PM
WASHINGTON — Wisconsin Sen. Ron Johnson filed suit Monday to challenge what he called the Obama administration’s abuse of executive authority in issuing rules over how members of Congress and their staff receive coverage under the president&...
| Sep 27, 2013
| 2:46 PM
Sen. Ted Cruz is a true GOP dilemma.
And he's not going away anytime soon. Cruz zealously poked his own party while shaping his image as a politician able to jabber almost nonstop for 21 hours while accomplishing nothing of congressional value. That's...
| Nov 14, 2013
| 8:39 AM
WASHINGTON -- Federal Reserve chair nominee Janet L. Yellen strongly defended the central bank's stimulus efforts under questioning at her Senate confirmation hearing Thursday, saying the controversial bond-buying program has helped the economy recover....
| Jan 4, 2014
| 5:57 PM
WASHINGTON — Forget the chicken dinner, the rubbery staple of the political fundraising circuit.
Go alligator hunting with Sen. David Vitter (R-La.) on a Louisiana Bayou Weekend for a campaign donation of $5,000.
Or spend a weekend in Hayward,...
| Jan 22, 2014
| 1:05 PM
In politics, lying is the new sex. Even the lesser sin, exaggeration, is grounds for questions about your suitability to run for office.
Americans may be becoming more like the French in tolerating peccadilloes (just ask Rep. Mark Sanford of South...
| Jan 27, 2014
| 7:37 PM
NEW ORLEANS — Mayor Mitch Landrieu strode into a battered city park in the troubled Central City neighborhood one recent Saturday, stopping to clap a boy on the shoulder and watch him twirl a basketball. Wearing jeans, sneakers and a New Orleans...
| Oct 14, 2013
| 6:28 AM
There are so many to choose from, but these four take the cake. In no particular order:
1. The Vitter amendment. Concocted by David Vitter (R-La.), this majestically cynical measure is based on the common misconception that members of Congress and their...
| Oct 15, 2013
| 8:25 AM
Among the proposals coming from House Republicans this morning to end the shutdown/debt limit standoff is a modified version of the Vitter amendment. I identified this measure Monday as one of the four stupidest proposals to end the crisis.