December 12, 2013
In a valiant effort to undo one of the regulatory fuckups that led to the 2007-08 financial crisis, a bipartisan group of senators has introduced a bill that would reinstate some of the provisions of the New Deal-era Glass-Steagall Act, requiring banks to separate their retail banking functions from their riskier investment activities, essentially forcing [...]
It can be difficult to run for Senate. Your Wonkette knows; we haven’t done it many times because of how difficult it is. Michael Baumgartner, though, is running for Senate against Maria Cantwell, and was righteously pissed off because a reporter asked him questions that weren’t on his agenda, and so responded thoughtfully about the [...]
Our dear friends in the Senate Finance Committee have voted down the Schumer/Cantwell “less cool but still cool” public option amendment as well, 13-10 (Dems voting no: Baucus, Conrad, Lincoln), so there will officially (we think?) not be a public option in the Senate Finance Committee bill. SURPRISE.