Obama Maintains High Public Opinion

President Obama’s first months in the Oval Office have strengthened his “standing with the American public, a USA TODAY/Gallup Poll finds, giving him political capital for battles ahead.” As his 100th day as president approaches next Wednesday, the survey shows Obama has not only maintained robust approval ratings but also bolstered … Continue reading

Schumer and Dodd: Freeze Rate Hikes on Credit Cards

On Thursday, Senators Chuck Schumer and Chris Dodd called on the Federal Reserve to “freeze interest rate hikes on consumer credit card balances,” just hours before a meeting between credit card companies and the White House. Noting that the Fed has used its emergency powers multiple times since 2007 in the context … Continue reading