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Richard Shelby

Shorting Democracy

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

The GOP has now gone on record officially as saying it wants to block the Senate from even discussing a financial reform bill. When it comes to reform, they don't want the democratic process to take place at all.

GOP, Ben Nelson Block Debate On Financial Reform Bill

AP | JIM KUHNHENN | Posted 05.25.2011 | Politics

WASHINGTON — Undaunted by a Senate setback, Democrats appeared increasingly confident Monday they will be able to take advantage of Americans' a...

Senators Push For Deal On Financial Reform Bill (VIDEO)

Huffington Post/AP | Posted 05.25.2011 | Politics

WASHINGTON - The Senate's top negotiators on financial overhaul legislation said Sunday they were not optimistic about striking a bipartisan agreement...

Obama Rejects Bipartisan Bank Deal

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

Obama realizes that public opinion is moving in the direction of tougher banking reform, and learned from the health debate that bipartisan compromise on key reform issues is a snare and a delusion.

Key Democratic, GOP Senators Say They're Close To Agreement On Financial Reform

Washington Post | Brady Dennis and Paul Kane | Posted 05.25.2011 | Politics

Key members of both parties said Wednesday that they are close to agreeing on the main elements of a bill to overhaul the nation's financial regulatio...

Shelby Wins Alabama GOP Primary, Defeats Tea Party Challenger

Posted 05.25.2011 | Politics

MONTGOMERY, Ala. (AP) -- Four-term Alabama Republican U.S. Sen. Richard Shelby easily beat his primary challenger, tea party activist N.C. "Clint" Mos...

Shahien Nasiripour

Bank Lobbyists Fought For Very Thing They're Now Trying To Kill, Says Elizabeth Warren | Shahien Nasiripour | Posted 05.25.2011 | Business

Bank lobbyists are fighting to derail a key element of consumer protection which they fought to preserve just four years ago, threatening to kill fina...

Senator Shelby: Dodd Bill Doesn't Fix 'Too Big To Fail'

Posted 05.25.2011 | Business

Alabama Senator Richard Shelby, the ranking Republican on the Senate Banking Committee, has written a letter to Treasury Secretary Tim Geithner voicin...

Ryan Grim

Shelby, Key Republican Senator, Will Back Bank Trading Ban Amendment | Ryan Grim | Posted 05.25.2011 | Business

Richard Shelby, the top-ranking Republican on the Senate Banking Committee, will vote for a controversial amendment to ban banks from trading taxpayer...

The Payday Industry's Powerful Friend

Gary Rivlin | Posted 05.25.2011 | Politics
Gary Rivlin

The country's payday lenders and check cashers gave more in campaign donations to Senator Richard Shelby (R-Ala.) than any other Republican in Congress.

Shahien Nasiripour

Top GOP Senator: We're Willing To Wait Out The Clock On Wall Street Reform | Shahien Nasiripour | Posted 05.25.2011 | Business

The top Republican on the Senate Banking Committee said Thursday that he doesn't expect Republicans on the panel to get much accomplished in shaping t...

Dodd's Bill Holds No One Accountable

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

Financial reform is complicated, but the principles behind it are simple. Here's one: The needs of the American consumer should be given as much weight as those of big banks.

GOP Delaying Tactics On Financial Reform On Display

Baseline Scenario | Simon Johnson | Posted 05.25.2011 | Business

Senator Richard Shelby, ranking Republican on the Senate Banking Committee, today issued the following statement,...

Congress' Role In BP Oil Spill Questioned: CNN's Candy Crowley Interviews Sens. Shelby, Nelson

Posted 05.25.2011 | Politics

Congressional hearings are piling up in the wake of the April 20 explosion and subsequent oil leak from the BP-leased Deepwater Horizon Oil Rig in the...

An Open Letter to the State of Alabama

Adam McKay | Posted 05.25.2011 | Comedy
Adam McKay

Why would Senator Shelby oppose the Consumer Financial Protection Agency and fight against the interests of the people of Alabama? Simple. Cause the banks and credit card companies give him a ton of cash.

Ryan Grim

New CFPA Proposal Would Put Bank Board Over Top | Ryan Grim | Posted 05.25.2011 | Politics

The Consumer Financial Protection Agency would have a board of bank regulators over top of it that could object to and veto its proposed rules if Chai...

Ryan Grim

Even Watered-Down CFPA Doesn't Satisfy Key Republican | Ryan Grim | Posted 05.25.2011 | Politics

Sen. Richard Shelby (Ala.), a key Republican negotiator on the Banking Committee, said that the idea of a Consumer Financial Protection Agency with in...

From New Deal to No Deal

Michael Bendetson | Posted 05.25.2011 | Politics
Michael Bendetson

Partisanship is healthy in a democracy. However, the hyper-partisanship seen in recent years has damaged people's faith in government and also has proved detrimental to the country itself.

Sam Stein

Lindsey Graham: Richard Shelby Was 'Wrong' To Place Blanket Hold On Obama Nominees | Sam Stein | Posted 05.25.2011 | Politics

In a blow to Republican insistence that they have played a non-obstructionist role in slowing down the Democratic legislative agenda, one of the GOP's...

Institutionalized Irrationality: Republicans, the Senate, and US Foreign Policy

Peter Henne | Posted 05.25.2011 | Politics
Peter Henne

It will be up to the American people to decide whether the second decade of the 21st-century will be an example of the pathological effects of domestic politics, or a case of a country overcoming domestic divides to advance effective foreign policy.

Weak: Laying the Groundwork for Election Messaging

August J. Pollak | Posted 05.25.2011 | Politics
August J. Pollak

Laying the groundwork for election messaging. To see more of August J. Pollak's cartoon "Some Guy With a Website," check out the archive....

How Much Longer Can the GOP Maintain Credibility When All They Say Is "No! No! No! No! No!"?

Kara Vallow | Posted 05.25.2011 | Politics
Kara Vallow

It seems that there is no Republican principle that cannot be instantly disavowed if Obama decides it's worth backing.

Ryan Grim

Richard Shelby: Chris Dodd 'Is Gonna Go With His Bill And Go It Alone' | Ryan Grim | Posted 05.25.2011 | Business

Senate negotiators are at an impasse over the Consumer Financial Protection Agency, Richard Shelby, the ranking Republican on the Senate Banking Commi...

Harry Reid Ready For Recess Appointments

Politico | Manu Raju | Posted 05.25.2011 | Politics

Senate Majority Leader Harry Reid used to consider recess appointments "an end run around the Senate and the Constitution" -- so much so that he kept ...

Shelby Releases Hold On Obama Nominees

AP | Posted 05.25.2011 | Politics

WASHINGTON — Republican Sen. Richard Shelby of Alabama will stop blocking Senate confirmation of about 70 government appointees nominated by Pre...