politics

Filed under: Democrats, Barack Obama, Nancy Pelosi, Obama Administration, Afghanistan, CongressPresident Obama will be speaking to West Point cadets - and to the nation - when he lays out his new strategy for Afghanistan next Tuesday, but his toughest audience may be Democratic leaders on Capitol Hill where House Speaker Nancy Pelosi says there is "serious unrest" in the party about spending billions more for the war, the Washington Post...  

ABA President Carolyn Lamm sent a letter to Attorney General Eric Holder Wednesday, praising his move to bring detainees suspected of being involved in the 9/11 terrorist attacks to trial. "The transfer of these high-profile cases to federal court affirms this nation’s adherence to due process and the rule of law, and clearly establishes that these men are being tried as criminals, not as soldiers in armed conflict," Lamm wrote on behalf of...  

The issue has been festering for months: Why were AIG's counterparties -- including Goldman Sachs, JPMorgan Chase, and UBS -- paid 100 cents on the dollar when the feds rescued the insurance giant, helping raising the cost of the bailout to nearly $200 billion? A new report issued by Special Inspector General Neil Barofsky now reveals that government officials, notably then-New York Fed President and current Treasury Secretary Timothy Geithner...  

House Speaker Nancy Pelosi warned Tuesday that every dollar President Obama decides to spend on the war in Afghanistan is one less that's available to help bring about an economic recovery, improve the jobs situation and bank away political capital for Democrats leading up to the midterm elections. "I think we have to look at that war with a green eyeshade on," Pelosi (D-Calif.) said Tuesday on a conference call with financial reporters and...  

The issue has been festering for months: Why were AIG's counterparties—including Goldman Sachs, JPMorgan Chase, and UBS—paid 100 cents on the dollar when the feds rescued the insurance giant, helping raising the cost of the bailout to nearly $200 billion? A new report issued by Special Inspector General Neil Barofsky now reveals that government officials, notably then-New York Fed President and current Treasury Secretary Timothy Geithner...  

Filed under: Rumors, Management, JPMorgan Chase (JPM), Options, Politics, DJIA, Financial CrisisA report in The New York Post suggests that Jamie Dimon, CEO of JPMorgan Chase (JPM), could be the logical replacement for current U.S. Treasury Secretary Timothy Geithner. The paper's sources indicate that "a number of policy makers have begun mentioning Dimon as a successor to Geithner, whose standing in Washington has suffered because of the...  

I have said before, I think it will be pretty difficult to replace Geithner, but now we have President Obama's "favorite banker" being named as a possible replacement. NyPo reports As support for Treasury Secretary Timothy Geithner wanes on Capitol Hill amid frustration with the Obama administration's handling of the economy, JPMorgan Chase CEO Jamie Dimon is emerging as a potential replacement. Sources tell The Post that a number of policy...  

WASHINGTON — A deal to house Guantanamo Bay detainees at a northwestern Illinois prison could bring nearly 3,000 jobs to the area, a White House analysis says. Residents from the seven-county area surrounding the Thomson, Ill, prison would be "excellent candidates" for up to 1,400 of the jobs generated in the deal's first year, according to the report by the president's Council of Economic Advisers. The report comes as officials from...  

Well Mr. President, How is that outreach to terrorists working out for you? Today Iran provided its answer to the Presidential appeasement, they have announced they have approved a plan to build TEN new nuclear power plants. The Iranian government on Sunday approved a plan to construct 10 new uranium enrichment plants, just two days after the International Atomic Energy Agency voted to rebuke the Islamic Republic for building an enrichment...