Senate Awaits Next House Step
Senators of both parties have adopted a wait-and-see posture following the Houses stunning midday defeat of a $700 billion Wall Street financial rescue package, but many warned that a failure to act in
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DOJ Investigation Rebukes Gonzales
The Justice Departments own investigators issued a stinging rebuke of former Attorney General Alberto Gonzales and his top lieutenants Monday, concluding that they used political calculations to determine
Sullivan Warns Prosecutors of Possible Sanctions
Im not suggesting at this point that theres been misconduct on the part of government attorneys, but I want the parties to brief the issue, Sullivan said.
McCotter: Fire Paulson
House dramatically defeated a $700 billion bailout bill that remains in limbo for the time being, Republican Policy Committee Chairman Thaddeus McCotter (Mich.) called on President Bush to demand Paulsons
White House Touts Core of Plan
Despite the Houses rejection of the financial system bailout bill, the White House is continuing to insist that the central elements of the legislation featuring a $700 billion fund to buy up bad mortgages
McConnell Wants Bailout Vote Tonight
Its inappropriate to charge into this without having the ability to work on it, Reid said. The Senate is not scheduled to be in session Tuesday because of Rosh Hashana.
Tax Extenders Blocked in Senate
Minority Whip Jon Kyl (R-Ariz.) rejected Reids unanimous consent request, arguing that the Democratic leadership was trying to steamroll over the GOP without seeking compromise.
Senate Leaders Vow to Keep Trying
Senate Minority Leader Mitch McConnell (R-Ky.) said the market reaction to the Houses rejection of a Wall Street rescue package proves the need to pass a bill that can stabilize U.S. financial markets
Hill Weighs Bush’s Legacy
the executive branchs power.
Heard on the Hill: It’s Frank’s World; We Just Live In It
Perhaps President Bush could use this line, a takeoff of the films most famous line, directed at the Alabama Republican whos been a thorn in his side: Frankly, Sen.
McCain’s Role in Bailout Debated
Lindsey Graham (R-S.C.) maintained that McCains role in the talks was crucial to getting a deal done.
Boehner’s Week On the Brink
Conservative Republican Study Committee Chairman Jeb Hensarling (Texas) had denounced the bailouts just hours before Boehners appearance.
Gregg Urges Support for Bill
Its a critical product. The option [of not doing it] is an event that which we dont even want to conceive. The downside of not doing it is potentially such a catastrophe, Gregg said.
Parties Exploit Bailout
Among the places where this ad is running are Pennsylvanias 11th district, where Rep.
House Leaders Working for Support
NDC Vice Chairman Adam Smith (Wash.) said leadership has been outstanding in representing the coalitions interests but said two sticking points remain: ensuring that taxpayers get their money
Same Bailout, New Dynamic
Its given the American people a chance to think about whats going on. … Its been a healthy process. As of press time Sunday, negotiators were waiting to announce a formal agreement, and House
Rep. Mark Udall: Rangel Should Give Up Post
Breaking ranks with his partys leaders, Rep.
Dodd, Gregg Optimistic on Passage
Budget ranking member Judd Gregg (R-N.H.) on Sunday said they expect a massive $700 billion economic recovery plan to secure enough buy-in from House and Senate lawmakers to make it to President Bushs
McCain Campaign Says Suspension Helped Deal
Democrats have argued that McCains return interrupted what had been progress toward a deal, which they said appeared imminent.
Despite Rules, Drivers Wanted
Mackowiak also suggests that there is a security component to the Senators driving arrangements, given the fact that earlier this year a man was indicted for stalking her in Texas.