Political Capital

Daily Archives: June 19, 2012

A Washington Nationals Bryce Harper fan during a game against the New York Mets on June 7, 2012 at Nationals Park in Washington.

Photograph by Mitchell Layton/Getty Images

A Washington Nationals Bryce Harper fan during a game against the New York Mets on June 7, 2012 at Nationals Park in Washington.

Harry Reid to Reporter: ‘That’s a Clown Question, Bro’

Senate Majority Leader Harry Reid got laughs at his press conference today when he knocked down a reporter’s question by quoting Washington Nationals player Bryce Harper: “That’s a clown question, bro.” Reid had been asked about Republican Senate Leader Mitch McConnell’s earlier statement that...

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This video frame grab provided by the Mitt Romney presidential campaign shows a scene from an ad entitled: "Believe in America" running in New Hampshire.

Photograph by Romney Presidential Campaign via AP Images

This video frame grab provided by the Mitt Romney presidential campaign shows a scene from an ad entitled: "Believe in America" running in New Hampshire.

Obama’s FEC Stance Doesn’t Sit Well with Good-Government Groups

Faced with a dysfunctional Federal Election Commission, a trove of good-government and watchdog groups petitioned the White House to do something about it. After all, President Obama could nominate replacements for the five commissioners serving under expired terms, even putting...

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Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at a House Financial Services Committee hearing in Washington on June 19, 2012.

Photograph by Andrew Harrer/Bloomberg

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at a House Financial Services Committee hearing in Washington on June 19, 2012.

Dimon Before Congress Is Campaign Donor Meeting Beneficiaries

JP Morgan CEO Jamie Dimon is familiar enough with the ways of Washington, D.C., that he’s made campaign donations to dozens of members of Congress — including some questioning him in committee hearings today and last week. Spencer Bachus, the...

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Antonio Villaraigosa is greeted by Filipino World War II veterans, including some who were on the Bataan Death March, at the Philippine Village Community Center in the Los Angeles.

Photograph by David McNew/Getty Images

Antonio Villaraigosa is greeted by Filipino World War II veterans, including some who were on the Bataan Death March, at the Philippine Village Community Center in the Los Angeles.

Magic Number of the Day: 18.2 million

That’s the number of U.S. residents of Asian descent, according to Census Bureau estimates as of July 1, 2011. Asian-Americans accounted for about 5.8 percent of the nation’s population at that time, Census data show. Asians have surpassed Hispanics as...

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American banker and financier John Pierpont Morgan Sr., center, with his daughter Louisa Morgan and son John Pierpont Morgan Jr.

Photograph by FPG/Getty Images

American banker and financier John Pierpont Morgan Sr., center, with his daughter Louisa Morgan and son John Pierpont Morgan Jr.

Politics of Fed Setup Come to JPMorgan

When banks failed and a broader economic collapse loomed in the panic of 1907, there was no Federal Reserve to come to the rescue. John Pierpont Morgan led a group of bankers in forming a pool of money to bail...

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Leaving the Supreme Court after justices decided to wait on a ruling on the Affordable Care Act, in Washington on June 18, 2012.

Photograph by Michael Reynolds/EPA

Leaving the Supreme Court after justices decided to wait on a ruling on the Affordable Care Act, in Washington on June 18, 2012.

Health Law Prognostication Bedevils Analysts

Guessing how the Supreme Court may rule on the U.S. health-care law is bedeviling Wall Street analysts, who’ve turned to everything from flow charts to legal analysis to help investors prepare for the ruling. CRT Capital Markets’ Sheryl Skolnick produced...

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Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at a Senate Banking Committee hearing in Washington on June 13, 2012.

Photograph by Andrew Harrer/Bloomberg

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at a Senate Banking Committee hearing in Washington on June 13, 2012.

Washington Daybook: Second Time Around

JPMorgan Chase & Co. CEO Jamie Dimon returns to Capitol Hill today at 9:30 a.m. to testify at a House Financial Services Committee hearing. Dimon, who appeared before the Senate Banking Committee on June 13, may face questions from lawmakers over whether the bank’s...

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Daniel Tarullo, governor of the U.S. Federal Reserve, right, with Senator Sherrod Brown, a Democrat from Ohio, before a Senate Banking hearing.

Photograph by Andrew Harrer/Bloomberg

Daniel Tarullo, governor of the U.S. Federal Reserve, right, with Senator Sherrod Brown, a Democrat from Ohio, before a Senate Banking hearing.

Washington JPMorgan Probe Finding Banks Too-Big-To-Manage?

Sherrod Brown said it last week — and when JPMorgan CEO Jamie Dimon comes back to Washington today, Congress is going to try to pinpoint whether the Democratic Senator is right. Flash back a few days to Dimon, who has...

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