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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Richard Shelby

Richard Shelby stories: 13 news summaries

Wall Street Doing Its Best to Buy Schumer

Hands NY Dem $1.65M as vote looms on new financial regulations

(Newser) - With a vote looming on Barack Obama’s plan to revamp financial regulations, Wall Street has shoveled $10.6 million into Senate campaign chests this year. Most of that money, $7.7 million, has gone to Democrats, and more than 15% has gone to one man: Chuck Schumer. Schumer’s... More »

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Wall Street Charles Schumer Richard Shelby bank regulation Kirsten Gillibrand financial reform



 Meet the 
 Birthers in 
 Congress 

Salon calls out lawmakers reluctant to admit Obama's
a citizen

(Newser) - The “birther” movement isn’t relegated to backwoods crazies—many members of Congress are perfectly willing to throw fuel on the fire. Salon calls out the Hill’s known birthers:
  • Rep. Bill Posey: Congress’ first birther, the Florida Republican is the sponsor of a bill requiring presidents to
... More »

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Barack Obama James Inhofe Richard Shelby citizen Republicans birth certificate Bill Posey birther Dan Burton

ANALYSIS

Congress Wary of Fed's Growing Power

After decades of deference, legislators turn on central bank

(Newser) - Tim Geithner testified before the Senate Banking Committee yesterday, but as the Washington Post reports, it's not the Treasury but the Fed whose growing powers most worry legislators. Republicans and Democrats are both venting that Ben Bernanke's office did little to stop the excesses of the boom years, only to... More »

TALK SHOW ROUNDUP

Hillary: Obama 'Absolutely' Able to Handle 3am Call

Secretary of state puts Iran, N. Korea on notice

(Newser) - Hillary Clinton made her first Sunday show appearance as secretary of state today, vowing “there would be retaliation” against Iran if it attacked Israel, and that Washington might return North Korea to its state terror list. Clinton, speaking on This Week a year to the day after she ceded... More »

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Iran health care Barack Obama Hillary Clinton Israel North Korea Newt Gingrich Richard Shelby health care reform David Axelrod

Banks Raised $56B Since Tests: Geithner

Stress assessments boost confidence, have helped markets heal

(Newser) - Government stress tests boosted confidence in the nation’s biggest banks and helped them raise $56 billion in needed capital, Treasury Secretary Tim Geithner told Congress today. His remarks were met by bipartisan skepticism, with members noting that smaller institutions still face severe challenges, the Wall Street Journal reports. “... More »

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bank Chris Dodd Richard Shelby Senate Banking Committee Obama administration Timothy Geithner TARP stress tests

Sen. Shelby Questioned Obama Citizenship: Paper

Senator slams quote as 'distortion'

(Newser) - Sen. Richard Shelby may be a “birther”—one who questions whether Barack Obama is in fact a natural-born American and therefore eligible to be president, Salon reports. When asked about Obama citizenship rumors, the Alabama Republican replied: “His father was Kenyan and they said he was born... More »

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Alabama Richard Shelby President senator President Obama birth certificate birther

 Meet the GOP's 
 Auto Bailout Busters 

A union-busting, foreign-car loving crew is holding up Detroit's rescue 

(Newser) - With Nissan, Toyota, Volkswagen and other foreign factories dotting the I-65 corridor stretching from Kentucky to Alabama, southern Republican senators relished this week's chance to take a swing at Detroit and the UAW simultaneously. The "bailout fell victim to a nasty confluence of home-state economic interests and anti-union sentiment,... More »

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Toyota Mitch McConnell Nissan Richard Shelby auto industry Big Three Bob Corker auto bailout

TALK SHOW ROUNDUP

 Newt: Palin's 
 Not It in 2012 

Group of frontrunners will emerge, Former House Speaker predicts

(Newser) - Newt Gingrich predicts that Sarah Palin will not be the Republicans’ 2012 presidential nominee, the Hill reports. “I think that she is going to be a significant player,” the former speaker of the House told Face the Nation. “But she’s going to be one of 20... More »

Alabama Senator Leads
GOP Charge Against Bailout

$700B bailout doesn't jibe with free-market principles, says Shelby

(Newser) - Republican Alabama Sen. Richard Shelby is proving to be one of the toughest opponents of the Treasury Department's proposed bailout of financial firms, the Wall Street Journal reports. The ranking member of the Senate Banking Committee is leading the charge against the plan by Republicans who view it as a... More »

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Henry Paulson Treasury Department Richard Shelby Senate Banking Committee bailout financial crisis

Prickly Congress Greets Paulson, Bernanke

Dodd, Shelby show skepticism

(Newser) - Ben Bernanke and Henry Paulson implored Congress to swiftly pass a $700 billion bailout bill today, as they testified before the Senate Banking Committee. But there was an air of skepticism in the room. Chairman Chris Dodd’s introduction was noticeably prickly, and ranking Republican Richard Shelby was outright hostile,... More »

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Ben Bernanke Henry Paulson Chris Dodd Richard Shelby Senate Banking Committee financial crisis

Mortgage Deal Close in Senate

Bipartisan bill would expand insurance for refinanced loans, boost feds' oversight

(Newser) - A Senate committee is close to agreeing on expansion of a government insurance program for refinanced mortgages, the Wall Street Journal reports. Though ridden with partisan conflict as recently as a week ago, staff for Democrat Chris Dodd and Republican Richard Shelby said today the sides were nearing a compromise,... More »

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mortgage Chris Dodd Richard Shelby refinanced mortgages Senate Banking Committee bailout mortgage insurance

Housing Bill Clears Key Senate Hurdle

Package of relief measures garners bipartisan support

(Newser) - The Senate voted 94-1 to move a housing legislation package into formal consideration today, reports the New York Times. Banking committee chair Chris Dodd and ranking Republican Richard Shelby now have until noon tomorrow to work out a compromise acceptable to both parties. “Inaction is not an option,"... More »

Senators’ Plane Draws Iraqi Fire

Flight crew of VIP aircraft used evasive maneuvers in 'close call'

(Newser) - An airplane carrying three US senators and a congressman was fired upon by rockets as it left Baghdad last night, forcing the pilot to resort to evasive maneuvers to avoid being struck. Alabama Sen. Richard Shelby described the rocket attacks as “near misses,” CNN reports. “Our plane... More »

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Iraq James Inhofe Mel Martinez Richard Shelby airplane

13 Stories