Archive for May, 2010
Market Tumbles in Face of Wall St. Reform
This afternoon, Senate Majority Leader Harry Reid (D) acquired the 60th vote necessary to invoke cloture and bring the financial regulatory bill to a close. An article on Real Clear Politics lays out two of the most important issues left to debate: One would ban commercial banks from carrying speculative trades with their own money. [...]
Posted: May 20th, 2010 under Finance Reform, Obama.
Comments: 1
Energy Legislation Taking New Direction
Members of Congress are planning to take energy legislation in an entirely new direction in light of the April 20 oil spill in the Gulf Of Mexico. It is unlikely that the president’s compromise – more drilling in the short term and a long term transition to renewable sources – will pass through the Senate. [...]
Posted: May 4th, 2010 under Energy, Environmental Issues, Oil.
Comments: none