Obama Campaign “Clarifies” Approach on Social Security

By: Saturday October 6, 2012 8:37 am

After being criticized for emphasizing points of agreement on Social Security during Wednesday night’s debate, President Barack Obama’s re-election campaign delivered an email to supporters clarifying their response, which left a number of key details unanswered and retained a degree of flexibility for the President over his choices for the program. Deputy campaign manager Stephanie [...]

The Republican Effort to Stop All Regulators

By: Monday June 20, 2011 1:21 pm

Rep. Brad Miller (D-NC) had an opinion piece in Politico last Friday about the GOP’s strategy to deregulate the financial sector by simply ensuring that nobody does the regulation. During the day on Friday, he told me that the NYT’s Binyamin Applebaum approached him, telling him that he was about to write the same story. [...]

Peter Diamond Withdraws Fed Governor Nomination

By: Sunday June 5, 2011 5:22 pm

As Scarecrow pointed out, fiscal policy isn’t changing to reflect the reality of a too-slow recovery and unemployment crisis, no matter how much the economic picture should force a shift in the President’s calculation for 2012. The message may change (from “Morning in America” to “Don’t Change Horses in Mid-Stream”), but the policies will remain [...]

Shelby Continues to Block Peter Diamond from Federal Reserve Post

By: Wednesday March 9, 2011 9:54 am

We have at least 14 million Americans out of work, and millions more who have either left the job market altogether or who are involuntarily unemployed. There’s an economist who won a Nobel Prize on unemployment and labor markets who the President wants to bring into the discussion as a member of the Federal Reserve [...]

Nobel Prize Winner Still Held Up by Senate GOP

By: Tuesday October 12, 2010 8:54 am

Peter Diamond’s Nobel Prize victory hasn’t cut any ice with Republicans on the Senate Banking Committee, who continue to block his appointment to the Federal Reserve Board of Governors. Diamond was nominated by President Obama earlier this year to be one of the central bank’s top officials, but the Senate has not held a vote [...]

Dodd: Federal Reserve Nominees Still Stuck in Limbo

By: Wednesday September 15, 2010 7:33 am

Chris Dodd doesn’t expect a vote on three nominees to the Federal Reserve’s Board of Governors. Janet Yellen, Sarah Bloom Raskin and Peter Diamond have been awaiting confirmation for months. U.S. Sen. Christopher Dodd (D., Conn.) said Tuesday he didn’t know how much appetite there was among senators to vote on three nominees to the [...]

Republicans Just Obstructing for Sport Now

By: Friday August 6, 2010 6:10 am

Chris Dodd was the guy who said a few days ago that the Senate has actually been working wonderfully in this session of Congress, with so much productivity, and that the desires of freshman Democrats to restructure the rules of the body were misguided. I wonder what he’s thinking today, as a nominee for the [...]

Obama Chooses Three For Fed Board Of Governors

By: Thursday April 29, 2010 12:08 pm

As expected, President Obama filled three open slots on the Federal Reserve’s Board of Governors with names that were widely disseminated a couple months ago: Obama today announced his choice of San Francisco Fed President Janet Yellen to be vice chairman of the Board of Governors under Bernanke. Obama also named Sarah Bloom Raskin, Maryland’s [...]

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