Lawmakers and lobbyists in Washington are busy chewing over the possibility that one of the main advocates of breaking up the big banks could be in the running to take over the Senate Banking Committee in 2015. The current chairman...
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Photograph by T.J. Kirkpatrick/Getty Images
Sen. Sherrod Brown, center, takes his seat beside Sen. Jon Tester and Sen Robert Menendez, right, before the confirmation hearing of Richard Cordray, nominee for director of the Consumer Financial Protection Bureau, and Mary Jo White, nominee for chair of the U.S. Securities and Exchange Commission, in the Senate Committee on Banking, Housing and Urban Affairs on March 12, 2013 in Washington, DC.
Could ‘Break Up the Banks’ Senator Take Johnson’s Spot?
Photograph by Christopher Polk/Getty Images
Actor Daniel Day-Lewis and wife Rebecca Miller arrive at Hollywood & Highland Center on Feb. 24, 2013 in Hollywood.
No Best Picture, but Another Washington Party for Lincoln
Fresh from a mixed Oscars performance, the reanimated spirit of Abraham Lincoln can seek solace today in the 150th birthday celebration kicked off by one of his lesser-known legacies. While fighting the Civil War and emancipating slaves, the 16th president...
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Photograph by Emma Fidel/Bloomberg
Citigroup Executive Vice President Candi Wolff has been escaping Washington, D.C., for her family's Christmas tree farm every year since 1994.
The Secret (Santa) Life of a Washington Lobbyist
Citigroup Inc. Executive Vice President Candi Wolff can talk about Christmas trees for hours. She can tell you how an electric tree baler works, the difference between a Colorado Blue Spruce and a Douglas Fir, and that tree sales are...
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Photograph by Andrew Harrer/Bloomberg
Representative Jeb Hensarling, a Republican from Texas, right, and Representative Eric Cantor, a Republican from Virginia, during a news conference following a Republican Conference meeting at the Capitol.
Frank’s Frank Hensarling Talk: `Complete and Total Irrelevance’
Rep. Barney Frank, who spent two years leading the House Financial Services Committee, says incoming chairman Jeb Hensarling of Texas will bring “complete and total irrelevance” to the committee. “Legislatively, he’s so far out of the mainstream,” Frank, a Massachusetts...
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Photograph by Jin Lee/Bloomberg
Vikram Pandit, chief executive officer of Citigroup Inc.
From a KKR Perch, More Scrutiny Ahead for Wall Street
Vikram Pandit’s abrupt departure from Citigroup today is yet another reminder that Wall Street, while healing, is still in a state of existential crisis. Big questions abound about the future of the big banks in the face of a sluggish...
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Photograph by Robyn Beck/AFP/Getty Images
'March On Wall Street South' demonstrators protest in Charlotte.
Bank Group Courting Secret Donors for Senate Campaigns: $6 Million?
American banks have been reluctant to make political waves in the wake of the 2008 financial crisis. That may be about to change. In a private conference call with members yesterday, senior officials from the American Bankers Association laid out...
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Photograph by Charly Kurz/laif/Redux
Sanford "Sandy" Weill
Banking’s Sandy Weill: Latter-Day Nobel Playing with Dynamite?
Sanford Weill is blowing Washington minds. The former Citigroup CEO who helped engineer the country’s current financial system in the late ’90s says he now thinks investment banks and commercial banks should be split up. His change of heart voiced...
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Photograph by Pete Marovich/Zuma Press
Sen. John McCain
McCain: ‘Mark my Words’ — Campaign Finance ‘Scandal Not Far’
For years, John McCain’s name was synonymous with campaign finance reform. Bruised by his exposure to a scandal in his early years as a senator involving Arizona businessman Charles Keating, a generous campaign contributor who sought help with federal banking...
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Photograph by David Paul Morris/Bloomberg
An automated teller machine (ATM) in San Francisco.
The Owner of This ATM May Charge You an Added $3 Fee Per Transaction
Call it a sign of the regulatory times: Banks want relief from a requirement to post signs on automated teller machines advising customers of the fee they’ll pay for a transaction. That relief is called H.R. 4367. Chris Strohm reports...
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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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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
