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The 16 representatives sponsoring two amendments that would weaken critical consumer protections in financial reform legislation have received at least $2.3 million from the financial services sector since the beginning of 2009. The amendments were sponsored by Rep. Melissa Bean (D-Ill.) and Rep. Walter Minnick (D-Idaho). The Bean amendment would block states from enforcing their own consumer protections laws. The Minnick amendment would set up a feckless alternative in place of the proposed Consumer Financial Protection Agency.
More from Ken Silverstein:
Perspective — October 23, 2013, 8:00 am
How pro-oil Louisiana politicians have shaped American environmental policy
Postcard — October 16, 2013, 8:00 am
A trip to one of the properties at issue in Louisiana’s oil-pollution lawsuits
Number of U.S. states where insurance companies can consider spousal abuse a preexisting condition:
Sherpas warned that global warming was making it more difficult to climb Mt. Everest.
In Norfolk six black-tipped reef sharks, a bonnethead shark, a bowmouth guitar shark, six penguins, and a green sea turtle were evacuated from the Hunstanton Sea Life Sanctuary because of flooding.
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Notes on South Africa’s failed revolution
“I will never know what goes on in your mind, or what that shield of a smile behind which we try to advance should tell us.”