Mica just can’t resist

October 6th, 2008 · No Comments

By: Daniel W. Reilly

Republican Rep. John Mica couldn’t resist getting in a little dig at Richard Fuld Monday, even as the Lehman Brothers CEO took fire over the collapse of his bank.

Mica pulled Fuld’s personal and company campaign contributions and …

Waxman goes after Fuld’s art collection

October 6th, 2008 · No Comments

By: Daniel W. Reilly

House Oversight and Government Reform Committee Chairman Henry Waxman got right to the point Monday in grilling  Lehman Brothers CEO Richard Fuld.

Waxman asked Fuld if it was true he made between $400 and $500 million running the …

Shays calls for hearings on Fannie and Freddie

October 6th, 2008 · No Comments

By: Daniel W. Reilly

Republican Rep. Chris Shays called for hearings on the role of mortgage giants Fannie Mae and Freddie Mac in the financial crisis Monday, accusing the two mortgage companies of “wretched manipulation” of Congress.

“We are not confronting the …

Cummings tees off on executive pay

October 6th, 2008 · No Comments

By: Daniel W. Reilly

Democratic Rep. Elijah Cummings (D-Md.) expressed outrage Monday at the allegation that Lehman Brothers was trying to give bonuses to executives, even as the struggling bank was preparing to ask the federal government for a bailout.

“The people …

Obama backs Health Care for America Now

October 6th, 2008 · No Comments

By: Chris Frates

Sen. Barack Obama (D-Ill.) has signed on to the progressive Health Care for America Now campaign’s principles – a move that bolsters the clout of the nascent organization and could provide him with artillery support as he starts to pound …

Pilot McCain was heroic, crash-prone

October 6th, 2008 · No Comments

By: Glenn Thrush

John McCain’s heroism and courage as a Vietnam-era pilot has never been challenged, but his decision-making in the cockpit was questioned by his superiors, according to records obtained by the Los Angeles Times.

McCain, the son and grandson of Navy admirals, …

Dems: Carolina not on Dole’s mind

October 6th, 2008 · No Comments

By: Glenn Thrush

The Democratic Senatorial Campaign Committee, buoyed by polls showing challenger Kay Hagan gaining in North Carolina, is walloping Sen. Elizabeth Dole for coming back to DC for a fundraiser tonight.

"[I]f she seriously expects the people of North Carolina to re-elect …

Frank: Voting for bailout bill like wizzing down your leg

October 3rd, 2008 · No Comments

By: Ryan Grim

Rep. Lynn Woolsey (D-Calif.) said that a single conversation caused her to change her mind. She spoke Thursday with California state treasurer Bill Lockyer who told her that if the state’s fiscal situation continued on its current path, California would …

Boehner praises Porter for tough “yes”

October 3rd, 2008 · No Comments

By: Glenn Thrush

Minority Leader John Boehner made a special point of thanking Nevada Rep. Jon Porter, who’s fighting for his political life, for voting yes twice this week.

Porter, who represents the foreclosure-wracked Vegas suburbs, trails Democrat Dina Titus in recent polls.

“I applaud …

Going, going gone. House adjourns for year

October 3rd, 2008 · No Comments

By: Martin Kady II

The gavel has come down on the 110th Congress, with the House adjourning until Jan. 3, 2009.

The chamber could still reconvene if there’s a need, but at this point, the next time Nancy Pelosi sits in the speaker’s chair, there …




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