Petraeus cites tentative progress in Iraq

October 7th, 2008 · No Comments

By: Jen Dimascio

Progress in Iraq is still "fragile and reversible" Gen. David Petraeus, the commander of U.S. Central Command, said during the Association of the U.S. Army conference today.

But "the fragility is less" than when he testified before Congress …

Intel hires Feinstein’s top aide

October 7th, 2008 · No Comments

By: Chris Frates

Beefing up their policy and advocacy teams, Intel has drafted Sen. Dianne Feinstein’s chief of staff to head its Washington office.

Peter Cleveland will join the California-based technology company as vice president for global public policy and lead …

New House climate change bill

October 7th, 2008 · No Comments

By: Erika Lovley

The draft of a new climate change bill confirms rumblings on Capitol Hill last summer that the House will take the lead on cap-and-trade legislation in the new Congress.

The legislation by House Energy and Commerce Committee Chairman …

McCain presses Bush to sell F-16s to Taiwan

October 7th, 2008 · No Comments

By: Jen Dimascio

As Congress considers administration requests to sell more than $6 billion in military equipment to Taiwan, Republican presidential candidate John McCain wants to add more submarines and new fighter jets to the package.

The administration wants Taiwan to sell 330 Patriot …

Free Econ 101 course offered to Congress

October 7th, 2008 · No Comments

By: Glenn Thrush

The bailout exposed a fact most watchdogs already knew about Congress — it ain’t the London School of Economics.

So, the president of Andrew Jackson University, a small online school based in Birmingham, is jumping into this miasma of ignorance to …

Top Dems seek price tag for larger housing bailout

October 7th, 2008 · No Comments

By: Martin Kady II

Democrats just aren’t shy any more about dropping the New Deal into conversations about the economic crisis.

Rep. Rahm Emanuel (D-Ill.) and bailout architect Barney Frank (D-Mass.), are now asking the Congressional Budget Office to place a price tag on some …

Waxman probes AIG’s post-bailout retreat

October 7th, 2008 · No Comments

By: Daniel W. Reilly

Rep. Henry Waxman opened a second day of hearings on the financial collapse Tuesday, questioning why the American International Group took executives to an exclusive resort, less than week after the federal government bailed out the struggling company. …

Boehner on the receiving end of pork

October 7th, 2008 · No Comments

By: Ryan Grim

Minority Leader John Boehner (R-Ohio), who has made it a point never to request earmarks for his home district, nevertheless found himself on the receiving end of an apparent prank, the AP is reporting. 

Boehner’s West Chester, Ohio office was cleared …

Appeals court issues stay in legal fight over Miers-Bolten subpoenas

October 6th, 2008 · No Comments

By: John Bresnahan

A federal appeals court issued a stay in a legal fight over subpoenas issued to former White House Counsel Harriet Miers and White House Chief of Staff Josh Bolten, meaning the issue will not be decided until after President Bush …

Fuld: ‘I got no golden parachute’

October 6th, 2008 · No Comments

By: Daniel W. Reilly

Lehman Brothers CEO Richard Fuld made it clear to the House Oversight and Government Reform Committee Monday afternoon that he did not ease into retirement when his bank declared bankruptcy last month.

“I got no golden parachute. I had …





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