Category Archives: Administrative

Senate Approves Audit –

The Senate voted 96-0 and approved an amendment to the Financial Reform bill that provides for a one time audit of the emergency lending by the Federal Reserve.  The measure was submitted by Senator Sanders and allows for an audit of … Continue reading

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Financial Regs & Market Plunge –

Senate Democrat Christopher Dodd is one of the major supporters of the Finacial Reform legislation.  He is also one of the Senators pointing to the stock market drop as an example of the need for the legislation.  There have been reports … Continue reading

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Climate Bill Next Week –

The climate bill is expected to be unveiled next week by Senators Kerry and Lieberman.  Republican Senator Graham is not expected to support the bill and he has been the lone Republican working on the measure.  Without some support from … Continue reading

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Financial Bill Moves Forward –

The Senate voted by unanimous consent to move the Financial measure forward and to the debate floor.  The third attempt to move the measure failed earlier in the day by a 56-42 vote.  The final bill could be voted on … Continue reading

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Here We Go Again –

Democratic Senator Harry Reid called for a secong vote to move the Financial Reform bill forward in the Senate.  The measure fell short again today by the same 3 votes as yesterday.  More votes on the measure are expected this … Continue reading

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Senate Blocks Financial Bill –

The Senate blocked a measure to move the Financial Reform bill forward by a vote of 57-41.  The measure needed 60 votes to pass and came up shy by three votes.  Republican efforts to continue negotiations were successful but a bill is still … Continue reading

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Health Law Penalty

The Washington Times reports that 3 million Americans may be required to pay a penalty because of the new healthcare law.  Other sources indicate that the number is actually higher than 3 million.  The Congressional Budget office analysis estimates that … Continue reading

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Financial Reform Procedural Vote –

Senator Reid filed a procedural motion this afternoon which sets up a vote to proceed to the Financial Legislation on Monday.  The vote will take place Monday night at 5:15 p.m. and if approved will move the legislation to the … Continue reading

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Financial Bill To Pass –

Republican leadership is indicating that there is a strong chance of a bipartisan financial bill in the next few weeks.  Republican Senator Richard Shelby has stated that the two parties are conceptually together on 85% of the bill.  The $50 … Continue reading

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SEC Self-Funding –

Senator Schumer is calling for the SEC to be a self funded regulatory body.  The SEC would be funded through fees that it would collect.  This is one more item up for debate regarding the financial bill. To read a … Continue reading

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Tax Credit Expiring –

With fewer than 40 days left before the tax credit expires the real estate industry is in full swing.  Smart Money takes a good look at the tax credit and how it relates to the current economic climate. To read … Continue reading

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Senate Parliamentarian –

Despite the importance of the Senate Parliamentarian position it is not widely known by the public.  This important position came into the spotlight due to recent rulings regarding the healthcare bill and reconciliation.  In a recent article, Roll Call covered the … Continue reading

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CQ Energy & Climate –

The Congressional Quarterly-Roll Call Group launched the CQ Energy & Climate newsletter.  This service provides coverage of energy and environmental issues facing the government.  Bill tracking is one feature of the service that should prove to be invaluable.  Schedule information … Continue reading

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Healthcare Bill Back To House –

The Hill reports that the healthcare bill is headed back to the house.  Senate Parliamentarian Alan Frumin sustained two objections by Republicans early Thursday.  The bill is expected to be passed by the House and the ruling by Frumin did … Continue reading

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Wall Street Next –

The Democrats are planning on passing legislation this year to overhaul the financial industry.  One of the main questions regards the amount of debate and the number of changes to the bill. To read an article by The Hill, please click … Continue reading

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