Pressure mounts for 'Sheriff' Elizabeth Warren
WASHINGTON -- Pressure continues to mount on President Obama to select Elizabeth Warren as the nation's first consumer financial protection regulator.Warren, 61, has become something of a cause célèbre as the administration's top pick to run the new agency charged with protecting consumers from abusive mortgage and credit card practices. ...
White House: Don't expect consumer agency nomination within two weeks
The White House does not expect to announce a nominee to head the new consumer financial protection agency within the next two weeks.Bill Burton, deputy press secretary, told reporters Thursday not to expect an announcement "any time soon," saying two weeks would be soon enough.Democrats and consumer advocates have been ...
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 ...
Consumer Post Prospect Has Democrats in Knots
Democrats agonized Monday over whether President Barack Obama should pick Harvard Law School Professor Elizabeth Warren to be the nation's first consumer-finance regulator, an indication of the intense fight to come.Ms. Warren is one of at least three finalists for the post created by legislation overhauling financial regulations, and the ...
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 ...
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 ...
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 ...
What Happens Next to the FinReg Bill?
This afternoon, the Senate voted to end debate on Sen. Chris Dodd’s (D-Conn.) financial regulatory reform bill, 60 to 40. Today or tomorrow, the Senate will take a final vote on the bill, which will almost certainly pass. But what happens until then? After then? What about all those amendments? ...
Dodd offers compromise on derivatives deadlock
Sen. Christopher J. Dodd (D-Conn.) has offered a last-minute compromise to resolve one of the few remaining disputes over the Senate's landmark bill on financial regulation: a disagreement over derivatives that has sent shudders through Wall Street. Three minutes before the noon deadline for amendments, Dodd filed a proposal addressing ...
Democrats push bank controls; GOP delays action
WASHINGTON – Undaunted by a Senate setback, Democrats appeared increasingly confident Monday they will be able to take advantage of Americans' anger at Wall Street and push through the most sweeping new controls on financial institutions since the Great Depression.The Senate, in a 57-41 vote, failed to get the 60 ...
Financial reform nears test in Senate
WASHINGTON – The most sweeping overhaul of financial regulation since the Great Depression was on track to fail its first procedural test on Monday in the Senate, where Republicans vowed to block the Democratic bill.As Wall Street reeled from revelations out of a fraud case against Goldman Sachs, both sides ...
Goldman figure Paulson hosted Romney, Steele last week
Republicans Mitt Romney and Michael Steele headlined a Republican National Committee fundraiser six days ago at the home of the hedge fund titan at the center of the Security and Exchange Committee's fraud charges against Goldman Sachs.A spokesman for the RNC confirmed the Tuesday evening event at the Manhattan home ...
Dodd’s Chief Counsel Bought Financial Stocks During 2008 Crisis
March 18 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd’s chief counsel in 2008 traded stock in Morgan Stanley, Wells Fargo & Co., American International Group Inc. and other rescued companies as the panel considered legislation to address the credit crisis, according to her financial disclosure form filed with the ...
Michael Moore on Countdown With Keith Olbermann (Guest Host Lawrence O'Donnell) - Part 1
Click here to check out Part Two
Does Meaningful Financial Reform Have Any Chance?
Senator Dodd’s financial reform bill will be introduced in the Senate Banking Committee today. Unfortunately, on the major issue – too big to fail financial institutions that caused the 2008-09 crisis and that will likely trigger the next meltdown – there is nothing meaningful in the proposed legislation.The lobbyists did ...
Consumer Agency Within Fed Seen as Victory for Banking Industry
March 3 (Bloomberg) -- For consumer advocates, housing a new agency to protect Americans from financial-product abuse within the Federal Reserve would be a defeat after lobbying for an independent body. For banks, it would represent a victory. Barney Frank, Chairman of the House Financial Services Committee, called a Senate ...
Why Obama Must Take On Wall Street
It has been more than a year since all hell broke loose on Wall Street and, remarkably, almost nothing has been done to prevent all hell from breaking loose again.In fact, close your eyes and you could be back in the wilds of 2007. Bankers are still making wild bets, ...
