Fight Over Romney’s CEO Tenure May Not Mean Much
NPR: “The political fight of the moment is just when (Mitt) Romney stopped running Bain Capital, which specialized in buying troubled companies and turning them around. … What does it mean that these documents listed him as the company’s top executive? From a technical standpoint, a lot — but from a practical standpoint, maybe not as much as…
Bernanke’s Testimony Will be Closely Watched
CQ Today: “The testimony of Fed Chairman Ben S. Bernanke before the Joint Economic Committee on Thursday will be closely watched for signs of whether the Fed will inject more monetary stimulus into the economy following last week’s dismal employment report. Bernanke has argued that persistent weakness in consumer demand has been the main factor preventing businesses from…
Daily Briefing: Choosing Their Battles
Republicans are firming up plans for pushing back much of the fiscal cliff by a full year — because they’ve concluded their post-election political muscle won’t be strong enough to impose all of their fiscal will, either in the lame duck or early in the next Congress. It’s outside the realm of possibility that the GOP will…
MegaVote: May 21, 2012
Editor’s Note: The House is in recess this week. Recent Senate Votes Paul Budget Resolution - Vote Rejected (16-83, 1 Not Voting), Roll Call No. 100 This budget resolution from Sen. Rand Paul, R-Ky., would set new FY 2013 budget authority at $3.084 trillion. According to the Senator, his resolution would balance the budget in five years and…
Daily Briefing: Firm Words
Although he didn’t offer a clue about how, Speaker John Boehner predicted unambiguously yesterday that Congress would call off the doubling of college loan rates that’s on course for four months before the election. “Democrats and Republicans have been working together to get this resolved and I believe that we will,” the Speaker said —…
