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PHIL ANGELIDES, chairman of a bipartisan commission appointed to examine the causes of the financial crisis, during opening remarks in a hearing with leading Wall Street bankers...

Author: /time Magazine | Title: Verbatim | 1/25/2010 | See Source »

...what happens next? Last month, the House narrowly passed a financial-reform bill that included many of the Administration's priorities, including a strong consumer agency. It received no Republican votes. Senate Banking Committee chairman Christopher Dodd has been trying to forge a bipartisan consensus around a similar bill, but Republicans have made it clear that the consumer agency is a deal breaker. And the Hill is swarming with financial lobbyists who are desperate to preserve the status quo. (See judgments of Obama's first year, issue by issue...

Author: /time Magazine | Title: Can Obama Profit from a Wall Street Crackdown? | 1/22/2010 | See Source »

...have to look at it two different ways. I have to look out as the United States Senator for Massachusetts as to what we've done [in the state]. We have a [law achieving near universal coverage] that passed unanimously. Bipartisan. Voted for it, worked on it, happy to do it. We passed it. We went from paying over almost $1 billion to the hospitals in the uncompensated health care pool to paying much less and now providing - when people walk in the door, they get a form of insurance...

Author: /time Magazine | Title: Scott Brown: If Dems Push Senate Bill Through, 'They'll Pay for It Dearly' | 1/20/2010 | See Source »

...Mississippi's Trent Lott, there's hardly a Republican left who is willing to reach out across the aisle. The punishment for such comity is tea-party declarations of being a traitor: witness Lindsey Graham's second censure this week by a South Carolina County Republican Party for his bipartisan work on climate change. On the Democratic side, the death of Massachusetts' Ted Kennedy, the retirement of John Breaux of Louisiana and the loss of South Dakota's Tom Daschle, along with the bitter wounds from years of being in the minority, has left the party less open to cooperation...

Author: /time Magazine | Title: Senate Retirements Point to Dems' Uphill Election Fight | 1/7/2010 | See Source »

...five years after the bipartisan 9/11 commission recommended that Congress and the Transportation Security Agency "give priority attention" to screening passengers for explosives, the practice remains overwhelmingly the exception and not the rule. Only about 40 millimeter-wave devices are in use, at 19 U.S. airports. Standard magnetometers, which are used at the vast majority of the more than 2,000 checkpoint lanes nationwide, can detect metal in guns and knives but are worthless against explosives like PETN...

Author: /time Magazine | Title: What We Can Learn from Flight 253 | 12/30/2009 | See Source »

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