Richard Shelby

Ryan Grim

Frank: Banks Shouldn't Pick Their Own Regulators

HuffingtonPost.com | Ryan Grim | Posted 10.28.2009 | Politics


House Financial Services Committee Chairman Barney Frank is backing his colleagues in the upper chamber who have called for an end to the practice of ...

Ryan Grim

GOP Sen. Shelby: Reorganize The Fed

HuffingtonPost.com | Ryan Grim | Posted 10.22.2009 | Politics


The directors of the Federal Reserve regional banks are selected by the very banks that the Fed is supposed to regulate. It's a bizarre entanglement o...

Regulation? They're Banking on the Status Quo

Rick Horowitz | Posted 09.25.2009 | Politics


Rick Horowitz

There were those who expected the financial-services industry to slink away in embarrassment after the setbacks of the past year. These people misjudged us.

Sam Stein

Compromise Co-Op Proposal Won't Lower Costs, Government Study Showed

HuffingtonPost.com | Sam Stein | Posted 09.17.2009 | Politics


The health care reform compromise that centrist Democrats and several Republicans have indicated they'd support has shown an inability to effectively ...

Think Again: Why Not the Best?

Eric Alterman | Posted 08.23.2009 | Politics


Eric Alterman

The position of many health reform opponents in Congress is that America has "the finest health care in the world now." I decided to look at just how well we are doing health care wise.

Think Again: Chiller, Socialist Theater

Eric Alterman | Posted 07.19.2009 | Media


Eric Alterman

In conservative world, this administration is leading a march on socialism. Just last week alone, Media Matters counted more than 143 mentions of the word "socialism" on the cable news shows.

Shelby Blames Obama For Bank Bailouts Under Bush

Think Progress | Posted 07.08.2009 | Politics


This morning on Fox News Sunday, host Chris Wallace asked Sen. Richard Shelby (R-AL) why he believes the Obama administration is "taking us down the r...

Ryan Grim

Handwritten Notes Show Fed Oversight Bill Neutered On Senate Floor

HuffingtonPost.com | Ryan Grim | Posted 06.08.2009 | Politics


Legislation to give Congress greater oversight of the Federal Reserve was severely watered down on the Senate floor Wednesday in private negotiations ...

Sen. Richard Shelby: Keep Stress Test Results Secret

The Hill | Posted 06.05.2009 | Politics


Sen. Richard Shelby (R-Ala.), the top ranking Republican on the Senate Banking Committee, thinks the government should keep the results of bank "stres...

Ryan Grim

Credit Card Deal In Works As Senators Work Through Weekend

HuffingtonPost.com | Ryan Grim | Posted 06.04.2009 | Politics


Senate negotiators worked through the weekend to come up with a bipartisan compromise on reform legislation that seeks to rein in deceptive credit car...

Sam Stein

GOP Begins Laying Out Campaign Against Obama's Court Pick

HuffingtonPost.com | Sam Stein | Posted 06.03.2009 | Politics


The framework of the forthcoming battle over Barack Obama's Supreme Court pick began to materialize on Sunday, as a range of Republican officials sent...

Sen Shelby Holds Pentagon Nomination Over Tanker Controversy

The Hill | Posted 05.04.2009 | Politics


Controversy over a $35 billion Air Force midair refueling tanker contract is spilling into the confirmation of the Pentagon's next acquisition chief. ...

Why Can't Poor Tim Geithner Staff Up At Treasury? A Scandal That Calls For Diogenes?

Thomas de Zengotita | Posted 04.19.2009 | Politics


Thomas de Zengotita

Why, after all this time, in this moment of desperate urgency, can't poor Tim fill senior positions at the Treasury Department?

Should Geithner, Summers, Bernanke et al. Go?

Judith Ellis | Posted 04.18.2009 | Politics


Judith Ellis

Nassim Nicholas Taleb addresses some very important issues in an interview with CNBC. On my blog I have written more than a few posts on this brillian...

Ryan Grim

Red States Gobble Up Omnibus Earmarks

HuffingtonPost.com | Ryan Grim | Posted 04.02.2009 | Politics


If it's budget time, it's good to be a red state. And it's very good to be Mississippi. According to an analysis by the nonpartisan Taxpayers for Co...

Worst Week Ever: Republicans Unhinged

Paul Jenkins | Posted 03.29.2009 | Politics


Paul Jenkins

This week, just like the stock market (funny how that goes), Republicans hit yet a new low.

The Racial Comeback

Charles D. Ellison | Posted 03.25.2009 | Politics


Charles D. Ellison

Even if we've made strides in accomplishing a decent level of social comfort and affability, we have some ways to go before truly claiming a complete, unconditional truce on the subject of race.

Richard Shelby, Alabama Senator, Questions Obama's Citizenship

The Huffington Post | Rachel Weiner | Posted 03.25.2009 | Politics


UPDATE: Richard Shelby's spokesman said the Cullman Times report in which he appears to question President Obama's citizenship is a "distortion" and t...

GOP Sen. Shelby: Geithner "Wasted" Senate's Time

CBS | Posted 03.14.2009 | Politics


Republican Sen. Richard Shelby of Alabama, the top Republican on the Senate Banking Committee, on Wednesday lambasted Treasury Secretary Tim Geithner'...

Bush Punts Auto Industry to Team Obama; UAW Concedes Even More

Steve Parker | Posted 01.19.2009 | Business


Steve Parker

This "agreement" is just another part of the recent "Bush/Cheney Revisionist History Farewell Tour." It was created to fail, just as long as that failure didn't happen while Bush was still president.

Do Southern Senators Really Want to Start a New War Between the States?

RJ Eskow | Posted 01.16.2009 | Politics


RJ Eskow

Southern states have been benefiting from Northern taxes for years. If they start another War Between the States, the Federal gravy train might suddenly stop at the Mason-Dixon line.

Why Detroit -- Like New York -- Shouldn't Be Allowed To Go Bankrupt

Jane Hamsher | Posted 01.11.2009 | Politics


Jane Hamsher

Before the Democrats give in to the demands of red state senators who foolishly think they will gain something if they force Detroit into bankruptcy, I hope that the Democratic leadership makes them filibuster.

$14 billion auto bailout dies in Senate

AP | JULIE HIRSCHFELD DAVIS and KEN THOMAS | Posted 01.11.2009 | Business


WASHINGTON — A $14 billion emergency bailout for U.S. automakers collapsed in the Senate Thursday night after the United Auto Workers refused to...

Auto bill clears House; Should it pass the Senate, too?

Steve Parker | Posted 01.10.2009 | Business


Steve Parker

And now, it's on to the Senate! The House today passed, 237 to 170, HR 7321, the automotive loan bailout bill, and has sent it on to the Senate. H...

Big Three Automakers to Give Every American a Free Car

Billy Kimball | Posted 01.10.2009 | Politics


Billy Kimball

The plan, dubbed the "Unprecedented Winter Sales Event" in internal company documents, was reportedly the brainchild of a marketing team at Chrysler, the most beleaguered of the Big Three.