Nancy Pelosi

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Dems Pad Majority; Murtha Survives, But Shays Out
Dems Pad Majority; Murtha Survives, But Shays Out
House results

Dems Pad Majority; Murtha Survives, But Shays Out

(Newser) - House Democrats, who held a 36-seat lead going in, beefed up their advantage tonight and appeared likely to keep padding it as results continued to pour in. Christopher Shays, the lone Republican in the New England delegation, was the highest-profile victim of an emerging landslide, but John Murtha of Pennsylvania...

GOP Moves In for Kill Over Sex Scandal

Pelosi hopes to limit damage

(Newser) - Collateral damage from a sex scandal linked to Florida congressman Tim Mahoney is spreading rapidly, and Republican leaders are hoping it could effect the presidential election, reports the Washington Post. GOP leaders are now demanding an investigation be broadened to include whether House Speaker Nancy Pelosi and other congressional Democrats...

Berlusconi Breaks Podium at Rowdy White House Soiree

Dubya's last fan gets a little excited

(Newser) - Affairs don't get much more formal than a White House official dinner, but last night's reception in honor of Silvio Berlusconi had all the seriousness of a frat party. The Italian prime minister was so excited to toast President Bush that he knocked into the lectern, which collapsed in pieces....

Dems Pitch $300B Plan to Jump-Start Economy

But it may have to wait until January

(Newser) - House Democrats are mulling a huge infusion of public cash to kick start economic growth, the New York Times reports. The proposal, announced after a meeting with top economists, would use up to $300 billion to create jobs in new public works projects, and boost food stamp and unemployment insurance...

We Need 2nd Stimulus Bill: Pelosi

Struggling economy requires a $150 billion plug, Speaker says

(Newser) - House Speaker Nancy Pelosi says a second economic stimulus plan is needed now because of the faltering economy, and she puts the price at $150 billion. President Bush, however, has promised a veto. The House passed a $61 billion economic aid proposal last month before lawmakers left Capitol Hill ahead...

Revised Bailout Bill Easily Clears House, 263-171

(Newser) - The House passed the revised $700 billion buyout plan this afternoon, 263-171, raising hopes that the economy will be able to fend off a recession, reports the Washington Post. After 5 days of arm-twisting, 26 Republicans switched their no votes; a total of 91 joined 172 Democrats in backing the...

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...

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