Update 652 — House Democrats ElectNew Leadership for the 118th Congress The House Democratic leadership triumvirate of Nancy Pelosi, Steny Hoyer, and Jim Clyburn has paved the way for succession by a new generation of Democratic Caucus leaders, approved by acclamation of the Caucus earlier today. The Caucus will now be led by Brooklynite Hakeem …
Update 560 — Naming Names…SlowlyStatus of Economic Policy Nominations To date, the administration has nominated candidates for about a third of the executive branch appointments that require Senate confirmation. Around a third of those have been confirmed. This applies to economic, fiscal, financial policy positions, to departments like Treasury, and agencies like the SEC. The nominations …
Update 518 — Route to Recovery:Any Bandwidth for Public Banking? Later this afternoon, President Biden will outline his multi-trillion dollar infrastructure investment plan, his framework for the Recovery Act. The centerpiece of the pie is infrastructure investment and modernization, including broadband access, a vital concern for the 24 percent of rural Americans and millions of …
Update 510 — In Tanden’s Wake:State of Noms for OMB, SEC, CFPB Late last night, President Biden withdrew the nomination of Neera Tanden to head the Office of Management and Budget (OMB), leaving an opening at an agency that will play a crucial role in defining the Biden economic agenda. Reports suggest that Shalanda Young, …
Update 505 — The 117th Congressand Democrats’ Harmonic Majorities For the first time since 2010, Democrats have full control of Congress and the White House — an opportunity that doesn’t come often but comes at just the right time. Last time around, the Obama Administration was able to pass the Dodd-Frank Act and landmark legislation …
Update 500 – “Let’s End this Uncivil War”… Starting with Presidential Nominations Yesterday, Joe Biden’s swearing-in as the 46th President of the United States, and surrounding pomp and circumstance without incident, inspired a national sigh of relief for millions. Biden’s inaugural address called for national unity among Americans red and blue, rural and urban, and …
