Bankrupt GM Begins Slashing Jobs

Quick Take: Kucinich Grills Lewis on Fed Emails

By  Lagan Sebert

Bank of America CEO Ken Lewis took a pounding Thursday from the House Committee on Oversight and Government Reform...

Road to Ruin: Online Lenders Fight Regulation

By  Lagan Sebert  David Murdock

Payday loan offices have been sprouting up in strip malls and on street corners across America for years before Wall Street collapsed...

Republicans Debate "Socialist" Resolution

By  Harry Hanbury

The Republican National Committee will conclude a special session with a much-anticipated vote on a resolution to re-brand the Democratic Party as the "Democrat Socialist Party."

ANP senior producer Harry Hanbury roamed the RNC meeting with a camera and spoke with committeemen and state chairs to hear their thoughts on the vote and their ideas about both parties...

Sen. Lindsey Graham Debates Himself on Detainee Torture

By  Mike Fritz  David Murdock

Senator Lindsey Graham was a passionate critic of the Bush Justice attorneys during this past summer's Armed Services Committee hearings on interrogation.

Lately, however, Graham seems to have had second thoughts on the matter...

Climate Control Debate Heats Up in the House

By  Lagan Sebert  David Murdock

The global warming debate is heating up in the House, leading to the kind of quirky moments that are a common feature of life on the Hill.

Next week, Henry Waxman (D-CA), will bring his Waxman-Markey climate-control bill before the Energy and Commerce Committee he chairs.

Just minutes after Waxman announced he was "very, very close" to agreement on the legislation, his Republican counterpart held his own press conference, using some choice words to downplay Waxman's confidence.

Rep...

Road to Ruin: Mortgage Fraud Scandal Brewing

By  Lagan Sebert

Criminal fraud may be the most underreported aspect of our current financial crisis...

VIEWPOINT: McGovern Warns Obama of LBJ Legacy

By  Mike Fritz  Harry Hanbury

In 1964, President Johnson said of Vietnam that "I don't think it's worth fighting for, and I don't think that we can get out...

Mortgage Bankers Celebrate Victory

By  Lagan Sebert

You would think this year's Mortgage Bankers Association annual meeting would be a rather solemn affair -- given the criticism the industry has endured in recent months...

The Jay Bybee Problem

By  David Murdock

How did Jay Bybee breeze through a confirmation hearing for his appointment to the Federal Appeals Court in February 2003? Not a single Democrat questioned Bybee at the session, and the proceedings came to a quick conclusion...

Road to Ruin: Burned by Brokers

By  Lagan Sebert  David Murdock

Economists, politicians, and pundits refer to "toxic assets" as if they are some unspeakable stew bubbling in a barrel behind an old warehouse...

Credit Card Industry Defeated for Now

By  Harry Hanbury

Hidden penalties, sudden interest rate hikes, and deceptive language are just a few of the questionable tactics used by credit card companies to extract money from increasingly stressed consumers...

Stress Tests Might Be Pointless, Treasury Declines to Comment on Off-Book-Assets

By  Danielle Ivory

This report was produced in collaboration with Alternet.

At the center of President Obama's overhaul strategy for Wall Street are the "stress tests" which will be applied to all financial institutions...

Goldman Vet Sparks Conflict On Hill

By  Lagan Sebert

Barack Obama's plan to name yet another Goldman Sachs alum to his economic team is proving too much for Sen...

Durbin: Time Spent Fundraising "Nothing Short of Amazing."

By  Lagan Sebert

On Tuesday, Senator Dick Durbin (D-IL.) introduced campaign finance legislation intended to ease the rising fund-raising burden on politicians...

Rep. Eric Cantor Says Hedge Fund Tax Rate Must Stay Low to Help Small Businesses

By  Lagan Sebert

In its proposed budget, the White House recommends effectively raising the tax rate on hedge fund managers from 15% to almost 40%...

VIEWPOINT: The Populist Moment

By  Harry Hanbury  Nick Penniman

Everyone agrees: The populist fires are burning...

Capitol Hill: Parties All the Time

By  Harry Hanbury  Garland McLaurin  Mike Fritz

ANP senior producer Harry Hanbury set out to visit every Congressional fundraising party on Capitol Hill in a single day...

KBR Work Presents Potential 'Security Risk' Says Pentagon Official

By  David Murdock  Danielle Ivory

...

Citi CEO Pandit Caught In Double-Talk: Earns $10.8M After Telling Congress He Made $1M

By  Lagan Sebert

This piece was produced in conjunction with the Huffington Post:
"Citigroup Chief Executive Vikram Pandit received nearly $11 million of compensation in 2008...

Groups Protest Health Insurance Heavyweights

By  Mike Fritz

This piece was produced in conjunction with the Huffington Post
Arthur Delaney, Huffington Post:
Congressman Eric Massa (D-N.Y.) led a protest Tuesday outside the Ritz-Carlton hotel in Washington, site of the 2009 national conference of America's Health Insurance Plans (AHIP), a trade group for the health insurance industry.
"We are not radicals! We are not a fringe element!" shouted Massa, who opted not to use the bullhorn provided by protest organizers...

UBS: Washington’s Old Friend Becomes New Foe

By  Lagan Sebert  Mike Fritz

Switzerland's largest bank, UBS, has long been a generous donor to American lawmakers...

Anti-Coal Day on Capitol Hill

By  David Murdock  Harry Hanbury  Lagan Sebert

This weekend, twelve thousand students converged on Washington demanding the U.S. lead the world with a cleaner, greener, and more innovative energy policy...

Coal Action Heats Up Capitol Hill

By  Harry Hanbury

Global warming is lighting a fire on today's campuses, and this weekend thousands of students will come to D.C...

Citigroup’s Special Treatment

By  Lagan Sebert  David Murdock

The once almighty Citigroup is now getting a third lifeline from the U.S...

The Food Lobby Goes to School

By Steven Greenstreet

Who decides what our children are eating? To a large degree, it is the Federal Government...