WASHINGTON, D.C.—One week before he is expected to formally announce his not-so-long-shot candidacy for the White House, Mayor Pete Buttigieg is leaning into his personal connection to a devoted Democratic constituency for whom politics has always been a fight against the odds: LGBT voters. As a voting bloc with strong ties to the Democratic Party and with a vast network of well-funded political organizations battle-tested in the nationwide war over same-sex marriage, LGBT voters are a prize target for any Democrat seeking the party’s nomination. But Buttigieg’s historic status as the first out Democratic presidential candidate gives added power to his campaign’s pursuit of LGBT votes and donor dollars. Alongside husband Chasten, the most public-facing political spouse in the field, Buttigieg is courting those supporters in a way no other Democratic candidate can. “Everybody’s on their own journey—your journey belongs to you,” Buttigieg … [Read more...] about How Mayor Pete and Chasten Buttigieg Are Working to Lock up the LGBT Vote
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Two federal bank regulators voted Tuesday to approve a significant rollback of a controversial ban on risky trades passed in the aftermath of the 2008 financial crisis. The Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) on Tuesday adopted a weakened version of the so-called “Volcker Rule,” which bans banks from making high-risk bets with their own assets.ADVERTISEMENT While the OCC and FDIC are but two of five agencies that must sign off on the new Volcker Rule, their approval of the proposal is the first step in a massive lobbying victory for some of the largest U.S. banks.The Volcker Rule was one of several provisions of the 2010 Dodd-Frank Wall Street reform law designed to ban risky and overly complex investments that helped crash the global financial system in 2008. While advocates for banks have fought to loosen several aspects of Dodd-Frank in the nine years since its passage, firms with mammoth trading … [Read more...] about Bank watchdogs approve rule to loosen ban on risky Wall Street trades
Rep. Maxine Waters has been reborn at the age of 78, emerging as a folk hero to the anti-Trump resistance for her repeated torching of the president. From the glowing coverage and partisan praise, you’d barely detect that just a few years ago the veteran California congresswoman was dubbed one of the nation’s “most corrupt” elected officials by the Citizens for Responsibility and Ethics in Washington for her role in pushing a bailout for a bank tied to her family. Waters was eventually cleared by investigators, though her grandson who served as her chief of staff was not. And now, Democrats seem to be embracing—and some liberal ethics advocates willfully ignoring—her sudden emergence as one of the nation’s leading critics of ethical lapses in President Donald Trump’s administration. Asked by The Daily Beast whether the group felt that Waters would be an effective critic of Trump’s own ethics given that history, Jordan “Going … [Read more...] about Maxine Waters: From ‘Most Corrupt’ to Resistance Hero
Colorado House Rep. Kimmi Clark Lewis, a defender of agricultural interests for rural Coloradans, died Friday after battling cancer for a third time, her family said. Lewis, R-Kim, represented House District 64, which encompasses Baca, Bent, Crowley, Elbert, Kiowa, Las Animas, Lincoln, Prowers and Washington counties in southeastern Colorado. She was first elected in November 2016, and announced plans in August to run for re-election. She was a member of the Rural Affairs and Agriculture and Transportation and Local Government committees. “With heavy hearts, we share that Kimmi Clark Lewis entered God’s Kingdom this morning following her third and valiant battle with cancer,” her family wrote in a statement. “She was at home on her ranch surrounded by family and loved ones. She will be greatly missed by all who knew her.” A public memorial will be scheduled, but details have not been set, according to a spokesman for Colorado House Republicans.Lewis, 62, … [Read more...] about Rep. Kimmi Lewis, “true champion” for rural Colorado, dies
A recent agreement by the governments of Missouri and Kansas to end their economic development border war was cheered across the country, including in this recent piece in The Hill. Specifically, the two states agreed no longer to use economic development subsidies to lure employers back and forth across state line — at least in the Kansas City metro area. And while the precedent is welcome, there was always reason to be skeptical. Now there are signs of its collapse.The Kansas City region is unlike many in the United States in that the metropolitan area is divided almost exactly in half by the state line. The older and more urban part of the region, Kansas City, sits in Missouri. The newer and more suburban post-war developments rest in Kansas. So the traditional urban-suburban economic wars seen across the country have an additional component: State interests. According to the Hall Family Foundation, the two states spent $335 million in the past decade trading employers only to … [Read more...] about Is the Missouri-Kansas border war truce already falling apart?