Two years ago, Wall Street chased Elizabeth Warren off the Consumer Financial Protect Bureau that she’d proposed in the wake of the 2008 financial crisis.
Her Wall Street haters then followed her into the hotly contested Massachusetts Senate race, pouring money into her opponent’s coffers in hopes of keeping her out of office.
Now, in spite of her opponents' efforts, Warren will take a seat on the Banking Committee where she will oversee the implementation of Dodd-Frank and other banking regulations, the Huffington Post reported, according to four sources. read more
Still stung by their defeat in last month's elections, Republicans across the country are back to looking for ways to suppress the vote.
Today the president of a conservative group in N.C. predicted the future for Tar Heel voters: "One of the first bills the North Carolina General Assembly will enact next year, and that new Gov. Pat McCrory will sign, will establish a photo ID requirement to vote in North Carolina." read more
Results of a new poll taken by Gallup show only one in 10 Americans think members of Congress have high honesty and ethical standards.
Car salespeople are the only professionals who rank lower, with only 8% giving them a the "high" trustworthiness and ethics ranking. Congress got the most negative reaction, with more than 54% saying their honesty and ethics were low or very low. read more
Grover Norquist insisted that reports of his tax pledge's death have been greatly exaggerated and warned GOP lawmakers that President Obama's proposal to avoid the fiscal cliff is not serious.
"This is a massive collection of spending increases and tax increases," Norquist said on Sunday's Meet the Press of the proposal presented to Congress by Treasury Secretary Timothy Geithner last week.
"Republicans want to continue the Bush tax cuts, and the extenders and the AMT package... it's the president who's threatening to raise taxes if he stamps his feet and doesn't get his way," he said. read more
Even Jeb Bush says that Ronald Reagan would have a hard time fitting into today's GOP.
Republicans still often speak lovingly of their adored "Gipper," but the debate in Washington shows just how far the party has drifted from its idol.
Here's one example. The Republican talking point these days is that raising taxes on the wealthiest Americans would be bad for the economy and hurt job creation. Reagan himself had a different view. He made the case for tax fairness this way in a 1985 speech: read more
It's beginning to look a lot like Christmas all across the country and, in our nation's capitol, everyone is in the holiday spirit—including First Dog Bo Obama.
In a new video released by the White House, Bo takes viewers on a quick tour of 1600 Pennsylvania Avenue's Christmas decorations, complete with a "Dance of the Sugar Plum Fairy" soundtrack. From large trees to twinkling lights to a Bo-like dog sculpture decked out in a Santa hat and lights, the First Dog looks ready for Christmas. read more
House Speaker John Boehner has finally found a woman for one of the two open chairmanships that remained after he named 19 white men to head up all the major House committees.
NBC News has learned that Rep. Candice Miller of Michigan has been tapped to serve as chair of the House Administration Committee. The appointment will be somewhat new territory for Miller, who according to Open Secrets served on the committee in 2006, but not since. She's served on the Homeland Security and Transportation and Infrastructure Committees since then. read more