Submitted by Anne Landman on
Last July, President Obama nominated Regina Benjamin, M.D., an African-American doctor from rural Alabama and recipient of a 2008 MacArthur Foundation "genius grant," to be the next Surgeon General, the nation's top public health official.
Submitted by Anne Landman on
Submitted by Mary Bottari on
According to the Wall Street Journal, federal "pay czar" Kenneth Feinberg will order seven bailed out financial institutions and auto companies to cut their compensation packages for top officers by 25%-50%. According to one professor interviewed, this represents a "seismic shift" in corporate governance.
Congress Daily reports today that the Consumer Financial Protection Agency (CFPA), faces another serious challenge and this time from Wisconsin. Milwaukee Rep. Gwen Moore, D-Wis., appears close to getting her amendment adopted to exclude providers of credit insurance from regulation by the CFPA.
Submitted by John Stauber on
Christopher Hayes reports on the Common Purpose Project: "From day one the (Barack Obama) administration has pursued a strategy of keeping its progressive allies on the White House playbook.
Submitted by Anne Landman on
The media analysis group Fairness and Accuracy in Reporting (FAIR) issued an action alert September 22 titled "NYT Slams Single-Payer" that described lopsided reporting in a New York Times article about "Medicare for all," a form of a single-payer health care system.
October 14th, the Obama administration's principal piece of financial service reform legislation, the Consumer Financial Protection Agency, will be up for committee consideration in the House Financial Services Committee. The most important thing to know about the bill? It creates a new federal agency in Washington whose sole purpose is to protect consumers from the deceptive tricks and traps of the financial services industry. The most important thing to know about the committee reviewing the bill? It's on FIRE.
Submitted by Anne Landman on
After months of appearing to be cooperative while quietly working behind the scenes to influence health care reform, the health insurance industry has finally launched a wholesale attack against the Senate Finance Committee's health insurance reform legislation on the day before Committee members are set to vote on the plan.
Submitted by Mary Bottari on
Rarely does the U.S. government crack down on itself for misleading the public, but in a refreshing turn of events -- that is just what happened this week in Washington, D.C.
Neil Barofsky, Special Inspector General of the Troubled Asset Relief Program (a.k.a. the SIGTARP ) caused quite a stir in Washington last week when he released a quarterly report that attempted to tally up the total dollar amount of federal government commitments related to the bailout. Those commitments include federal government programs that spend taxpayer money or issue loan guarantees in an attempt to rescue financial services institutions and support the economy. While the administration and the media have focused on the $700 billion in bailout funds explicitly authorized by Congress, Barofsky tried to bring a little transparency to the complex array of federal programs including those of the Treasury and the opaque Federal Reserve. His report put the potential outlay of taxpayer dollars of the combined 50-plus programs at an astonishing $23.7 trillion.
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