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Paul Kanjorski

Paul Kanjorski Pleads For Civility After Calling For GOP Governor To Be Shot

The Huffington Post | Nick Wing | Posted 05.25.2011 | Politics

Former Congressman Paul Kanjorski (D-Penn.) on Monday joined a chorus of voices calling for more civilized political discussion in the aftermath of th...

Obama Lost A Key Financial Reform Ally Last Night

WSJ | Damian Paletta | Posted 05.25.2011 | Business

Mr. Kanjorski is the second-ranking Democrat on the House Financial Services Committee and stood to inherit the top seat if panel chairman Rep. Barney...

Bill Clinton Stumps For Kanjorski In PA

John Morgan | Posted 05.25.2011 | Home
John Morgan

Former President Bill Clinton hit Greater Nanticoke Area High outside Wilkes-Barre Tuesday to campaign for Congressman Paul Kanjorski, one of many end...

Labor Active As Election Nears

John Morgan | Posted 05.25.2011 | Home
John Morgan

The AFL-CIO hopes to have a major impact on next month's elections. In an internal memo released to the press, spokesperson Marty Marks detailed the o...

Voters Overwhelmingly Support Clean Energy Candidates

Heather Taylor-Miesle | Posted 05.25.2011 | Politics
Heather Taylor-Miesle

Americans know a good idea when they see one. No matter how many millions of dollars the deep-pocketed polluters spend on spreading mistruths this el...

PA-11 Round-Up!

Thomas Borthwick | Posted 05.25.2011 | Home
Thomas Borthwick

In Pennsylvania's 11th Congressional District, Republican candidate, Mayor Lou Barletta of Hazleton, is facing off against incumbent Congressman Paul ...

Wall Street Reform Bill Means No More Bailouts

Rep. Paul Kanjorski | Posted 05.25.2011 | Politics
Rep. Paul Kanjorski

Those terrifying months in late 2008 convinced me that the federal government needed to play a far more active role in policing the activities of the major financial players in our economy. This finance reform bill will do that.

Shahien Nasiripour

Geithner Stresses Need For 'Clear Rules' For Wall Street, But Senate Bill Doesn't Have Them | Shahien Nasiripour | Posted 05.25.2011 | Business

In yet another sign that the country can't rely solely on regulators to police the financial system, Treasury Secretary Timothy Geithner told Congress...

Richard Fuld, Former Lehman CEO, Dodges Questions On Why Bank Failed (VIDEO)

Huffington Post | Ryan McCarthy and Nathaniel Cahners Hindman | Posted 05.25.2011 | Business

In a maddening exchange today between former Lehman Brothers CEO Richard Fuld and Rep. Paul Kanjorski (D - PA.) in front of the House Financial Servic...

Don't Forget the Kanjorski Amendment

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

The Kanjorski amendment is important for the next time a major bank gets into serious trouble. Judging from their current swagger and the slogans you hear from top bankers, we only have to wait a few years for the next bailout cycle.

Wall Street Bank Lobby Faces 'Live Ammo' As Lawmakers Ponder Breaking Up Big Banks | Alison Vekshin and Robert Schmidt | Posted 05.25.2011 | Business

Nov. 12 (Bloomberg) -- Seven Wall Street lobbyists trooped to Capitol Hill on Nov. 9, hoping to convince Representative Paul Kanjorski's staff that hi...

Shahien Nasiripour

Fed Chairman Blames Banks For Continued High Unemployment | Shahien Nasiripour | Posted 05.25.2011 | Business

Federal Reserve Chairman Ben Bernanke on Monday blamed banks for slowing the recovery and keeping unemployment high. Despite hundreds of billions i...

Shahien Nasiripour

Obama Administration Helps House Democrat Gut Post-Enron Reforms | Shahien Nasiripour | Posted 05.25.2011 | Business

With the White House's blessing, a House panel voted Tuesday to water down a key post-Enron measure designed to protect investors. In a voice vote, m...

How Credit Raters Fended Off Oversight From Congress And The SEC

Huffington Post Investigative Fund | Ben Protess and Lagan Sebert | Posted 05.25.2011 | Business

Editor's Note: This is the second of three articles by the Investigative Fund on the credit rating companies. Read the first article here. When the n...

The End of 'Too Big to Fail'

Rep. Paul Kanjorski | Posted 05.25.2011 | Business
Rep. Paul Kanjorski

The economic meltdown we narrowly averted last year rightfully convinced the American people that we need to re-examine the fundamental structure of our financial system. Naturally, Wall Street disagrees.

How Big Is Too Big? Two New Bills Try To Answer That Question | PETER BOONE and SIMON JOHNSON | Posted 05.25.2011 | Business

As legislation on restructuring the banking industry moves forward, attention on Capitol Hill is increasingly drawn to the issue of bank size. Should ...

Shahien Nasiripour

10 Years Ago Today, Congress Allowed For "Too Big To Fail" | Shahien Nasiripour | Posted 05.25.2011 | Business

On the 10th anniversary of Congress voting to repeal the law that had long separated Main Street commercial banking from Wall Street investment bankin...

Arthur Delaney

Kanjorski Brings In Big Bucks From Wall Street, Declines To Reveal Guests At Fundraiser | Arthur Delaney | Posted 05.25.2011 | Politics

Rep. Paul Kanjorski (D-Pa.), a senior member of the House Financial Services Committee, raised $164,500 from finance, insurance, and real estate inter...

AIG and the Rest of the Looters

Rick Horowitz | Posted 05.25.2011 | Business
Rick Horowitz

What if the regulators were better rewarded for their efforts? Much better rewarded? What if they could keep some hefty percentage of the proceeds of every scam they uncovered, every scheme they shut down?

Elijah Cummings Knew About $1 Billion in AIG Bonuses for "Months" -- Why Didn't Timothy Geithner?

Jane Hamsher | Posted 05.25.2011 | Politics
Jane Hamsher

Cummings' statements, if true, mean that many journalists have been fed a bill of goods by their "anonymous" administration sources.

Ryan Grim

Bipartisan Congressional Panel Calls For Reform Of Mark-To-Market Accounting Rules | Ryan Grim | Posted 05.25.2011 | Politics

A bipartisan panel of legislators pressed for changes to mark-to-market accounting rules on Thursday, telling a trio of regulators that the accounting...

Ryan Grim

Mark-To-Market Accounting To Get Public Hearing | Ryan Grim | Posted 05.25.2011 | Politics

Mark-to-market accounting is due to get a public hearing in March, Rep. Paul E. Kanjorski (D-Penn.) announced Thursday. The accounting practice requir...

Key Democrat Slams Stimulus, Predicts More Bailouts

The Hill | Posted 05.25.2011 | Politics

A key Democrat on Tuesday lambasted the economic stimulus bill that is headed to the House floor, claiming it was put together too quickly and won't h...

2008 Pennsylvania CD-11 General Election:
Barletta (R) vs Kanjorski (D-i)

Posted 05.25.2011 | Politics

PA-11: Barletta vs Kanjorski