Obama wants new restrictions on campaign finance

Obama wants new restrictions on campaign finance

President Barack Obama on Saturday pressed Congress for swift action on measures to restrict political advertising by corporations and labor unions, saying that “no less than the integrity of our democracy” is at stake. Legislation introduced in Congress this week would require that corporations and unions identify themselves in political ads they pay for and […]

Republicans block Wall Street reform…again

Republicans block Wall Street reform…again

Undaunted by the political risks, Senate Republicans hung together and again thwarted Democratic efforts to start formal debate on sweeping legislation to rein in Wall Street excesses. For the second time in two days, lawmakers voted 57-41 to take up the popular bill, falling short of the 60 needed to move ahead with the toughest […]

Dems ramp up pressure on Wall Street

Dems ramp up pressure on Wall Street

Democrats planned to keep up the pressure on Republicans after an expected setback put the brakes on Senate consideration of financial regulations. But their task got slightly more complicated by the defection — at least for now — of one Democrat, Sen. Ben Nelson of Nebraska. Nelson voted with Republicans on Monday to deny Democrats […]

Dems to GOP: ‘Go ahead, make our day’

Dems to GOP: ‘Go ahead, make our day’

With a showdown vote looming, Democrats are resisting Republican appeals for a broad compromise on financial overhaul legislation and are eager to test whether GOP unity will crack in an anti-Wall Street political climate. The top negotiators on the regulatory bill — Democratic Sen. Christopher Dodd and Republican Sen. Richard Shelby — professed to be […]

Obama seeks to smear Republicans with Wall Street slime

Obama seeks to smear Republicans with Wall Street slime

The White House on Monday sought to tar Republicans with Wall Street excess, as President Barack Obama cranked up his campaign to quickly pass the most sweeping regulatory reform law in decades. Aides said Obama will venture into the heart of the US financial capital in New York to make a major speech on Thursday […]

Obama: Sen. Boxer could lose

Obama: Sen. Boxer could lose

President Barack Obama delivered Democrat-friendly California a stark message Monday: Liberal Sen. Barbara Boxer might lose her re-election race if her supporters don’t work hard. The president’s stern words in a state where he remains popular and Boxer won her last re-election race in a rout underscored the perilous political environment confronting all Democrats in […]

Now it’s up to the Senate

Now it’s up to the Senate

President Barack Obama has signed into law the most sweeping overhaul of U.S. health care since Medicare, but one last chapter in the epic struggle is still playing out in the Senate. Senators are debating a package of fixes to the new health law, demanded by House Democrats as their price for passing the mammoth […]

Democrats add student aid to health bill

Democrats add student aid to health bill

Under White House pressure to act swiftly, House and Senate Democratic leaders reached for agreement Friday on President Barack Obama‘s health care bill, sweetened suddenly by fresh billions for student aid and a sense that breakthroughs are at hand. “It won’t be long,” before lawmakers vote, predicted Speaker Nancy Pelosi. She said neither liberals’ disappointment […]

White House wants simple up or down vote on health care reform

White House wants simple up or down vote on health care reform

The White House called for a “simple up-or-down” vote on health care legislation Sunday as Speaker Nancy Pelosi appealed to House Democrats to get behind President Barack Obama’s chief domestic priority even it if threatens their political careers. In voicing support for a simple majority vote, White House health reform director Nancy-Ann DeParle signaled Obama’s […]

Health summit: Much ado about nothing

Here’s a moment of rare Washington bipartisanship for you: Republicans and Democrats agree that President Barack Obama‘s much-ballyhooed publicly-televised summit on health care will be much ado about nothing because nothing will come out of it. “We’re happy to be there, but I’m not sure what the purpose is,” says Senate GOP leader Mitch McConnell […]