Elizabeth Warren, likely to head new consumer agency, provokes strong feelings
Somewhere along the line, Elizabeth Warren became a symbol. She's either the plain-spoken, supremely smart crusader for middle-class families that her supporters adore, or she's the power-hungry headline seeker her critics loathe, a fiery zealot disguised in professorial glasses and pastel cardigans. But no one disputes that she's the most ...
Wall Street increasingly favors Republicans: study
WASHINGTON (Reuters) – Wall Street and its financial allies did an about-face in political spending in June, giving Republicans over two-thirds of their campaign contributions as Democrats pushed financial reform forward in Congress, a report said on Tuesday.The preliminary findings by the nonpartisan Center for Responsive Politics suggest that a ...
Cantwell, Murray back Elizabeth Warren for consumer agency
Saying its director should be "independent" and an "outsider," Sens. Patty Murray and Maria Cantwell, D-Wash., are backing Harvard Law bankruptcy expert Elizabeth Warren to head the new Bureau of Consumer Financial Protection. The consumer bureau is a key component of Wall Street reform legislation recently passed by Congress and ...
Robert Gibbs: 'I don't plan on leaving'
Press secretary Robert Gibbs, revisiting a newspaper interview in which he blasted “the professional left” for criticizing President Barack Obama, brushed off calls for his resignation during Wednesday’s daily briefing and said his remarks were the result of frustration with pundits who haven’t given the administration its due."I don’t plan ...
White House unloads anger over criticism from 'professional left’
The White House is simmering with anger at criticism from liberals who say President Obama is more concerned with deal-making than ideological purity.During an interview with The Hill in his West Wing office, White House press secretary Robert Gibbs blasted liberal naysayers, whom he said would never regard anything the ...
Sanders promises to seek health care waiver from Obama for Vermont
BELLOWS FALLS, VT — U.S. Sen. Bernard Sanders, I-Vt., pledged to personally take Vermont’s case for a statewide single-payer health care system to President Obama if the Legislature authorizes it next year.Sanders, speaking at a health care rally at the Hetty Green Park in downtown Bellows Falls on Saturday afternoon, ...
Photography by Erika BlumenfeldWe rather be ruined than changed. We rather die in our dread, than climb the cross of the moment, and let our illusions die.-W.H. Auden, excerpted from “The Age of Anxiety”Photo by Erika Blumenfeld © 2010Not long ago we strolled along a beautiful white-sand beach in Orange ...
Congressional support grows for Warren to head consumer protection bureau
Members of Congress are now lining up to enter the battle over who President Obama should choose to head the newly-created Bureau of Consumer Protection.Two Democratic lawmakers, Rep. Carolyn Maloney of New York and Sen. Tom Harkin of Iowa, are spearheading efforts in their respective chambers get Harvard Law's Elizabeth ...
Labor Pushes Warren to Head Consumer Agency
Organized labor has jumped into the fight over who should head the new Consumer Financial Protection Bureau that’s part of the financial overhaul. It’s calling on President Barack Obama to pick Harvard Law Professor Elizabeth Warren.AFL-CIO President Richard Trumka and the SEIU both had nice things to say about Warren, ...
Progressives side with Warren, knock Geithner
Progressives are urging President Obama to nominate Troubled Asset Relief Program watchdog Elizabeth Warren to head the new consumer agency created by financial reform legislation.The Progressive Change Campaign Committee (PCCC) seized on a report Friday that Treasury Secretary Timothy Geithner opposes a possible Warren nomination to the Consumer Financial Protection ...
Goldman Shares Up; SEC Announces Settlement
NEW YORK -- Shares of Goldman Sachs Group Inc. (GS) surged after the close of trading as the Securities and Exchange Commission announced it would settle a fraud lawsuit against the investment bank. Earlier Thursday, in the regular trading session, shares of the investment bank rose after the SEC said ...
Congress approves sweeping Wall Street reforms
WASHINGTON – Congress on Thursday passed the stiffest restrictions on banks and Wall Street since the Great Depression, clamping down on lending practices and expanding consumer protections to prevent a repeat of the 2008 meltdown that knocked the economy to its knees.A year in the making and 22 months after ...
Feingold Will Vote Against Financial Services Reform Bill
With three Republican senators (Scott Brown of Massachusetts and Mainers Susan Collins and Olympia Snowe) now signaling that they will vote with Democrats to enact new rules for how Wall Street and the big banks do business, President Obama says the country is on the verge of taking the steps necessary to prevent future financial meltdowns.“What members of both ...
Wall St. plans payback for reg reform
With the financial reform bill likely to hit President Barack Obama’s desk in coming weeks, Wall Street’s top political players are warning Democrats to brace themselves for the next phase of the fight: the fundraising blowback. Democrats who backed the bill are finding big banks far less eager to host ...
Democratic campaign committees losing big Wall Street donors
A revolt among big donors on Wall Street is hurting fundraising for the Democrats' two congressional campaign committees, with contributions from the world's financial capital down 65 percent from two years ago. The drop in support comes from many of the same bankers, hedge fund executives and financial services chief ...
Why a Bank-Bashing Populist Democrat Opposed the Wall Street "Reform" Bill
No member of the House has been a harsher critic of the abuses of big banks and Wall Street that Ohio Democrat Marcy Kaptur.No member of the House has been more on-target in his condemnations and her calls for reform.During the bank bailout fight of 2008, Kaptur became a national folk-hero ...
Time to Give Wall Street the Axe, Say Progressive Groups
DETROIT, Jun 25, 2010 - As heads of state from the Group of 20 (G20) most developed and economically powerful emerging nations meet in Toronto, Canada this weekend, some activists at the U.S. Social Forum in Detroit are urging a more realistic look at the roots of the global economic ...
