Word: chairmen
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...disagree. The fact that doves think he's obsessed with inflation and unconcerned with jobs while hawks think the opposite is not proof that he has found appropriate middle ground. And he shouldn't be confirmed just because markets are freaking out that he might not be. But Fed chairmen are supposed to be apolitical, analytical and data-driven; Bernanke is all those things, and he did, after all, save the world. If Republicans don't want to give Obama a victory, they should think of Bernanke as one of Bush's best appointees. And if Democrats want to distance...
...Congress, committee chairmen are known as the old bulls for a reason: it's unwise to provoke them. So it isn't often that you see one get rolled by his own committee - especially when the chairman in question is the formidable and canny Henry Waxman and the issue in question is one that matters a lot to him. But that was what happened on July 31 as the House Energy and Commerce Committee was putting the final touches on health-reform legislation. Waxman's fellow California Democrat Anna Eshoo offered a last-minute amendment that Waxman opposed. Knowing...
Universal • chairmen of acknowledge suckiness of movies made...
...over the bills and find other ways to wring out savings. The next day, Obama met with moderate Blue Dog Democrats who have stymied the health-care progress in the House. Drawing on advice from the economists the day before, the President revisited an idea that committee chairmen on Capitol Hill had previously rejected: take from Congress the power to set Medicare reimbursement rates and give it to an independent board. The backroom session went on for hours; by the time it was over, Obama was on his way to winning on that point...
Ever since 1978, when President Jimmy Carter signed the Full Employment and Balanced Growth Act (a.k.a. the Humphrey-Hawkins Act) into law, Federal Reserve chairmen have had to troop before Congress twice a year to explain themselves...