Tag Archives: Reid

Michelle Obama Moves Mountains With Junior Rangers, Senator Harry Reid (PHOTOS)

Michelle Obama brought her Let’s Move! initiative to the Red Rock National Conservation Area in Las Vegas yesterday, where she stretched and exercised with junior rangers and Senator Harry Reid. She and Reid also watched some amateur mountain climbing. From the pool report:

After the kids went, FLOTUS joked that she would go next: “Alright, here I go! You all would love that, wouldn’t you.” Once the kids were up the rock, FLOTUS asked kids how the exercise was, then remarked that it seemed too easy: “That was too quick. That was too easy.” The kids came down and FLOTUS asked which way was easier, going up or down.

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Reid Backs Breaking Up Banks, Auditing Fed

Harry Reid will make sure that an amendment to break up megabanks and cap their size comes up for a vote, the Senate majority leader said. He added that he was leaning heavily toward voting for the amendment, cosponsored by Sens. Sherrod Brown (D-Ohio) and Ted Kaufman (D-Del.).

Reid will also support an amendment from Sen. Bernie Sanders (I-Vt.) that will authorize an audit of the Federal Reserve, he said.

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Wall Street Reform: Progressive Dems Glimpse Victory

For the first time since the Great Depression, Congress has Wall Street on the defensive. One setback after another has beset the financial titans accustomed to having their way when it comes to writing rules and regulations that govern their industry, and Senate Majority Leader Harry Reid (D-Nev.) promised to push forward on reform Thursday.

“We’re going to work into the night,” Reid said on the Senate floor Thursday.

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HUFFPOST HILL – MAY 5, 2010

Feliz Cinco de Mayo! Los Democratas jodieron a Wall Street con unas enmiendas y Harry Reid dijo que el GOP *literalmente* se esta acostando con Wall Street. El lider de la mayoria, probablemente tocado despues de tantas margaritas, les dijo a los periodistas que el GOP le hace el amor al sector bancario. Si usted tiene un momento libre, por que no le ayuda a John Barrasso, un oponente de la reforma de inmigracion, a celebrar la cultura Mexicana en su recaudacion de fondos para el Cinco de Mayo? Este es HUFFPOST HILL para Miercoles, 5 de Mayo, 2010

BREAKING

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Reid: GOP ‘Making Love To Wall Street’

Harry Reid has always had a way of turning a phrase. On Wednesday afternoon, he turned his talents to a description of the GOP’s relationship with Wall Street, as the two parties continue to debate the way forward on reform.

“The Republicans are having difficulty determining how they’re going to continue making love to Wall Street,” Reid, the Senate majority leader, said in a press briefing.

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Harry Reid Pushing For Majority Vote On Wall Street Reform

A simple majority of the Senate will be all that is required to adopt an amendment to Wall Street reform, if Majority Leader Harry Reid (D-Nev.) gets his way.

The recent tradition in the Senate has been to require, by unanimous consent, that amendments need 60 votes to succeed. The framers’ intention was never to require a super-majority: Otherwise, why would the vice president be given the power in the Constitution to break ties? No final decision has been made, but Reid weighed in on the side of a majority vote on Tuesday morning.

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Fits and Starts: The Reid-Schumer-Graham Immigration Proposal

Having twice read through the Reid-Schumer-Menendez immigration blueprint circulated this week, I am surprised by many of the provisions, including how it deals with state immigration laws, family reunification, and temporary work visas. Certainly the plan is only a rough draft, and without actual legislative text it is hard to tell how many of the provisions will actually make it into a final law. While the proposal would go a long way toward reforming the immigration system, worryingly, it continues many of the current inequities, and leaves many questions unanswered.

Local Laws: Ostensibly in response to Arizona’s tough new immigration law, SB1070, the plan states “because the federal government will have fulfilled its obligation to secure America’s borders, states and municipalities will be prohibited from enacting their own rules and penalties relating to immigration, which could undermine federal policies.” Fine, but how far should we go to tamp down on innovation? Will this new policy, for example, open to legal challenge state and local laws to help integrate immigrants? What about sanctuary city designations, or legislation designed to regulate day-laborer sights? While not all state and local immigration laws are in line with federal priorities, we should think twice before severely constricting state and municipal variation.

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National ID Card Included In Democratic Immigration Bill

Democrats pushed forward on an immigration overhaul on Thursday evening with no Republican support, as Sen. Lindsey Graham (R-S.C.) continues to hold out, arguing that the divisive issue will make progress on climate change legislation impossible.

The Senate is also in the middle of debating Wall Street reform, which is expected to take up the next few weeks of floor time. Reid, however, said that the chamber would be able to handle the task. “We can do more than one thing at once,” he said.

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Reid Leads

Senate Majority Leader Harry Reid just showed Democrats what real leadership (and what bargaining from a position of strength) looks like. After three days of repeated cloture votes to bring Chris Dodd’s Wall Street reform bill to the floor of the Senate for debate, it appears the Republicans are ready to blink. The Republicans successfully managed to block the debate, in three successive votes, but they know they’re paying a political price for doing so. At this point, the only question is how many of them will jump the aisle and vote with the Democrats in the next vote.

Harry Reid and Chris Dodd have shown an amazing amount of backbone in this fracas. Dodd has, to be blunt, been known for watering bills down which affect the financial sector at times (he chairs the relevant Senate committee); and Reid has, again, to be blunt, not exactly been known for taking such a strong stand on important legislation, also preferring to barter away strong language to gain votes. But, in this instance, both held firm, and both showed — at long last — how a majority party is supposed to act. President Obama has been doing a great job of cheering them on, as well, and urging Democrats to hold fast and not bargain away key parts of the legislation (the legislation, thanks to Blanche Lincoln, will actually be stronger on derivatives regulations than the White House had initially supported).

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Reid Calls Republicans’ Bluff

Senate Majority Leader Harry Reid just scored a political victory by losing a vote. That sounds counterintuitive, but it’s true. By failing to bring the Wall Street reform bill written by Chris Dodd to the floor for debate, and by losing a cloture vote on the issue to Republican opposition, Reid has shown that the Democrats (and the White House) have learned a few lessons from the health reform debate. Because by refusing to back down, and refusing to “compromise” (read: water the bill down and add loopholes for Wall Street) with Republicans, Reid is showing real strength, and real leadership.

Harry Reid is from a gambling (or, if you’re employed by the industry, “gaming”) state. And he has just raised the stakes, because he thinks he’s got a winning hand in this debate. The Washington Post just released a poll today showing that reforming Wall Street is wildly popular with the public at large (two-thirds are for it), which certainly helps Reid’s position. But just because an issue (or a sub-issue) is popular with the public, it doesn’t always win in Congress (see: public option). Sometimes politicians squander the issue’s popularity, and drive away their own supporters by continually weakening and gutting the bill they’re debating.

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