via Patricia Zengerle and Susan Heavey, Reuters A growing number of lawmakers – including a leading pro-gun senator – called on Monday for a look at curbing assault weapons like the one used in a massacre at a Connecticut grade school, a sign that attitudes toward gun control could be shifting. Senator Joe Manchin, a … Continue reading
via Louis Peitzman, Gawker “Retroactively” is a word that might haunt Mitt Romney for some time. The Republican nominee has been railing against President Obama’s campaign ads, calling Obama’s assertion that Romney lied about his time at Bain Capital “false and deceptive and dishonest.” The ads, however, are based on the Boston Globe’s findings that … Continue reading
via Katherine Skiba and Rick Pearson, Chicago Tribune U.S. Sen. Mark Kirk underwent surgery at Northwestern Memorial Hospital to relieve pressure on his brain after suffering a stroke, and doctors say they are hopeful about his recovery. “On Saturday, Senator Kirk checked himself into Lake Forest Hospital, where doctors discovered a carotid artery dissection in … Continue reading
via Zaid Jilani, ThinkProgress One of the overarching themes of the 99 Percent Movement is that our democracy is too corrupted by corporate special interests. This corruption was worsened last year by the Supreme Court’s Citizens United decision, which allowed for huge new unregulated flows of corporate political spending. Yesterday, six Democratic senators — Tom … Continue reading
via Tom Braithwaite, Financial Times Bank of America became the latest US bank to scrap plans for a debit card fee, acting after worries that customers of the second-largest US bank by deposits would move their accounts. BofA said its u-turn was a “response to customer feedback and the changing competitive marketplace”. Analysts had worried … Continue reading
The White House and congressional Republicans just can’t agree on the best prescription for the economy, with President Barack Obama demanding passage of his $447 billion jobs bill and the GOP pushing to cut government red tape. Both efforts, the focus of competing radio and Internet addresses Saturday, face little chance of success as all-or-nothing … Continue reading
Bank of America announced Thursday it will charge its debit card users a $5 monthly fee beginning in early 2012, provoking fury from a senior Democrat. The bank, the largest in the nation by assets, blamed its decision on the so-called Durbin Amendment, a provision of the Dodd-Frank financial reform law put into place by … Continue reading
Republican opposition is solidifying to President Barack Obama’s $447 billion job creation plan, and his pending proposal to raise taxes on millionaires is already under GOP fire. “If we’re just going to do class warfare and get tax increases out of this, then I don’t think much will come of it,” Rep. Paul Ryan (R-Wis.) … Continue reading