Nancy Pelosi

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House Steels for High Noon Bailout Vote

Efforts to sway votes move into overdrive as second effort looms

(Newser) - Leaders and lobbyists are scrambling to marshal support for the revamped bailout bill before it returns to the House at midday today, the Washington Post reports. Democratic and GOP chiefs believe they can sway enough votes to swing it—although only a few have switched so far. Some Republicans who...

Pressure Shifts Back to Pelosi
 Pressure Shifts Back to Pelosi 
ANALYSIS

Pressure Shifts Back to Pelosi

Speaker, derided for partisan remarks ahead of first vote, gets another crack at bailout bill

(Newser) - After Republicans blamed partisan remarks for dooming Monday’s bailout vote, Speaker Nancy Pelosi is firmly in the crosshairs with a second chance coming tomorrow, the Sacramento Bee reports. But the Democrat isn’t backing off, a rep says. “Part of being able to deal with this crisis is...

Pelosi's PAC Paid Husband's Firm $99K for Work

Transaction legal, but would have been banned by bill Dem Speaker supported

(Newser) - Nancy Pelosi paid her husband’s company $99,000 through her political action committee during the past 9 years, the Washington Times reports. Payments to Paul Pelosi’s Financial Leasing Services are routine fees for accounting and office-space rent payments, but would have been illegal under a bill Pelosi supported...

Shocked Legislators Weigh Next Move
 Shocked Legislators 
 Weigh Next Move 
UPDATED

Shocked Legislators Weigh Next Move

Discontent on both sides moved House to kill bailout

(Newser) - The efforts of Nancy Pelosi and John Boehner were not enough to quell a revolt within their parties that killed the financial bailout bill today. The bipartisan opposition to the bill reflected in the 228-205 vote—95 Democrats and 133 Republicans dissented—reflects liberal representatives’ unease with rescuing highly paid...

House Republicans Return to Bailout Negotiations

Key concessions, and a desire to approve legislation, put talks back on track

(Newser) - After a dramatic exit yesterday, House Republicans returned to talks today on the Wall Street bailout plan, the Washington Post reports. The White House expressed confidence and hoped aloud for a resolution by Monday. Yesterday’s White House meeting, with both candidates, was seen as a misstep. “The insertion...

How the Bailout Talks Broke Down

Partisanship, an alternative plan undercut consensus

(Newser) - Hopes were high yesterday morning that a deal was imminent for Treasury Secretary Henry Paulson’s bailout plan, but a surprise GOP revolt at a tense summit with Bush and the presidential candidates scuttled the agreement, and plunged the capital into partisan bickering last night, the New York Times reports....

Dems Ditch Ban on Offshore Drilling

Current moratorium expires Oct. 1, GOP hails victory

(Newser) - Democrats are removing a ban on offshore drilling from the budget resolution to avoid a White House veto, Politico reports. The move aims "to take a budget standoff of the table so we can address the larger Bush financial crisis," said a spokesman for House Speaker Nancy Pelos....

Dems Bristle Over 'Blank Check' Bailout

Lawmakers vow not to rush bill like Sept. 11 legislation

(Newser) - Democratic lawmakers showed concern today over a proposed $700 billion bailout plan that Barack Obama called a "blank check," Politico reports. Sen. Patrick Leahy vowed not to repeat their post-Sept. 11 mistake—of rushing legislation that President Bush used to justify wiretapping—while others said voters may see...

Congress Watches Uneasily as Fed, Treasury Move Boldly

Lawmakers complain of lack of oversight, being left out of loop as feds commit billions

(Newser) - Like sports fans second-guessing officials’ calls, lawmakers are watching uneasily from the sidelines as Treasury and Federal Reserve officials pledge billions of taxpayer dollars to fight Wall Street’s meltdown, the Washington Post reports. And, while many in both parties have been convinced the moves were appropriate, they’re worried...

Dems Again Losing Catholics Over Abortion

Biden doing little good for Obama in Pa., other swing states

(Newser) - Though progressive Catholics have worked hard to convince churchgoers that the Democrats share the church's views on the Iraq war, immigration, and health care, abortion is again turning Catholic voters away from the party, the New York Times reports. As conservative bishops have scolded Catholics like Nancy Pelosi and Joe...

