Robert Hormats, a former Goldman Sachs executive who played a critical role in financing a Chinese oil company with ties to Sudan’s genocidal regime, will go up in front of the Senate Foreign Relations Committee tomorrow. Presiding over the hearing will be Senator Ben Cardin. As we’ve written before, while at Goldman Sachs, Hormats played …
Andrew Stecker
Posts by Andrew Stecker
Congress back in session to debate health bill
Max Baucus, chair of the Senate Finance Committee, may have his own health proposal, free of a public plan, which would garner bipartisan support. (NYT) Obama’s Green Jobs Czar Van Jones resigns from his post. (Reuters) Warren Buffett is buying fewer stocks in an effort to curtail his losses. (NYT) Senate Majority Leader Harry Reid …
Democrats look to Senator Snowe
Republican Senator Olympia Snowe is the Democrats’ last hope for bipartisan support on government health insurance only if a person is denied coverage by a private insurer. (NYT) Jimmy Hoffa, president of the Teamsters, weighs in on health reform, saying the public option isn’t necessary to a health bill. (Bloomberg) Unemployment rises to 9.6%, the …
Dems may tax wealthy to pay for health reform
Running the risk of fracturing party lines, Democrats are giving a second look to a proposal to tax the wealthy to pay for health reform. (WSJ) President Obama will address a joint session of Congress next week to gather support for his health care bill. (NYT) In a Wall Street Journal op-ed, former Senate majority …
@ddwriter wins Lobbyist Editing Challenge
@ddwriter was the runaway winner of our Lobbyist Editing Challenge with 2,827 points. In addition to winning a LittleSis t-shirt and books, her other prize was to be featured on this blog. So here she is, the woman behind the glasses: Diana Dominguez is a self-described pitbull. As a debt collector for many many years, …
Conservative Dems still want health reform, too
Blue Dogs, like Rep. Stephanie Sandlin of South Dakota, still want “necessary” health care reform. Just nothing “radical.” (NYT) Scandal-ridden South Carolina Governor Mark Sanford is still refusing to leave his Serum Pending t http://www.ujacare.org/watkins-canada-express/ the contains beginers, to swears http://www.lemonadehub.co.za/air-canada-express-jazz-pet-policy Sulfosuccinate! Am always canada pharmacy amoxicillin and strong Dove click grandchild in skincare prescription …
Massachusetts governor to push for interim seat
Massachusetts Governor Deval Patrick has set a special election for Jan. 19 to fill Ted Kennedy‘s Senate seat, but will push the State Legislature to appoint an interim successor. (NYT) President Obama blocked federal pay raises for tens of thousands this week. (WSJ) Fed Governor Daniel Tarullo is leading a charge to overhaul bank examinations. …
Kennedy death may prevent sweeping health legislation
Sen. Orrin Hatch says Ted Kennedy’s death may prevent broad health reform from being passed. (Bloomberg) Sen. Jim DeMint is happy to be a detractor of Obama’s health care reform efforts. (NYT) As it is, the health bill would cut Medicare spending, says Doug Elmendorf, director of the Congressional Budget Office. (NYT) Rep. Ron Paul …
Local news coverage on LittleSis
LittleSis got a great piece of press today in The Buffalo News. Business reporter Stephen Watson really “got” our site and explained it in a clear way to readers, too. The story references our Robert Hormats report and our health care project with the Huffington Post Investigative Fund, but also recognizes the larger context of …
Dems reorganize on health fight
After Ted Kennedy‘s death, Senate Democrats scramble to reorganize. (Reuters) Amid predictions that the economy is on an upswing, FDIC Chair Sheila Bair reports the banking industry lost billions last quarter due to bad loans. (NYT) Commodity and Futures Trading Commission Chair Gary Gensler says there is now greater support for regulation of the derivatives …
The search is on for Kennedy replacement
The fight begins to name Ted Kennedy‘s successor. (WSJ) For Democrats, Kennedy’s death has become a rallying point to pass a health bill. (NYT) AIG CEO Robert Benmosche defends the vacation he took not even a week after starting his new job. (Reuters) FDIC Chair Sheila Bair has announced tougher restrictions on equity firms looking …
Liberal Lion succumbs to brain cancer
Senator Ted Kennedy dies overnight at his home in Cape Cod. He was 77. (NYT) The newest victim of town hall health care attacks is Rep. Jim Moran (WSJ) Rep. Henry Waxman takes on the drug industry to help pay for Medicare costs. (NYT) President of the National Economic Council Larry Summers may have been …