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Click here to visit the new home of Politics Daily!It took 20 hours and some frantic, last-minute dealmaking, but House and Senate negotiators wrapped up a marathon session Friday morning with a final deal to overhaul the American financial system nearly two years after the 2008 crisis that brought the American economy to the brink of collapse. Just before 6 a.m. Friday, bleary-eyed lawmakers approved the House-Senate conference committee report on a party-line vote of 27-16 after a grueling two-week session that Sen. Chris Dodd (D-Conn.) compared to living in purgatory. But as President Obama departed for the G-8 Summit hours after the ...
Good morning, Capitolists! If you listened carefully to the president's speech last night, you probably heard him promise that 90 percent of the oil spilling into the Gulf of Mexico will be captured by the end of the month. But you didn't hear him call for Congress to pass a bill now pending in the Senate that would put a price on carbon emissions, also known as cap-and-trade. Democrats on Capitol Hill and environmental groups are smarting over that omission this morning, - Hayward. Tony Hayward. After two months of giving BP the silent treatment, President Barack Obama will finally meet ...
What a surprise: The Tea Party is not as popular as it once was. That was part of the news contained in a Washington Post/ABC News poll released this week. (The other hardly shocking and bad-for-Democrats news: only 29 percent are inclined to vote for their current representative in Congress.) Fifty percent of the respondents said they hold an "unfavorable impression" of this conservative, anti-Obama, anti-government movement -- an increase from 39 percent in March (when the health care reform slugfest was under way). Those with a favorable view dropped from 41 to 36 percent, and those folks ...
Eighteen months after the 2008 financial crisis brought the American economy to the brink of collapse, the Senate passed a bill to add significant regulations to Wall Street firms and banks in an effort to prevent a similar crisis in the future. The bill passed by 59 to 39. Four Republicans -- Sen. Scott Brown, Sen. Charles Grassley, and Maine's senators, Susan Collins and Olympia Snowe -- supported the bill, while two Democrats, Sen. Russ Feingold of Wisconsin and Sen. Maria Cantwell of Washington, joined Republicans in opposing it. Senate Majority Leader Harry Reid said Thursday that the ...
Supreme Court nominee Elena Kagan made a key advance toward confirmation Thursday, winning praise from a moderate Senate Republican, while easing the concerns of another about her view of the military. The solicitor general met with several senators, including Susan Collins (R-Maine) and Scott Brown (R-Mass.). Most of the senators indicated after meeting with Kagan that she had the requisite experience and judicial acumen to serve on the Court. "I was very impressed with Ms. Kagan," Collins said. "I do not believe her lack of judicial experience in any way disqualifies her." ...
In the wake of the bombing attempt in New York City's Times Square, Sens. Joe Lieberman (I-Conn.) and Scott Brown (R-Mass.) introduced a bill in the Senate Thursday to revoke the U.S. citizenship of suspected terrorists if the State Department finds they are affiliated with a foreign terrorist organization. The lead suspect in the Times Square case, Faisal Shahzad, is a U.S. citizen. The State Department already has the authority to revoke citizenship of anyone who takes up arms against the United States as a part of a foreign army, but Lieberman said Thursday that terrorists are "stateless ...
It may seem premature for Sen. Scott Brown to be addressing any plans to run for president, just three months into his new job as a U.S. senator. But the Republican from Wrentham, Mass., has been repeatedly asked by members of the press about his presidential ambitions since the day he arrived in Washington. In a "Today" show feature on the senator that aired Friday morning, Brown was asked again whether he'd rule out a run for president in two years. "Yes, absolutely, 2012 I'm ruling it out," he said. As Obama watcher Lynn Sweet reminded me, though, our current president flatly ruled out ...
When a New England Tea Party group announced plans to rally in Boston this week with Sarah Palin as a speaker, it seemed like a no-brainer to invite Sen. Scott Brown, the Massachusetts Republican elected in no small part because of the grassroots conservative group. But Brown declined the invitation to Wednesday's event on Boston Common, leading some to wonder if he's distancing himself from the movement. A Brown staffer dismissed such suggestions, saying the senator is simply busy in Washington and can't get away. "He'll be doing the job he was elected to do -- serving the people of the ...
Gen. David Petraeus to Sen. Scott Brown: No confusion here, senator. Perhaps Brown, the newly elected conservative GOP senator from Massachusetts and a brand-new member of the Senate Armed Services Committee, shouldn't have chosen to take on Petraeus, the smoothly articulate four-star commander of all U.S. forces in the Middle East. Brown, of course, won the seat formerly held by the late Ted Kennedy, whose office he now occupies in the Capitol. Distrustful of government ("Government is too big,'' his Senate Web site explains), he nonetheless has served almost 30 years in the Massachusetts ...
It's well known that President Obama has got game, having played hoops growing up in Hawaii, recreationally while in college and law school, and in pick-ups games on the playgrounds of Chicago when working as a community organizer. He's even promised to replace the White House bowling alley with a basketball court. Washington's newest senator, Scott Brown (R-Mass.), is also a baller. After winning election last month, Brown, a former guard at Tufts University, told NBC's Jay Leno and others that he'd love to take on the president in a game of one-on-one. "I think it would be fun," Brown ...
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