Bank Stocks Rally As Financial Reform Comes Together
Financial stocks rallied after Congress passed a key hurdle--rather painlessly--in its effort to reform the U.S. financial regulatory structure, paving the way for President Obama's signature in the coming weeks."There was a big political component to this, and the fear on Wall Street was that this bill would be a ...
Wall Street dodges bullet on derivatives
NEW YORK -- It's a brave new world for the derivatives market. Or is it?Congress' efforts to reshape this murky corner of the nation's financial system may have little impact on the Wall Street firms that dabble in these complex financial investments. As part of the financial regulatory reform bill ...
Obama claims victory in financial overhaul deal
WASHINGTON – House and Senate negotiators reached a dawn agreement Friday on legislation that redefines federal oversight of Wall Street and, following the signing of the health care act in March, adds another milestone to mark the Obama presidency.President Barack Obama declared victory Friday after congressional negotiators reached agreement on ...
Banking split essential to avoid new financial crisis, warns OECD adviser
The global economy will be plunged into a second and even more serious crisis unless banks are split into separate retail and speculative arms, a senior policymaker from the west's leading thinktank said today. Adrian Blundell-Wignall, special adviser on financial markets to Angel Gurría, secretary general of the Organisation for ...
President Obama and leading Democrats are calling the "Restoring American Financial Stability Act of 2010" the greatest overhaul of Wall Street since the Great Depression. And that may well be true. But judging from the many loopholes in the legislation—with more to come as the banks maneuver stealthily to tweak ...
Obama Is From Mars, Wall Street Is From Venus
Thirty-eight hours after Scott Brown’s smack-upside-the-head victory in the race for Ted Kennedy’s former Senate seat, Barack Obama took the podium in the Diplomatic Reception Room at the White House. Hovering behind him was Paul Volcker, the former Fed chair and (for months, largely ignored) Obama economic adviser; far off ...
Who Will Your Senator Stand With Now?
At this very instant, many of those in our Senate are in danger of being led off the plank by outgoing Chairman of the Senate Banking Committee Chris Dodd. With cloture passing, Senator Dodd now has one final chance to present a manager's amendment to make a weak bill stronger ...
'Anti-K Street' protest snarls traffic in downtown Washington
A few hundred protesters snarled traffic on K Street on Monday and shut down a Bank of America near Capitol Hill as part of an "anti-K Street" protest sponsored by a coalition of community groups and labor unions. In the rain, members of the National People's Action network and an ...
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March 23rd, 2013
This evening is going be a big moment in turning our country around on the issue of gun violence. That's why I desperately want you ...
March 21st, 2013
I am hosting a nationwide series of house parties this Saturday night where tens of thousands of people will gather together in living rooms to ...
March 15th, 2013
The response to my Newtown letter this week has been overwhelming. It is so very clear to everyone that the majority of Americans have had ...
March 13th, 2013
America, You Must Not Look Away (How to Finish Off the NRA)
The year was 1955. Emmett Till was a young African American boy from Chicago visiting relatives in Mississippi. One day Emmett was seen "flirting" with ...
February 26th, 2013
My Final Word on Buzzfeed and Emad Burnat's Detention at LAX
Thanks to everyone for bearing with me as I spend so much time on what happened to Emad Burnat. It's important to me because he's ...
February 26th, 2013
Michael Moore Responds to Buzzfeed Story on '5 Broken Cameras' Co-Director Emad Burnat
On Tuesday, February 19th, Emad Burnat, the Palestianian co-director of the Oscar-nominated documentary '5 Broken Cameras,' was detained with his wife and son at Los ...
February 20th, 2013
Last night was the Motion Picture Academy-sponsored dinner in Beverly Hills honoring the directors and producers of this year's five nominated films for Best Documentary. ...
September 11th, 2010
If the 'Mosque' Isn't Built, This Is No Longer America
OpenMike 9/11/10 Michael Moore's daily blog I am opposed to the building of the "mosque" two blocks from Ground Zero. I want it built on ...
December 14th, 2010
Why I'm Posting Bail Money for Julian Assange
Yesterday, in the Westminster Magistrates Court in London, the lawyers for WikiLeaks co-founder Julian Assange presented to the judge a document from me stating that ...
May 12th, 2011
Some Final Thoughts on the Death of Osama bin Laden
"The Nazis killed tens of MILLIONS. They got a trial. Why? Because we're not like them. We're Americans. We roll different." – Michael Moore in ...
November 22nd, 2011
Where Does Occupy Wall Street Go From Here?
This past weekend I participated in a four-hour meeting of Occupy Wall Street activists whose job it is to come up with the vision and ...
September 22nd, 2011
A STATEMENT FROM MICHAEL MOORE ON THE EXECUTION OF TROY DAVIS
I encourage everyone I know to never travel to Georgia, never buy anything made in Georgia, to never do business in Georgia. I will ask ...
December 16th, 2010
Dear Swedish Government: Hi there -- or as you all say, Hallå! You know, all of us here in the U.S. love your country. Your ...
November 2nd, 2010
This letter contains (almost) no criticisms of how the Democrats have brought this day of reckoning upon themselves. That -- and where to go from ...
'Dirty Wars' by Jeremy Scahill
Why have you started a comedy festival in northern Michigan in the middle of winter?
Because if you were here in the dead of winter in the middle of nowhere (which is actually somewhere to us), you'd need a few laughs too ... Continue Reading
Michael Moore on MSNBC with Michael Eric Dyson, 3/22/13
Michael Moore on Democracy Now!, 6/28/12
Michael Moore on the Rachel Maddow Show, 5/11/12
Michael Moore on MSNBC, Super Tuesday, 3/6/12
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Michael Moore on the Rachel Maddow Show, 2/27/12
