Many critics of the Dodd-Frank financial regulatory overhaul will say that the bill’s biggest shortcoming is its failure to reduce the size of the largest banks — the ones that are “Too Big To Fail.” Federal Reserve Governor Daniel Tarullo,...
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This September 15, 2008 file photo shows the sign for Lehman Brothers headquarters in New York.
Dodd-Frank’s Missing Link
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?
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...
Read more »Sherrod Brown Financial Backer Plans Own Race in 2014
An Ohio Democratic lawyer and political activist who led fundraising for Senator Sherrod Brown’s successful 2012 re-election campaign doesn’t rest on his laurels — he’s already a candidate himself for a House seat in 2014. Michael Wager, 61, will seek election...
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Photograph by Tony Dejak/AP Photo
Democratic Sen. Sherrod Brown waves to supporters after speaking at a campaign event for President Barack Obama at Nationwide Arena on Nov. 5, 2012, in Columbus, Ohio.
Ohio Poll, like Ohio, Getting it Right
There’s been a lot of talk about wrong polls this year, because there have been a lot of them. One that’s come out right again is The Ohio Poll. The University of Cincinnati’s Ohio Poll projected President Barack Obama’s re-election...
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Courtesy Michael Bonfigli/Christian Science Monitor
Senator Charles Schumer, vice chair of the Democratic Conference and chair of the Senate Democratic Policy and Communications Center, speaks at the Monitor Breakfast, on Nov. 8, 2012.
Whack-a-Karl Rove: The Piling-On
Democrats are having some fun at the expense of Karl Rove this week. First it was Ohio’s Sen. Sherrod Brown, re-elected this week, taking stock of how little impact the super-PAC engineered by the former Republican White House political strategist...
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Photograph by Tony Dejak/AP Photo
Democratic Sen. Sherrod Brown, left, is hugged by his daughter, Liz, as they celebrate at the Ohio Democratic party election night celebration on Nov. 6, 2012, in Columbus, Ohio.
Rove’s Bad Night: Sherrod Brown
It was a bad night for Karl Rove. That’s the assessment this morning of Sen. Sherrod Brown of Ohio after yesterday’s election results. First, Brown survived what he said was $40 million spent against him in his race with Republican...
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Rep. Nan Hayworth, left, and Rep. James Renacci before a House Financial Services Committee committee hearing.
Ohio Voters Tune Out TV Ads — `Sick of It,’ Campaign Aide Says
The Cleveland media market is so saturated with political TV commercials – and voters are so sick of them — that it’s a waste of money to run a barrage of spots as the Nov. 6 election nears. So says Republican Rep. James...
Read more »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...
Read more »Energy Planning: Ohio’s Brown Targeted by Anonymous Donors
A nonprofit organization that supports free markets and curbing regulation is airing television ads in Ohio attacking Democratic Senator Sherrod Brown on energy policy. American Commitment, which formed in April, is spending about $1.2 million on two ads that began...
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Photograph by Brendan Smialowski/AFP/Getty Images
A member of Rick Santorum's staff outside the U.S. Supreme Court during opening arguments on President Barack Obama's signature health care reform law.
Kerrey, Kaine, Brown at Crossroads
The unfettered money is everywhere. With unprecedented money floating around in the super-PAC campaigns of 2012, it’s tempting to think of it all as an Obama-Romney contest. It’s much more than that. American Crossroads, the super-PAC that Republican strategist Karl...
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