By Russell Gold WSJ Mon., Jan. 28, 2019 Some Senate Democrats want U.S. regulators to assess banks’ and other financial institutions’ preparedness for climate change. Led by Sen. Brian Schatz of Hawaii, the group of 20 senators—19 Democrats and Bernie Sanders (I., Vt.)—wants U.S. regulators to follow counterparts in Europe and elsewhere that are more actively examining whether financial institutions are prepared for the disruptions and damages caused by extreme weather. “U.S. regulators must join their international peers in ensuring the financial system is resilient to climate-related risks,” the senators wrote in a letter sent Friday to the Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation. “We have seen no evidence that your agencies have seriously considered the financial risks of climate change or incorporated those risks into your supervision of financial … [Read more...] about Senate Democrats Seek Better Oversight of Financial Sector’s Climate Risks
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The six double-wide trailers were set up off of the main hall in Madison Square Garden, like a series of covered wagons on the western frontier. The arrangement said everything: The people inside this makeshift camp were hunkered down and under duress. It was the 1980 Democratic Convention, and inside the trailers, top staff to President Jimmy Carter were nervously tracking their support among convention delegates, minute by minute. Senator Ted Kennedy of Massachusetts was trying to take the nomination from Carter in an open convention.Story Continued Below It was the peak of a brutal fight inside the Democratic Party, one so bruising that the party has been careful to avoid a similar experience ever since. And it is a cautionary tale for Democrats as they head into the 2020 election cycle. Their bench of candidates is deep. Their grassroots energy is strong. But if they tear themselves to pieces like they did in 1980, they could squander their shot at defeating President Donald Trump. … [Read more...] about The Humiliating Handshake and the Near-Fistfight that Broke the Democratic Party
COLUMBIA, S.C.— When Sens. Cory Booker and Bernie Sanders make their first early primary state appearances of 2019 on Monday, the location won’t be by chance. As the first Southern state to vote in 2020 — and, more important, the first state where African-Americans will cast a majority of the primary vote — South Carolina looms as a crucible for both potential presidential candidates. Each has something to prove here, though for entirely different reasons.Story Continued Below For Booker, the state presents an opportunity for an early show of strength next year with the Democratic Party’s most loyal bloc of voters. As one of the few African-American candidates likely to run, he’ll have a moment to break out of the crowded field after voting takes place in overwhelmingly white Iowa and New Hampshire. For Sanders, it’s an opening to move beyond his dismal 2016 performance with black voters here, when he won only 26 percent of the total vote in … [Read more...] about ‘Heart of the Democratic Party’: Black voters in S.C. see first candidate push
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Michael Levenson Globe Staff January 14, 2019 Has the fire Berned out?Yes, supporters of Senator Bernie Sanders are hosting house parties and signing petitions this month to show the Vermont independent that his loyal followers are still feeling the Bern and want him to run for president again in 2020.But as Sanders weighs another campaign, some say that even as he has moved the Democratic Party ideologically — pushing issues such as Medicare for all, free college tuition, and a $15 minimum wage into the mainstream — the party has moved past him personally. Advertisement “I don’t see a lot of lasting energy for Bernie,” said Markos Moulitsas, the founder and publisher of Daily Kos. Get Metro Headlines in your inbox: The 10 top local news stories from metro Boston and around New England delivered daily. Thank you for signing … [Read more...] about Has the Democratic Party moved beyond Bernie Sanders?
Published January 13, 2019 Congress FOXBusiness Facebook Twitter Comments Print video We already have a progressive income tax system: Joe Lieberman Former Sen. Joe Lieberman, (I-CT.), on calls from some Democrats for a tax hike and the 2020 presidential race. Former Sen. Joe Lieberman reaffirmed his belief on Sunday that Rep. Alexandria Ocasio-Cortez is not the future of the Democratic Party. Continue Reading Below “She just takes us back to a big-spending, big-taxing Democratic Party,” Lieberman told “Sunday Morning Futures.” “And the Democratic Party is not going to succeed that way.” MORE FROM FOXBUSINESS.COM... ALEXANDRIA OCASIO-CORTEZ ISN'T THE FUTURE OF THE DEMOCRATIC PARTY: JOE LIEBERMAN WE ALREADY HAVE A PROGRESSIVE INCOME TAX SYSTEM: JOE LIEBERMAN Last week, Lieberman told FOX Business that Ocasio-Cortez, who defeated incumbent Democrat Joe Crowley in a major upset last year, is too … [Read more...] about Ocasio-Cortez takes us back to big-spending, big-taxing Democratic Party: Joe Lieberman