As Biden’s replacement in the Senate, Kaufman was tough on Wall Street. Now he leads the Democratic nominee’s transition team.
If Biden didn't have the heart to run, why did he wait so long to make his decision?
Although there were numerous investigations into the supposed causes of the Flash Crash, including by Congress, the Securities and Exchange Commission and the Commodities Futures Trading Commission, none have been very convincing. Those lingering doubts have now been disturbingly confirmed.
Federal Reserve chair Janet Yellen might be the Boss at the US's top financial regulatory agency, but she's not getting paid like one.
I had a conversation years ago with Grigory Yavlinsky, who lost to Putin in Russia's 2000 presidential election. When I asked what Putin was like, Yavlinsky said, "He has the mind of a mid-level KGB officer." That struck me as right then, and in the years since and especially in the last couple of months I think Yavlinsky has been proven right.
The treaty requires countries that ratify it to begin to work toward standards on accessibility and infrastructure for the disabled similar to our own. One hundred and thirty-eight countries have now ratified the convention. The United States is not among them.
The Obama administration has a big opportunity to get on the right side of history and finally do something about the size, complexity and riskiness of our very largest banks.
The people of Texas have sent their very own Cruz missile to the Senate, set to destroy any remaining vestiges of moderate Republicanism and just about certain to alienate Republican-leaning independents everywhere.