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Rangel faces more ethics problems

Rangel faces more ethics problems

Rep. Charles Rangel, who has spent half of his 80 years as a member of Congress, says he looks forward to fighting ethics charges. Other Democrats won’t be so pleased. The ethics trial sought by the New York congressman and former Ways and Means Committee chairman will coincide with campaign season. Democrats will have to […]

Greene lied about military record

Greene lied about military record

Surprise U.S. Senate nominee Alvin Greene frequently mentions his 13 years of military service, but records obtained Thursday by The Associated Press show that the veteran who has called himself an “American hero” was considered a lackluster service member at best. The records, which document his superiors’ decisions to pass over Greene for promotion, cite […]

Prosecutor firings: Inappropriate and political

Prosecutor firings: Inappropriate and political

The Bush administration’s Justice Department’s actions were inappropriately political, but not criminal, when it fired a U.S. attorney in 2006, prosecutors said Wednesday in closing a two-year investigation without filing charges. The decision closes the books on one of the lingering political disputes of the Bush administration, one that Democrats said was evidence of GOP […]

The Sherrod debacle: What a mess

The Sherrod debacle: What a mess

The White House apologized to Shirley Sherrod. Agriculture Secretary Tom Vilsack offered her a new job. But after a whirlwind week, Sherrod says she needs to think about it. It has been an emotional roller coaster ride for Sherrod, who until this week had been the Agriculture Department’s director of rural development for Georgia. First […]

Olbermann: Everyone is at fault in Sherrod debacle

Olbermann: Everyone is at fault in Sherrod debacle

MSNBC’s Keith Olbermann says just about everyone is to blame for the massive screwup that led to the knee-jerk firing of USDA employee Shirley Sherrod — the right, the left, Fox News, the White House, President Obama and even his own employer. Visit msnbc.com for breaking news, world news, and news about the economy

Political spin clouds economic realities

Political spin clouds economic realities

Midterm politics are distorting economic decision-making as leaders of both parties spin rival views of the road ahead, offering visions based on questionable economics. The resulting political angst is leaving a mark on major legislation. A far-reaching financial overhaul bill signed by President Barack Obama on Wednesday reflects voter anger over bankers, bailouts and bonuses. […]

Obama signs Wall Street reform bill

Obama signs Wall Street reform bill

President Barack Obama signed into law on Wednesday the most comprehensive financial regulatory overhaul since the Great Depression, vowing to stop risky behavior on Wall Street that imperiled the U.S. economy. Influential business groups lined up to criticize the new law, underscoring Obama’s uneasy relationship with America’s business community. Some on Wall Street, however, welcomed […]

House to vote on unemployment benefits extension

House to vote on unemployment benefits extension

A House vote Thursday is expected to send President Barack Obama a long-sought measure to resume unemployment payments to millions of people whose benefits have lapsed. Obama is set to sign the bill as soon as Congress can ship it to him. The Senate broke through months of stalemate in passing the measure Wednesday by […]

Senate finally passes unemployment benefits extension

Senate finally passes unemployment benefits extension

With a GOP filibuster safely broken, the Senate is poised to pass legislation restoring jobless benefits for millions of people unable to find work in the frail economic recovery. Wednesday’s vote is a formality after the Democratic-controlled Senate voted 60-40 Tuesday to move ahead on the bill. The measure would then go to the House […]

Obama to sign historic financial overhaul bill

Obama to sign historic financial overhaul bill

President Barack Obama claims a moment of history Wednesday as he signs into law the most sweeping finance reform since the 1930s Great Depression. The legislation, which some Republicans have already pledged to repeal if they regain power in Washington, will fundamentally overhaul the US government’s regulation of Wall Street and create a political legacy […]