Sunday, Jan 04th
Last update08:04:20 AM GMT
Congressional Glance
Senate Majority Leader Harry Reid (D-Nev.) was forced into the middle of Sen. Ted Stevens’ (R-Alaska) re-election bid late Saturday night after a senior Senate Democrat endorsed Stevens and called on voters to disregard his seven-count felony conviction.
In a bluntly worded release from his office, Reid warned that Stevens would not only face an ethics investigation but also expulsion proceedings regardless of his efforts to appeal the convictions.
Times are tough, but don't worry about most members of Congress making ends meet.
Their collective wealth grew by 13 percent last year, leaving them in better shape than most Americans to make it through an economic downturn, according to a new analysis of personal financial reports.
Overall, nearly two of every three senators are millionaires.
In 2000, Congress passed a law barring states from regulating credit default swaps under their gambling and “bucket shop” laws. This set the stage for the market in “financial derivatives” that are a big part of what is causing the economic meltdown today.
Years after he resurrected his political fortunes from the Keating Five savings and loan investigation, John McCain promoted an Arizona land swap that would have benefited a former mentor and partner of the scandal's central figure.
Nearby residents and environmentalists, however, wanted to preserve the area's unusual cacti, stone formations and hundreds of Hopi Indian tribal artifacts.
Congressman Brad Sherman said on the floor of the House that a few Congress members had been told there would be martial law in America if they did not pass Paulson's Plunder.
Sherman has not retracted that statement. He has not suggested that the Congress members who had told him that didn't really tell him that, or weren't honest, or didn't take it seriously, or that it didn't influence their votes. But he has put out a statement to the media, clearly at the instruction of the leaders of his party, attempting to backpedal.
A jury found U.S. Sen. Ted Stevens of Alaska guilty Monday of all seven counts in his federal corruption trial.
The jury found Stevens guilty of "knowingly and willfully" scheming to conceal on Senate disclosure forms more than $250,000 in home renovations and other gifts from an Alaska-based oil industry contractor.
Last week, following a series of reports on The Blotter, Mahoney confirmed that he had hired one of his mistresses for his Congressional staff and that he was also carrying on an affair with a Florida county official who sought his help with a federal grant.
But a document obtained by ABC News reveals new allegations of threatening behavior and sexual harassment toward a female staffer, that go far beyond Mahoney's public confession, including claims that he urged one of his mistresses to serve as a "tease" for big donors.
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