Noontime News is a snapshot of our RSS feeds from the noon (Eastern time) hour.
“There are no shortage of conservatives in Louisiana who’d like to retire David Vitter. But late this afternoon, one prominent Republican decided to make a go of it, entering the race at the last possible moment to take on the scandal-plagued senator in the GOP primary this August.
Meet Chet Traylor, a former Louisiana Supreme Court Justice well-connected in Louisiana Republican political and business circles circles, who surprised everyone this afternoon by qualifying at the witching hour to challenge Vitter.”
“Rep. Paul Broun (R-GA) has been touring his northeast Georgia district as part of the Republican Party’s “America Speaking Out” tour, discussing his ideas with his constituents. During a stop in Athens, Georgia, the congressman revealed some of his more radical ideas about where he wants to take the country. At one point, Broun told a constituent that Teddy Roosvelt and Woodrow Wilson “started this process of socializing America” by passing the 16th and 17th amendments and endorsed repealing both of them.”
“This past Wednesday, Sen. Orrin Hatch (R-UT) held a town hall in Layton, Utah, to hear the concerns of his constituents. The senator covered issues ranging from immigration to his votes against confirming Supreme Court justices.
During one point of the town hall, Hatch opened up the floor for questions from his constituents. One asked him why, given the reckless and criminal behavior of Wall Street financial elites in the lead up to the financial crisis, there have not been more significant prosecutions of bankers who broke the law. While Hatch quickly agreed that some bankers may have committed crimes and should be investigated, he quickly veered off to attacking Democratic proposals to place new regulations on Wall Street.
The same questioner then followed up, “I don’t think you get it, sir. We’re angry at the bankers, I don’t want to hear all this about the government!” “
“Several little-known provisions of the new health care overhaul law take effect in coming months that could have a lasting impact on the nation’s health care system.”
“Much of the buzz about the late Robert Byrd’s (D-W.Va.) Senate replacement has revolved around what the appointment will mean for the Democrats’ economic agenda: an unemployment benefits extension and financial regulatory reform in particular. But in these areas, Byrd’s successor is expected to be a reliable yes vote. It’s on the environmental front that we could see a real change.
Byrd took to railing against the coal industry in his last months on the issue of mine safety and the need to join the clean energy push. But given that coal is West Virginia’s state rock, his replacement is expected to be pretty friendly to the industry. [Story includes list of likely replacements]”
“A little history: Senate Democrats thought they were done with financial regulatory reform, ready to vote and pass the bill to President Obama. Then Sen. Scott Brown (R-Mass.) decided he did not like how Rep. Barney Frank (D-Mass.) required big banks and hedge funds to pay the $19 billion in implementation costs — a tax Democrats added to make the bill deficit-neutral, as required by the Senate’s self-imposed paygo rules. Democrats reopened conference committee, changed the funding and moved forward.
Now, The Wall Street Journal reports, Sen. Chuck Grassley (R-Iowa) has voiced concerns with the changed version, wherein Treasury and the FDIC pay for the cost of implementation.”
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