Tales from the Trail

Obama compromised by Wall Street contributions, conservative group alleges

May 14, 2012

President Obama is too closely tied to Wall Street, claims a new web video that takes the tone of Occupy Wall Street, though it was produced by a conservative group.

Washington Extra – Chickens come home to roost

October 14, 2010

Curses are like young chicken: they always come home to roost, to quote the title page of Robert Southey’s poem The Curse of Kehama, published in 1810.

Washington Extra – Obama kills the bill

October 7, 2010

Last night Reuters correspondent Scot Paltrow revealed that a bill had sailed through the Senate last week — without public debate — which would have made it significantly harder for homeowners to challenge improper attempts to foreclose on their houses.foreclosures2 The legislation, which was sitting on President Barack Obama’s desk for his signature, would have forced courts to recognize out-of-state notarizations, including those stamped en masse by computers in other states, a practice critics say has been used improperly to push through foreclosure orders. Computer notarizations, now valid in around a dozen states, would effectively have become legal nationally, and challenges to improper notarizations made in other states would have become harder and costlier.

from Summit Notebook:

Shift in power on the horizon in Washington?

September 20, 2010

USA/
Republicans stand poised to gain substantial influence in Congress, putting at stake billions of dollars in investment as a shift among power brokers throws legislative initiatives old and new into doubt. Reuters Washington Summit will bring together an influential line-up of insiders just weeks before Americans cast their votes, promising a must-read stream of exclusive news on the outlook for Congress and President Barack Obama's agenda. Editors and correspondents from the Reuters Washington bureau are sitting down with senior lawmakers, including GOP heavyweights in line for leadership, and regulators whose implementation of Wall Street and healthcare reform could be complicated by a change in control on Capitol Hill.

Elizabeth Warren’s rap video

August 17, 2010

Consumer advocate Elizabeth Warren is among a handful of candidates President Barack Obama is considering to become the first chief of the Consumer Financial Protection Bureau. Some ardent supporters clearly think the Harvard law professor (and chief of a panel monitoring the government’s $700 billion bailout of the financial system)  is up for the task of heading the independent agency created under the  financial reform bill signed into law last month.

Politics beckon again as Obama’s Maine getaway ends

July 18, 2010

After a laid-back family getaway on Maine’s scenic shoreline, it’s back to political reality for President Barack Obama.

Lights, action, cameras, U.S. congressional hearings!!!

May 11, 2010

TV cameras zoomed in on corporate executives squirming, a top federal regulator promising answers and U.S. lawmakers venting anger.

from Summit Notebook:

ABA’s Yingling sees danger in rhetoric: it’s Wall Street, not banks

April 26, 2010

REGULATION-SUMMITEd Yingling, president and CEO of the American Bankers Association, is a little worried about the rhetoric that's been flying around as Congress tries to produce financial reform legislation.

Frum Obamacare to Waterloo: Where do Republicans find themselves?

March 26, 2010

BELGIUM-NAPOLEON/

Have Republicans really met their Waterloo? George W. Bush’s former speech writer David Frum thinks so. And he may have a point, though making it in public has proved costly.

Who are you calling a “punk staffer”?

March 18, 2010

House Republican leader John Boehner’s comment about “punk staffers” involved in the writing of the financial regulation bill did not seem to sit well with White House economic adviser Lawrence Summers.