There Was No Other Decision to Make Four months after our request for him to retire, Senator Christopher Dodd agreesFLASHBACK: Michael Moore: Dump Dodd"We're going to lose this seat unless we run another Democrat."Mike on Hardball With Chris Matthews (VIDEO)"The Democratic Party needs to tell him, 'You can't run for ...
Michael Moore basks in Dodd's retirement
Liberal filmmaker Michael Moore on Thursday morning took pride in Democratic Sen. Chris Dodd's (Conn.) decision to retire in 2010 .After targeting him in his latest documentary, "Capitalism: A Love Story," Moore has called on Dodd — who officially announced his retirement Wednesday — to step down.Splashed across Moore's website ...
This has been a bad day for Democrats in terms of retirements: Sen. Byron Dorgan of North Dakota and Colorado Gov. Bill Ritter are bowing out. And now several news sources are reporting that the latest to step aside in 2010 will be Connecticut Sen. Chris Dodd. Dodd often tapped ...
Embattled Connecticut Sen. Chris Dodd (D) has scheduled a press conference at his home in Connecticut Wednesday at which he is expected to announce he will not seek re-election, according to sources familiar with his plans.Dodd's retirement comes after months of speculation about his political future, and amid faltering polling ...
Who Are You and What Have You Done With the Community Organizer
What's up with Barack Obama? The candidate for change once promised to take on the powerful banking interests but is now doing their bidding. Finally, a leading Democrat, in this case Senate Banking Committee Chairman Chris Dodd, has a good idea for monitoring the Wall Street fat cats who all ...
Weiner: Obama admin. 'half-pregnant' with health industries
Rep. Anthony Weiner (D-N.Y.) said on Tuesday that the Obama administration is "half-pregnant" with health insurers and pharmaceutical companies, which may jeopardize the success of reform. The congressman -- who is a leading liberal voice in the healthcare reform debate -- said that rumored deals the White House has struck with ...
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January 17th, 2012
STOP SOPA: Why MichaelMoore.com Will Be Blacked Out Wednesday, January 18th
My websites MichaelMoore.com and Mike's High School Newspaper will both be going dark for 24 hours starting at midnight tonight in protest of the Stop ...
December 30th, 2011
75 Years Ago Today, the First Occupy
On this day, December 30th, in 1936 -- 75 years ago today -- hundreds of workers at the General Motors factories in Flint, Michigan, took ...
December 28th, 2011
Click here to donate to the congressional campaign of Flint's own Dan Kildee I have many things I'm planning to do in the New Year ...
December 24th, 2011
A Little Christmas Gift for You to Download
Thanks for all the wonderful comments regarding the short story about my mom from HERE COMES TROUBLE that I sent you a few days ago. ...
December 20th, 2011
Here's a New Free Chapter from HERE COMES TROUBLE
Thank you to the tens of thousands of you who have read HERE COMES TROUBLE and helped to make it a New York Times bestseller ...
December 18th, 2011
LAST CALL: Signed First Editions Will Be Gone by Tomorrow! ORDER TODAY, RECEIVE BY XMAS
My publisher has informed me that they are down to their last crate of the first printing/first editions of HERE COMES TROUBLE -- the ones ...
December 17th, 2011
A Man in Tunisia, a Movement on Wall Street, and the Soldier Who Ignited the Fuse
It's Saturday night and I didn't want the day to end before I sent out this note to you. One year ago today (December 17th), ...
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 ...
Home Front: Portraits from Sheikh Jarrah
Mike, was the triple overtime Outback Bowl come-from-behind win the greatest Spartans game ever?
Yes -- or at least it will be until their appearance in next year's Rose Bowl, a game which... Continue Reading
Michael Moore on Conan, 12/7/11
Michael Moore on The Last Word with Lawrence O'Donnell, 11/21/11
Michael Moore on Countdown with Keith Olbermann, 11/15/11
Michael Moore on The Last Word with Lawrence O'Donnell, 11/9/11
