User: newstrust Topic: Business
Category: Finance :: Financial Regulation
Last updated: Aug 30 2014 09:49 IST RSS 2.0
 
12,952 to 12,971 of 21,942    
With Rebuke of Senate Republicans, Fed Nominee Withdraws 6.6.2011 NY Times: Business
Peter A. Diamond, a professor at M.I.T. and a Nobel Prize laureate, had waited more than a year for a Senate vote, a step that Republicans refused to allow.

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Court orders new look at Pa. city immigration law 6.6.2011 AP Politics
ALLENTOWN, Pa. (AP) -- The Supreme Court ordered a federal appeals court on Monday to take a new look at a Pennsylvania city's crackdown on illegal immigrants in light of the high court's recent decision upholding an Arizona employer-sanctions law....
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Nobel Prize Economist Not Qualified For Fed Board? 6.6.2011 NewsTrust Yahoo Pipes Feed
Peter Diamond, last year's co-awardee of a Nobel Prize in economics, has withdrawn from his nomination for a seat as a Federal Reserve Board governor after Senate Republicans, most notably Richard Shelby, blocked confirmation on the grounds that he's a theorist with no practical experience.
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Nobel Prize-Winning Economist Peter Diamond Withdraws Fed Nomination Due To GOP Obstruction 6.6.2011 NewsTrust Yahoo Pipes Feed
Last year, Federal Reserve Board nominee Peter Diamond won the Nobel Prize in Economics. Nevertheless, Senate Banking Committee Ranking Member Richard Shelby (R-AL) has held up Diamond’s nomination because he deemed the Nobel laureate too unqualified to help set economic policy. Yesterday, after it became clear that the Republican caucus would back Shelby and prevent [...]
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No, Mr. Diamond, the Fed Doesn’t Need Your Expertise 6.6.2011 Red State
Peter A. Diamond, a professor of economics at MIT, has just published a hissy fit in the NY Times titled “When a Nobel Prize isn’t enough.” I won’t link the piece because of the Times’s paywall, so I’ll just tell you what he says. Diamond wants to be a governor of the Federal Reserve. Barack Obama wants the same thing, having nominated Diamond three times now. He had only a small amount of support from Senate Republicans, mostly from Michael Bennett and Judd Gregg. After being dissed by Richard Shelby, Diamond is now withdrawing is candidacy. (There are currently two open Fed governorships.) Peter Diamond thinks he should be on the Fed’s board of governors because he won the Nobel Memorial Prize in economics last year, for his work in fundamental market dynamics, particularly in labor markets. He’s not going to get the job, and he thinks the reason why is that Republicans are too stoo-pid to be impressed by his Nobel Prize. In the New York Times, ...
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Obama Fed Pick Withdraws 6.6.2011 NY Times: Business
Peter Diamond, a Nobel prize winner, said he planned to withdraw as a nominee for Federal Reserve governor, after his nomination was repeatedly opposed by Republicans.

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Security stepped up at Digvijay Singh's Bhopal residence 6.6.2011 New Kerala: World News
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Sedition complaint filed against Digvijay Singh for 'thug' remarks against Ramdev 6.6.2011 New Kerala: World News
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Obama Fed pick withdraws, cites party politics 6.6.2011 MSNBC
Nobel Prize winner Peter Diamond said on Sunday he planned to withdraw as a nominee for Federal Reserve governor, after his nomination was repeatedly opposed by Republicans. ...
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Obama Fed pick withdraws, slams partisan politics 6.6.2011 Chicago Tribune: Nation
Obama Fed pick withdraws, slams partisan politics
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Bank Shares Take a Beating, and It May Not Be Over Yet 6.6.2011 NY Times: Business
Giants like Goldman Sachs and Bank of America are trading at well below the valuation of other large companies, but even bargain hunters are wary.

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MICHAEL BARONE: Obama Tunes Out, And Business Goes On A Hiring Strike. “The signal was clear. Obam… 6.6.2011 Instapundit
MICHAEL BARONE: Obama Tunes Out, And Business Goes On A Hiring Strike. “The signal was clear. Obama had already ignored his own deficit reduction commission in preparing his annual budget, which was later rejected 97-0 in the Senate. Now he was signaling that the time for governing was over and that he was [...]
Op-Ed Contributor: When a Nobel Prize Isn’t Enough 6.6.2011 NY Times: Editorials
Skilled analytical thinking should not be drowned out by mistaken, ideologically driven views.

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Will Environmental Issues Matter in the 2012 Elections? 5.6.2011 NewsTrust Yahoo Pipes Feed
Environmental issues are becoming a major part of the rhetorical fight leading up to the 2012 elections. Republicans are trying to put Democrats on the defensive by calling environmental regulations “job killers”; Democrats are working to label Republicans as the “Grand Oil Party.” Both parties are using issues like climate change, offshore drilling, renewable energy [...]
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The Philosophy of Mean 5.6.2011 Daily Kos
Are there no poorhouses? And wait, why the hell are we paying for poorhouses? P olitics can be a complicated business. Every yes-or-no vote may represent something more nuanced, behind the scenes; politicians may plot out long-term strategies or short-term ones; catering to one constituency may require irking another. These things are all true. But at the end of the day, if you don't want to be perceived as a simple, cold hearted son-of-a-bitch, then you may want to rethink a political philosophy that requires you, at every possible turn, to behave like a son-of-a-bitch . House Republicans are pushing back against a series of public health measures, including school lunch standards and tobacco regulation, teeing up a confrontation with Senate Democrats and the White House over the reach of government in daily life. [...] On Tuesday, the GOP majority on the House Appropriations Committee approved a 2012 spending plan that directs the Agriculture Department to ditch the first new ...
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For-profit colleges get reprieve on new rules 5.6.2011 Boston Globe: Business
For-profit colleges get reprieve on new rules
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Ramdev politicized the whole issue, says Sibal 5.6.2011 New Kerala: World News
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Ramdev is a cheat: Digvijay Singh 5.6.2011 New Kerala: World News
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Warren’s clear voice irks GOP, but Obama should stand by her 5.6.2011 Boston Globe: Opinion
Warren’s clear voice irks GOP, but Obama should stand by her
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Editorial: Overlooking Oversight 5.6.2011 NY Times: Editorials
Congress’s renewal of expansive Patriot Act investigatory powers omitted needed safeguards.

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