Rangel Won't Step Down From Tax Panel

Says Pelosi in favor of him staying as chair of Ways and Means

(Newser) - New York Rep. Charles Rangel will remain in his post as chairman of the House Ways and Means Committee while an ethics investigation takes place, the New York Times reports. House Speaker Nancy Pelosi supports the move, said his attorney, and Rangel "believes that the facts should prevail, not...

Pelosi Asks Rangel to Step Down as Tax Panel Chair

Tax committee boss dogged by questions over own returns

(Newser) - House Speaker Nancy Pelosi has privately asked New York Rep. Charles Rangel to step down as chairman of the House Ways and Means Committee after it emerged that his personal tax filings neglected to report income from a rental property for some 20 years, says a source to the New ...

Democrats Switch Policy to Back Offshore Drilling

GOP pressure, $4 gas behind sea change on energy position

(Newser) - The Democrats are tossing a big part of their environmental policy overboard to reach a compromise on offshore drilling, reports the New York Times. A shift in public opinion, coupled with Republican pressure on the issue, has convinced the party to reverse its long-held opposition to back a deal allowing...

Bank of America in Talks to Buy Lehman Bros.

Investment bank looking for buyers to save it from collapse

(Newser) - Bank of America is in preliminary talks to acquire struggling investment bank Lehman Brothers, the Wall Street Journal reports. Lehman has been shopping itself around in a bid to stave off collapse, but potential suitors are wary. Many want Washington to assist with a sale of the bank, whose shares...

Dems Put Auto Aid in Fast Lane
 Dems Put Auto Aid in Fast Lane 

Dems Put Auto Aid in Fast Lane

It's about jobs, Pelosi says

(Newser) - House Democrats are considering a $25 billion rescue plan for the flagging US auto industry, the Los Angeles Times reports, hoping to speed the measure through Congress in a matter of weeks. “This is very, very important,” said Nancy Pelosi. “It's about jobs. Jobs, jobs, jobs, jobs....

Lesbian Rights Pioneer Dies
 Lesbian Rights Pioneer Dies

Lesbian Rights Pioneer Dies

87-year-old activist Del Martin one of first to wed

(Newser) - Veteran lesbian rights pioneer Del Martin has died in San Francisco at age 87. Martin, founder of one of the first gay rights organizations, Daughters of Bilitis, had been in declining health for years, reports the San Francisco Chronicle. She and her partner were among the first same sex couples...

Obama Campaign Asks Pelosi to Quiet Down

Speaker's abortion gaffe compounds general meddling, Dem adviser says

(Newser) - Nancy Pelosi has been politely asked by Barack Obama’s campaign to refrain from making more public statements, the American Spectator reports. The House Speaker is reportedly angry about not being more included in campaign decision-making, and Catholic fury over her bungled answer to the “when does life begin?”...

Sunday Pundits Dissect Biden Pick

Biden dominates Sunday talk shows

(Newser) - The newly announced Obama/Biden ticket predictably dominated the talk shows today. Politico gives the run-down:
  • Obama VP adviser Caroline Kennedy told Meet the Press she hoped Joe Biden would prove to be as sage a pick as her father's choice of LBJ.
  • House Speaker Nancy Pelosi turned Biden's rep for
...

Public Vetoes Most Pols' Books
 Public Vetoes Most Pols' Books 

Public Vetoes Most Pols' Books

Exceptions incluide Clintons, Obama, McCain

(Newser) - Nancy Pelosi and Harry Reid are big deals in Congress, but their power apparently doesn’t extend to bookstores, Politico reports. Despite much-hyped releases, new books by the Speaker of the House and the majority leader have sold a mere 6,500 copies—combined. These days, even B-list lawmakers have...

GOP Energy-Bill Protest Could Overlap With Dem Convention

Letter turns up heat on Pelosi to reconvene

(Newser) - Republicans say their measures to suspend the House’s August recess and force a vote on a national energy bill could continue until just before the Democratic National Convention—or beyond, the Hill reports. “Republicans will not rest until we have an honest, up-or-down vote on the American Energy...

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