Independent voices from the TWT Communities
The Senate on Monday unanimously confirmed President Obama's appointment of Mary Jo White to lead the Securities and Exchange Commission, even as Republicans continue to reject Richard Cordray, who was nominated at the same time to head another financial watchdog agency.
Nearly three years after Congress passed the most far-reaching new regulations on Wall Street since the Great Depression, worries have resurfaced that the biggest U.S. banks have only grown in size and remain bailout candidates because they are "too big to fail."
The issue of crony capitalism is slowly emerging as a political issue that could provide Republicans with an opening to leapfrog Democrats on the question of job creation, economic growth and the widening income gap.
Senate Republicans used the confirmation hearing for the head of President Obama's new Consumer Financial Protection Board to air their continued unhappiness with the agency's funding and what they said was its lack of accountability.
Even Sheldon Adelson only gets to vote once.
Republicans fell short Tuesday night of their goal of winning control of the Senate, after a campaign beset with weak candidate recruitment and self-inflicted gaffes in some of the GOP's most promising races.
Mitt Romney is making a late-campaign play to win over Rust Belt voters by trying to dent President Obama's credentials on his federal auto bailout — but the claims he is making about Chrysler creating jobs in China are drawing return fire from Democrats and the auto workers union.
With the race tightening less than two weeks before Election Day, the candidates for U.S. Senate in the swing state of Ohio squared off Thursday night in their final debate.
The U.S. Senate contest in Virginia between Democrat Tim Kaine and Republican George Allen is far and away the most expensive Senate race in the country in terms of third-party spending, underscoring the closeness of a race that's essentially been tied from the outset and its importance in determining which party will control the chamber come January.
You're a mom arriving home from work on Friday in Cincinnati, and you flip on the local ABC news as you push the kids outside to play and settle in the kitchen to get dinner ready.