Politics and the Law

With Populist Stance, Obama Takes On Banks: A call for new limits on bank size and risk-taking reflects a shift in the administration’s focus and in the political climate.

It looks like a diversion, to change the subject from the failure of health care reform and the results of the Massachusetts election. Populism isn't Obama's schtick.


Obama’s Move to Limit ‘Reckless Risks’ Has Skeptics: The president on Thursday proposed legislation to limit the scope and size of large financial institutions.

President Obama, with many of his top economic advisers, speaking on banking issues Thursday at the White House.


Lobbyists Get Potent Weapon in Campaign Finance Ruling: The Supreme Court decision will increase the power of lobbyists and interest groups at the expense of candidates and political parties.

Justices, 5-4, Reject Corporate Spending Limit: Overruling two precedents, a divided Supreme Court ruled that the government may not ban political spending by corporations in candidate elections.