Today President Obama will announce that he is appointing Elizabeth Warren to the new Consumer Financial Protection Bureau: The President asked me, and I enthusiastically agreed, to serve as an Assistant to the President and Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau. He has also asked me to […]
The right is making a big deal over a bill the Democrats voted down to “recoup” the bonuses from AIG. Here is the text of the bill: Section 1: The Secretary of the Treasury shall, notwithstanding any other provision of law, implement a plan within the next two weeks to recoup or stay the payment […]
I guess it is if you are a Democrat, but Republicans seem to be ok with it (from Raw Story): An economist who once served as President Reagan’s Assistant Secretary of the Treasury compares President George W. Bush to Adolf Hitler in a column at the libertarian website Anti-war.com. “Bush is like Hitler,” Paul Craig […]