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...bill passed, and Thursday's reception in the House shows he has a rough road ahead. The committee's ranking Republican Spencer Bachus of Alabama attacked the bill for a lack of transparency, saying he opposed plans to keep secret which banks were subject to the new powers sought by the Administration. A top committee Democrat, Paul Kanjorski of Pennsylvania, said he feared the bill's accumulation of executive-branch power. Regulators are also sniping. At Thursday's hearing in the House, Federal Deposit Insurance Corporation chair Sheila Bair said the Administration's plan didn't give enough power...

Author: /time Magazine | Title: Geithner Leads a Fresh Charge on Financial Reform | 10/30/2009 | See Source »

...Seeing the size of the fight he faces may help explain why Geithner was so outspoken on the Hill Thursday. "Now that we have hammered out an agreement with Frank," says the top aide, "it's time to defend it." Geithner's biggest advantage is that the politics of reform are on his side, as he told the big bankers last week. Americans aren't much interested in details, but any appearance of moving forward on reform will have support, while those who try to slow the Administration down will appear to be siding with the big banks and Wall...

Author: /time Magazine | Title: Geithner Leads a Fresh Charge on Financial Reform | 10/30/2009 | See Source »

...phenomenon of multiculturalism in today’s world often becomes so muddled and clichéd that the cultures represented become vitiated and disconnected from their origins. The Silk Road Project—whose five-year residency at Harvard culminated last Thursday evening with a thrilling performance and ceremony in Memorial Church—is an antidote to this superficiality of the multicultural society. By using expert artists and scholars, the Project seeks to teach communities worldwide about the human commonalities and peculiarities that cultural exchange brings to light.The project was born out of a series of conversations between...

Author: By Matthew H. Coogan, CRIMSON STAFF WRITER | Title: Reaching the End of the Silk Road | 10/30/2009 | See Source »

...support is trending downward, while Hoffman is gaining ground, putting him in a tight race with Owens with only four days left until voters go to the polls. The newest television ad on Hoffman's campaign website attacks Owens, now perceived as a bigger rival than Scozzafava. And on Thursday, Representative Pete Sessions, chairman of the National Republican Congressional Committee, told Politico that Hoffman would be welcomed "with open arms" into the GOP caucus, no doubt to the dismay of the party's official candidate in the race...

Author: /time Magazine | Title: A GOP Civil War in Upstate New York | 10/30/2009 | See Source »

...have been able to see of the fighting, which is perhaps Pakistan's sternest test against the Pakistani Taliban and their al-Qaeda allies in South Waziristan. Accompanied by the army, a group of local and foreign journalists were taken by helicopter to the fringes of the fighting on Thursday, where they got a rare glimpse of areas that are notorious for being sanctuaries for al-Qaeda and Pakistan's most dangerous terrorists in recent years...

Author: /time Magazine | Title: Passports of Jihadis Found by Pakistani Army | 10/30/2009 | See Source »

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