Word: capitols
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...what happens if Obama takes the next step and explicitly abandons the public option? The left will be disappointed and its enthusiasm for the whole exercise may wane, though Obama probably won't lose many votes among liberal Democrats on Capitol Hill. At the same time, he probably won't pick up many from Republicans, who are looking less and less like they are in the mood to find a compromise. But it could help keep some shakier centrists aboard. And it would lower the intensity of the heat around the entire debate, by removing an issue that the White...
...Attorneys office in the District of Columbia. She prosecuted narcotics cases, wrote appeals, pursued instances of police and attorney misconduct and oversaw all civil and criminal cases. High-profile investigations on her watch at the U.S. Attorney's office included the post-Sept. 11 anthrax mailings to Capitol Hill and an illegal-use-of-force case against Blackwater contractors in Iraq...
There are a lot of people right now on Capitol Hill who are saying, "We need more from him. He's got to tell us where his bright red lines are on this." The truth is, we've actually, I think, provided more guidance than has been advertised. I mean, if you think about how we've moved this forward, we didn't simply put out some broad principles. We were fairly specific. We said we need to have insurance reform, and that's going to include things like preventing insurers from dropping people because of pre-existing conditions...
Senior officials say the harsh language was intentional. "We talked about it beforehand and intended to deliver a message," says a senior Treasury official. Both on Capitol Hill and in the regulatory agencies, Geithner felt, the "searing experience" of last fall's near meltdown of the global economy was falling prey to inertia and in some cases lobbying. "The reality is that there are pretty powerful vested interests fighting this," says the senior Treasury official. "It's not the entire industry, but they have an interest in fighting change...
Obama and Geithner have met stiff resistance from both the semi-independent regulators and Capitol Hill. "No one's supporting the Administration proposals," says a senior official at one of the regulatory agencies. "Everyone's opposed in one way or another." Some Senators, including the banking committee's top Republican, Richard Shelby, dislike the broad regulatory and oversight powers of the consumer-protection agency and are strongly opposed to increasing the power of the Federal Reserve. Other regulators, like the FDIC and the Comptroller of the Currency, don't want to lose their power to supervise banks and financial institutions...