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October 12, 2008 10:34:26 PM CDT

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Stories related to: Congress

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  • September 2008

    • US Zeroes In on Sweeping Rescue Plan

      Wall Street Journal  |  Sep 18, 08 8:35 PM CDT

      US Zeroes In on Sweeping Rescue Plan

      (Newser) - The nation's top finance officials briefed members of Congress tonight on an unprecedented plan in the works to keep troubled institutions afloat, the Wall Street Journal reports. Treasury chief Henry Paulson and Fed chief Ben Bernanke said they would work through the weekend to get something to lawmakers for a vote next week. The centerpiece reportedly remains a mechanism to buy bad loans from banks. More »

      Tags

      Congress  • Henry Paulson  • Ben Bernanke  • credit market chaos

    • Congress Watches Uneasily as Fed, Treasury Move Boldly

      Washington Post  |  Sep 18, 08 10:47 AM CDT

      Congress Watches Uneasily as Fed, Treasury Move Boldly

      (Newser) - Like sports fans second-guessing officials’ calls, lawmakers are watching uneasily from the sidelines as Treasury and Federal Reserve officials pledge billions of taxpayer dollars to fight Wall Street’s meltdown, the Washington Post reports. And, while many in both parties have been convinced the moves were appropriate, they’re worried too few players—unelected, at that—have too much power. More »

      Tags

      Financial Crisis  • Congress  • Wall Street  • Henry Paulson  • Ben Bernanke  • Lehman Brothers  • Nancy Pelosi  • AIG  • Barney Frank

    • Rangel Won't Step Down From Tax Panel

      New York Times  |  Sep 16, 08 3:34 PM CDT

      Rangel Won't Step Down From Tax Panel

      (Newser) - New York Rep. Charles Rangel will remain in his post as chairman of the House Ways and Means Committee while an ethics investigation takes place, the New York Times reports. House Speaker Nancy Pelosi supports the move, said his attorney, and Rangel "believes that the facts should prevail, not innuendo or editorial opinion.” Rangel is under increasing scrutiny for a host of issues related to his personal tax filings and real estate investments. More »

      Tags

      Congress  • Nancy Pelosi  • ethics  • Charles Rangel  • House Ways and Means Committee

    • Pelosi Asks Rangel to Step Down as Tax Panel Chair

      New York Post  |  Sep 16, 08 7:51 AM CDT

      Pelosi Asks Rangel to Step Down as Tax Panel Chair

      (Newser) - House Speaker Nancy Pelosi has privately asked New York Rep. Charles Rangel to step down as chairman of the House Ways and Means Committee after it emerged that his personal tax filings neglected to report income from a rental property for some 20 years, says a source to the New York Post . “You have to have one standard—you can't have one for [Republicans] and one for us,” said a New York congressperson who thinks he should relinquish the post. More »

    • Stop Bashing Washington Insiders; You'll Need Them

      Washington Post  |  Sep 15, 08 2:27 PM CDT

      Stop Bashing Washington Insiders; You'll Need Them

      (Newser) - Voters have loved to hate Washington insiders since Washington’s founding, and politicians have sought to capitalize on those feelings for just as long. So it makes sense that even the GOP ticket, fortified by Sarah Palin, is running as an outsider insurgency. But, Norman Ornstein points out in the Washington Post , no administration can accomplish change without "the deep deployment of people who know how to move the levers of power from the inside." More »

      Tags

      Congress  • Sarah Palin  • Washington  • presidential candidates  • president  • filibuster  • change

    • GOP Sees Smoother Ride on Palin's Coattails

      Real Clear Politics  |  Sep 12, 08 3:42 PM CDT

      GOP Sees Smoother Ride on Palin's Coattails

      (Newser) - Congressional Republicans nervous about their own election chances are encouraged by the thought of a Sarah Palin-fueled boost to the GOP’s overall image, Real Clear Politics reports. Polls conducted since she was picked as John McCain’s running mate show a generic Republican congressional candidate trailing a generic Democrat by only 3.6%, narrowing a lead that has held at 12% or more since July. More »

      Tags

      Barack Obama  • John McCain  • Election 2008  • Congress  • Sarah Palin  • Republicans  • GOP  • Democratic candidates

    • Palin Projects Hit Mac's Pork List

      Los Angeles Times  |  Sep 3, 08 7:57 AM CDT

      Palin Projects Hit Mac's Pork List

      (Newser) - Requests from Sarah Palin made it onto John McCain's "pork list" of objectionable spending three times while Palin was mayor of Wasilla, the Los Angeles Times reports. McCain's lists came as part of his long campaign against the earmarking system in which members of Congress can chuck cash at pet projects with little or no scrutiny. More »

      Tags

      John McCain  • Congress  • Sarah Palin  • Alaska  • earmarks  • Wasilla  • pork barrel spending  • federal spending

    • To See GOP's Future, Look to the House

      Politico  |  Sep 1, 08 12:36 PM CDT

      To See GOP's Future, Look to the House

      (Newser) - The Republican Party brand is tainted, its leaders recognize, and regardless of John McCain's fate, the institution is in soul-searching mode as the scaled-down convention kicks off today. Many House Republicans have come to believe an Obama victory might be better for the GOP in the long term, reports Politico, because it would force regrouping and present younger, fresher faces to the electorate. More »

      Tags

      Congress  • Republicans  • GOP  • Republican Party  • reform  • House Republicans

  • August 2008