The Hill reports that the Obama administration has awarded several ambassadorships to campaign donors. Obama has announced 24 ambassadorial nominations, but only two, those to Iraq and Afghanistan, have been confirmed. Some are high-profile posts that attract prominent diplomats and political heavyweights; others are cushy jobs that will go to top bundlers and key supporters.
Month: June 2009
“Unusual” Request in Alaska Corruption Cases
The Post reports on the latest developments in the Alaska corruption cases. Attorney General Eric Holder will seek the release of two men convicted in the cases and now serving in prison. DOJ’s press release is below.
Enduring Interests of Banks
The Times discusses a recent lobbying battle evidently won by banks. Documents and interviews with lawmakers, lobbyists and administration officials show that the banks defeated the bankruptcy change — the industry picturesquely calls it the “cramdown” provision — by claiming that it would push up interest rates and slow the housing market’s recovery, even though […]