Last week, I wrote a piece in this space lamenting the fact that so many Democrats had voted for a budget package that gutted a key provision of the Dodd-Frank Act. The so called swaps push-out provision, now repealed, required banks to separate their speculative business in derivatives from depository banking covered by government insurance and further protected by the Federal Reserve. The broader budget deal, technically a continuing resolution to keep the government funded through next September, also cut a lot of needed public spending and added several odious riders, including one that raises the ceiling on individual campaign contributions to party committees about tenfold. Had Democrats resolutely opposed the deal, I argued, it would have revealed Republicans as friends of Wall Street and enemies of Main Street -- a useful party differentiation between now and 2016.
Two weeks before Charles Schumer once again delivered for Wall Street with the omnibus budget deal, he gave a major speech in which he sounded like a progressive champion. He embodies the contradictions that will tear the Democratic Party apart over the next two years.
Alaskans of any political persuasion can agree that we should get to name our own state's highest mountain, currently misnamed Mount McKinley. And Sullivan is uniquely positioned to do something about it.
Loath as we are to admit it, there was no single Biggest Winner Of 2014, because the award must be handed, collectively, to the Republican Party. A case could be made for Mitch McConnell, since he will win the biggest prize of any Republican next year: control of the United States Senate.
Yesterday, the Tax Increase Prevention Act of 2014 was passed by Congress, temporarily and retroactively extending more than 50 tax breaks that expired on December 31, 2013, meaning you and other taxpayers out there may receive a little extra holiday cheer this season.
Portraits in Leadership unveiled by Girl Scouts in December, features interviews of sitting members of Congress who discuss their thoughts on leadership. These Senators and Representatives vividly demonstrate that some leaders are born women.
Is this passage of a $1.1 trillion bill a sign of what we can expect from the Republican-led Senate that will take charge Jan. 3?
If the United States had better trained, more professional police, we certainly would not have so many police homicides, which are tearing apart the social fabric of our country.
It's good for the rich, the powerful, and D.C.'s luxury car rental companies. But the Cromnibus is bad for America, and President Obama needs to step up with his veto pen and do the right thing.
The World Bank is currently in the process of an unprecedented review of its social and environmental safeguard policies -- many of which were inspired by acts of Congress and U.S. government advocacy over the last few decades.
Guantanamo is a powerful reminder that language is an instrument of power, equally capable of humanizing and dehumanizing others. Guantanamo itself, with its strange, off-the-books location on Cuba and its strict policy of secrecy, bears witness to the impunity of the powerful.
Without the ability to control when and how to have a family, young people won't be able to drive the economic and social progress needed to secure a prosperous future for our planet and its inhabitants.
It took just a little while to determine who was responsible for this extraordinary rip off of the American people. But thanks to the excellent work of campaign finance reporters who dug out the story, the fog is now lifted on who did the dirty work.
There is currently legislation in the Senate, known as the Clay Hunt SAV Act named for a Veteran lost to suicide. The cost is minimal, a drop in the bucket compared to the $1.1 trillion spending bill recently passed. But it's currently being held up by one man.
Former U.S. Vice-President Dick Cheney was surprisingly persuasive in an emotionally charged Meet the Press appearance Sunday morning. All those Howar...
In principle, Saturday's vote to keep the government open should be the perfect curtain-raiser for the political debates between now and the 2016 election. As their price for averting a government shutdown, Republicans demanded and got a gutting of one of the most important provisions of the Dodd-Frank Act, preventing banks from speculating with government insured money. Agencies hated by Republicans such as the Environmental Protection Agency took big cuts, and a rider was inserted permitting "mountaintop removal" coal mining once again. Another extraneous provision demanded by conservatives permits massive increase in individual campaign contributions. Far worse will be directed at ordinary working families when the new Congress meets in January.