Rich Edson Archive

CFTC: Barclays Wanted to 'Fend Off Negative Public Perception'

Published July 17, 2012

Barclays' senior management directed traders and employees to 'manipulate benchmark interest rates to benefit the bank’s derivatives trading positions,' according to CFTC chairman Gary Gensler.

Full Text: Gensler's Statement

House GOP Seeks 1-Year Tax Rate Extension

Published June 14, 2012

Exclusive: House Republicans are discussing a one-year extension of all income tax rates while congressional leaders work to overhaul the tax code next year, according to two senior aides.

Boehner Stakes Out GOP Debt Ceiling Position

Published May 15, 2012

House Speaker John Boehner has set lawmakers toward another clash over increasing the debt ceiling, insisting on cuts and reforms greater than the debt limit increase.

Ryan: 2013 Spending Likely $19B Above His Budget

Published April 19, 2012

Exclusive: The chairman of the House Budget Committee said that Congress this summer will probably pass a continuing resolution at $19 billion more than he calls for in the House-passed budget.

Spending Fight Begins as GOP Budget Plan Unveiled

Published March 20, 2012

In their latest budget proposal, House Republicans proposed spending $19 billion less than Democrats and Republicans agreed to in this summer’s budget deal.

•  Read: Full Text of House Republicans' Budget Plan

Are Working Groups Working?

Published January 27, 2012

The results of the administration's Oil and Gas Price Fraud Working Group, which is designed to monitor oil and gas markets for illegal activity, are difficult to quantify.

Lawmakers Go Home as Tax Cuts Get Set to Expire

Published December 29, 2011

Energy companies, commuters and even rum distillers are looking to Congress to prevent their taxes from increasing. Unfortunately for them, the halls of Capitol Hill are mostly empty.

Newly-Obtained Emails Show Further Treasury Concern Over Solyndra Restructuring

Published October 14, 2011

EXCLUSIVE: New emails show that on several occasions Treasury officials questioned the legality of the Department of Energy’s approval of a loan restructuring for the now-bankrupt solar panel manufacturer, Solyndra.

Obama to Congress: Pass This Plan Now

Published September 08, 2011

President proposed a nearly half-trillion dollar economic plan Thursday that senior administration officials said will 'indisputably add to economic growth.'

Democrats Eye Infrastructure Spending for Stimulus

Published September 07, 2011

Obama and congressional Democrats have long seen infrastructure spending as ideal for creating jobs, but big projects can take over a year to start.