Women In Politics

Harman, others in Congress hold stock in companies they oversee
Chase Davis Members of California’s congressional delegation have invested millions of dollars in companies that their congressional committees oversee, according to a Washington Post story that dropped yesterday. The story specifically calls out Rep. Jane Harman, the California Democrat who is among Congress’ most wealthy representatives: Rep. Jane Harman (D-Calif.), for instance, served as …

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Exxon exec, others criticize BP, admit loss of public trust
Exxon Mobil chief executive Rex Tillerson and other top oil industry executives differed sharply Tuesday with BP’s handling of the Gulf of Mexico well blowout that’s responsible for the nation’s worst environmental catastrophe.

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The Night Beat: 70 Nominees Being Held Up by … Labor?
What matters tomorrow, tonight. … Read it and sleep. United States – Harry Reid – National Labor Relations Board – Democratic – Party leaders of the United States Senate

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Congress retroactively raises FDIC deposit insurance limits, aiding IndyMac account holders
Lawmakers completing an overhaul of financial regulations also agree to permanently increase coverage for individual accounts to $250,000. Lawmakers completing a sweeping overhaul of financial regulations have given 8,700 former account holders at failed IndyMac Bank a surprise gift, retroactively increasing government-backed deposit insurance limits that would allow them to recover some of …

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IndyAct may boost depositors’ returns
Lawmakers debating financial reform in a House-Senate conference committee agreed late Tuesday on an amendment that would allow 6,500 former IndyMac depositors to recoup about $233 million in savings lost when the bank failed two years ago.

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Should IndyMac customers be bailed?
Mark Lacter: It’s not quite the same as a moral hazard, but the results are much the same:

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Corrections
– A June 14 Page One article about personal investments by members of Congress incorrectly said that Rep. Jane Harman (D-Calif.) had recently recused herself from a vote concerning Toyota because of family holdings in the automaker. The article should have said she recused herself because a company… Corrections – Law – Law Enforcement – State Agencies – United States

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Mike Allen Counts Twelve ‘Newsweek’ Suitors; Also, Magazine Got Pranked
Mike Allen has heard that there are more than a dozen parties seriously interested in Newsweek . Previous estimates put the pack around five or six. But who’s counting?! If Sidney Harman — husband of California Democrat Jane Harman, the second or third richest member of Congress — took control, he would not make any major changes to the traditional newsmagazine. According to Mr. Allen’s source …

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Scoreboard: Football, Netball, Soccer, Table Tennis
Goals: South Croydon: M King 5, Molnar 4, McConnell 3, Simkin, Osborne 2, King, Strachan, Jones, Costello. East Ringwood: Vogels 2, Fiora, Holowiuk, Ward, Saunders, Barnes, Osbourne, Ekers.

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Investing in what they regulate
Lawmakers’ panels, holdings overlap U.S. Rep. Ron Paul, a Republican from Texas, is captivated by gold. Over the past two decades, he has written books about the virtues of gold-backed currency. He has made uncounted speeches about the precious metal. He even took a leadership post on the House subcommittee that oversees the nation’s monetary policy, mints and gold medals. But his focus on gold …

Read more on Concord Monitor