It was a passing comment, but it really should close the door on today’s Big Political Story®.
By way of background, at a breakfast roundtable today, a reporter for another outlet asked CBO director Doug Elmendorf if his agency has detected that the health care law has had an adverse impact on business. “We don’t think that the health care law is having a significant impact on the economy today,” he said.
Why does that matter? Read More
A quick look at the most obsequious treatment Jamie Dimon received from senators today:
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Hard for me to imagine that business leaders like Dimon don’t find these guys to be pathetic, too, and ridicule them privately. But maybe I’m just projecting.
If you’re going to meet the President, always break out the 3D glasses.
How much of downballot boost will Obama be — and for which party? Kyle Leighton looks into it in the latest Polltracker Crosstabs:
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The most telling thing about Jamie Dimon’s appearance before the Senate Banking Committee today was the deference most senators showed him. If you were hoping that the JPMorgan high-risk gamble that went bust would sharpen the teeth of politicians and regulators, today’s mostly clubby treatment of Dimon will be a letdown.
Activists try to make end run around Citizens United by upping the pressure on companies that spend corporate funds on partisan politics.
Jon Stewart lets loose on Rick Scott’s Florida voter purge. Watch.
The air kisses from Banking Committee senators to Jamie Dimon sort of gave away the game at today’s hearing: as big and embarrassing as JPMorgan’s losses were, they haven’t changed the underlying political dynamic enough to threaten banks with tough new regulations. But a couple of (Democratic) senators did take their shots at Dimon, including Jeff Merkley of Oregon. Watch.
Democrats sound the alarm to donors that their SuperPACs are getting trounced by their GOP counterparts.