I have a lot of experience talking to Congressional staffers, regulators, rating agency analysts, municipal bond traders and portfolio managers. When you pump these parties for information there is always a clear line about the type and amount of information they will share.
The governor of New Jersey, Chris Christie, held a press conference on Wednesday in which he excoriated the U.S. Speaker of the House, John Boehner, and other Republicans for failing to hold a vote on Sandy relief this week. With a tone that is rarely heard in national politics, Christie accused the Congressional leadership of his own party of “duplicity” and “selfishness,” according to The New York Times. Meanwhile, New York governor Andrew Cuomo and New York City Mayor Michael Bloomberg delivered more tempered comments.
Cuomo: “New York will get the majority of it.”
— Capital Tonight (@CapitalTonight) December 7, 2012
Several days after hurricane Sandy slammed into the tri-state area, President Obama toured the devastated shore with New Jersey Governor Chris Christie and promised to deliver support. Last Friday, six weeks after the storm, the White House sent a $60 billion supplemental budget request to Capitol Hill for recovery funds. The request is likely to get tangled up in ongoing budget and debt-limit wrangling and intra-state politics. New York’s governor Andrew Cuomo is already showing some sharp elbows, as seen in the tweet above from his press conference last Friday with New York’s congressional delegation. Take that Chris Christie.
Last Friday, New Jersey Governor Chris Christie proposed to levy a $10,000 fine on anyone who leaked the state’s fiscal data ahead of official announcements. Politicker NJ quoted New Jersey state Senator Barbara Buono (a Democrat from Middlesex):
Bloomberg View’s Josh Barro is lauding New Jersey Governor Chris Christie in advance of his keynote address at the Republican National Convention: