Hakeem Jeffries on the GOP reconciliation bill and more

The Clinton administration, led by Lawrence Summers, signed into law the Financial Services Modernization Act of 1999, which ripped down the firewalls that had been established by the 1933 Glass-Steagall Act. Designed to prevent the kind of meltdown we are now experiencing, Glass-Steagall established the Federal Deposit Insurance Corporation. It se

He said this even though he personally was one of the reasons the government from time to time lacked for resources. Weill had, after all, been named by Time one of “25 People to Blame for the Financial Crisis,” because of his relentless push for a vision of banks as “all things to all customers,” and his “persistent lobbying,” ultimately successfu

East Tremont may have been a loud community, a shrill community, a materialistic, money-conscious community. But it was a community.

“The foreign poor are prime Democratic constituents because they’re easily demagogued into tribal voting,” Coulter writes. “Republicans’ whispering sweet nothings in Hispanic ears isn’t going to change that. Voting Democratic is part of their cultural identity. Race loyalty trumps the melting pot.”