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GOP Opposes Pay Limits On Bailed-Out Bankers

GOP Opposes Pay Limits On Bailed-Out Bankers

Wall Street bankers, with their $18 billion in bonuses, private jets and gaudy conferences, are causing headaches for the GOP.

President Obama has proposed capping compensation for executives at banks that take taxpayer bailout money at $500,000. Republicans hate the idea, which puts them uncomfortably on the side of people currently about as popular as child-porn producers and subprime mortgage brokers.

 

GOP Leader: Sen. Gregg Departure Won't Shift Power

There would be no change in the Senate's balance of power if New Hampshire Republican Judd Gregg leaves to become commerce secretary, says the Senate's top Republican, Mitch McConnell.

 

House GOP leader to Rush: Back off

Limbaugh's caustic comments have one of the House's leading conservatives defending colleagues.

 

Obama Goes to Capitol to Lobby G.O.P. on Stimulus

Obama Goes to Capitol to Lobby G.O.P. on Stimulus

In a rare move, the president was meeting with the Republican conference in an effort to draw support for his $825 billion economic stimulus plan.

 

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