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Author Archives: Jim Sutliff
SEC Proposals For Credit Rating Agencies –
The Securities and Exchange Commission will propose regulations for credit rating agencies to promote transparency. Credit rating agencies came under fire after granting AAA ratings to mortgage securities backed by subprime loans. Proposals address the internal controls and disclosures by credit rating agencies. To read … Continue reading
Posted in Administrative, Business, DC, Dodd-Frank, Economy, General, Regulatory, SEC
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Huckabee Won’t Run For President –
Republican Mike Huckabee has announced that he will not run for President in 2012. Huckabee would have been one of the top Republican contenders for the White House. Huckabee is popular among social conservatives and has a successful Fox News program. To … Continue reading
Posted in 2012, DC, Democrat, Election, Fundraising, General, Politics, Presidential, Republican
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Democratic Senator Kohl Not Running For Re-Election –
Democratic Senator Herbert Kohl has announced that will not seek re-election in 2012. The Wisconsin Democrat first won the Senate seat in 1988. Kohl is 76 years old and his retirement makes the seat very competitive. Republicans now have an … Continue reading
Posted in 2012, Administrative, Congress, Democrat, Election, General, Politics, Republican
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Fannie Mae Shows Net Loss –
Fannie Mae reported a first quarter net loss of $6.5 billion and will request an additional $6.2 billion from the government. Fannie Mae reported net income of $73 million in the last quarter. To read a related Wall Street Journal article, please click … Continue reading
Posted in Administrative, Business, General, Infrastructure, Real Estate, Treasury
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New Jersey Tunnel Funding –
New Jersey Governor Chris Christie has indicated that the state will not return the $271 million in commuter rail tunnel funding to the federal government. Recently, the Federal Transit Administration has added a fee for holding the funds that could amount … Continue reading
Posted in Administrative, Business, Democrat, General, Governor, Infrastructure, Politics, Regulatory, Republican
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Ron Paul Exploratory Committee –
Ron Paul is expected to announce the formation of a Presidential Exploratory Committee. Paul ran for President in 2008 and made a strong showing in some Republican primary contests. Paul has a strong fundraising base to call on during the campaign and … Continue reading
Posted in 2012, Administrative, Election, Fundraising, General, Politics, Presidential, Republican
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Dodd-Frank And Credit Ratings –
Dodd-Frank financial regulations impact many areas of finance including credit ratings. Implications of the Dodd-Frank regulations and proposals by the SEC are discussed in a recent article by Reuters. To read the Reuters article, please click here: http://www.reuters.com/finance/deals/regulatory James Sutliff
Posted in Administrative, Business, Dodd-Frank, Economy, General, Regulatory, Trade, Treasury
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Geithner IMF Statement –
Treasury Secretary Timothy Geithner addressed the need for major currency floatation. In a statement to the International Monetary Fund (IMF) steering committee, Geithner stated the need for major economies to allow their currencies to adjust to market conditions. The Chinese … Continue reading
Posted in Business, Economy, General, International, Regulatory, Republican, Trade, Treasury
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Obama Deficit Cuts –
Obama brought the budget battle to the national media with a speech this afternoon. Obama promised to cut the deficit by $4 trillion over the next 12 years. The Obama budget plans to use spending cuts and tax increases to achieve the … Continue reading
Posted in 2012, Administrative, Budget, Business, Congress, Democrat, Economy, General, Infrastructure, Politics, Presidential, Republican, Tax
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RNC Raises $7 Million –
Republican National Committee fundraising for March topped $7 million which leaves the RNC with $3.2 million on hand. The Republican National Committee also announced that they hired Angela Meyers as the new finance director. Meyers held the same position with the Republican … Continue reading
Posted in 2012, Congress, Election, Fundraising, General, Governor, Politics, Republican, RNC
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Government Shutdown Averted –
Republicans and Democrats reached a deal in the final hours to prevent a government shutdown. The deal cut a record $38.5 billion of spending from the budget for the second half of the year. A short term spending bill was … Continue reading
Posted in Administrative, Budget, Democrat, Election, General, Governor, Politics, Regulatory, Republican
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Government Shutdown Closures –
The deadline for a government shutdown is approaching and the Washington Wire has an article on the effects of a shutdown. Washington Wire lists several Federal agencies and the possible consequences for each agency if a spending bill is not approved. … Continue reading
Posted in Administrative, Budget, Congress, DC, Democrat, Election, General, Politics, Republican
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LeMieux To Seek Florida Senate Seat –
Republican George LeMieux is expected to declare his candidacy for the Florida Senate seat held by Democrat Bill Nelson. LeMieux was appointed by Governor Crist in 2009 to fill the remainder of the term for Republican Mel Martinez. LeMieux will face a … Continue reading
Posted in 2012, Congress, Democrat, Election, General, Politics, Republican
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Republican Pawlenty Presidential Campaign –
Republican Presidential candidate Tim Pawlenty is starting to visit key states like Ohio. The former Governor of Minnesota must improve his name recognition with Republican primary voters. Pawlenty is targeting midwestern states that are more likely to support his candidacy for the … Continue reading
Posted in 2012, Democrat, Election, General, Governor, Politics, Presidential, Republican
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Bachmann Presidential Run –
CNN and Roll Call are reporting that Michele Bachmann is set to form a Presidential exploratory committee. The committee could be formed as early as June and would allow Bachmann to participate in early debates. Bachmann is a favorite of the Tea … Continue reading
Posted in Administrative, Congress, Election, Fundraising, General, Politics, Presidential, Republican
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