David R. Sands
Articles by David R. Sands
Dodd to change controversial mortgage terms
UPDATED: Senate Banking Committee Chairman Christopher J. Dodd said Monday that he would refinance two questionable low-rate mortgages he received from lending giant Countrywide Financial Corp. in 2003, seeking to put behind him a personal ethics controversy as he prepares to shepherd an overhaul of the nation's financial markets through Congress. Published February 3, 2009
GOP may lose Gregg to Commerce
Republican Sen. Judd Gregg of New Hampshire acknowledged Friday he is being considered for secretary of commerce in President Obama's Cabinet, a move that could have momentous consequences for the balance of power in Congress. Published January 31, 2009
Gregg considered to head Commerce
Republican Sen. Judd Gregg of New Hampshire Friday confirmed intense speculation on Capitol Hill that he is being considered for the post of commerce secretary in President Obama's Cabinet, a move that would have momentous consequences for the balance of power in Congress. Published January 30, 2009
House OKs stimulus plan without GOP
The House approved a massive $819 billion stimulus bill Wednesday evening to boost the struggling economy, but not a single Republican voted for the measure despite a personal lobbying pitch from President Obama. Published January 29, 2009
GOP: Its plan is better jobs machine
House Republicans on Wednesday argued that their alternative stimulus program, heavy on tax cuts, would create nearly 3 million more new jobs than the $816 billion economic recovery plan being pushed by the Obama administration and congressional Democrats -- using the same methodology favored by President Obama's top economic advisers. Published January 28, 2009
House passes $819B stimulus plan
The House approved a massive $819 billion stimulus bill to boost the struggling economy, but not a single Republican voted for the measure despite a personal lobbying pitch from President Barack Obama. Published January 28, 2009
Gillibrand sworn in to Clinton’s Senate seat
The Senate was down to one vacancy Tuesday as Democrat Kirsten Gillibrand was sworn in on the Senate floor to take the seat vacated by new Secretary of State Hillary Rodham Clinton. Published January 28, 2009
Senate grills SEC on Madoff’s dealings
Key lawmakers Tuesday demanded much tougher government oversight of Wall Street and the securities markets as regulators struggled to explain how they failed to detect the $50 billion Ponzi scheme reportedly operated by financier Bernard Madoff for more than a decade. Published January 28, 2009
Gillibrand sworn in to succeed Clinton
UPDATED: The Senate was down to one vacancy Tuesday as Democrat Kirsten Gillibrand was sworn on the Senate floor to take the seat vacated by new Secretary of State Hillary Rodham Clinton. Published January 27, 2009
Political dynasties fade away
Call it Bush/Clinton/Bush/Clinton fatigue syndrome, or perhaps the new Obama meritocracy, but some of the most famous names in U.S. politics have come up empty-handed in recent days. Published January 27, 2009
Geithner gets Treasury post amid opposition
UPDATED: The Senate confirmed Timothy F. Geithner on Monday to head the Treasury, giving President Obama a key member of his team at a time when the administration faces a long to-do list. Published January 27, 2009
Biden swears in new Colo. senator
Vice President Joseph R. Biden Jr. made his first trip back to his old stomping grounds Thursday, returning to the floor of the Senate to swear in new Sen. Michael Bennet, Colorado Democrat. The ceremony marked Mr. Biden's official debut as president of the Senate, where he served six terms as a senator from Delaware. Published January 23, 2009
Senate panel approves Treasury pick
Timothy Geithner overcame concerns about irregularities in his income-tax returns and won Senate panel approval for his nomination to head the Treasury Department, as the agency he may soon head received a vote of no confidence from House lawmakers displeased with its handling of the Wall Street bailout. Published January 23, 2009
House blasts bailout in symbolic vote
In a vote without impact but heavy on symbolism, the House on Thursday voted overwhelmingly to deny the Obama administration the remaining $350 billion under the Wall Street bailout package. Published January 22, 2009
Panel votes 18-5 to approve Geithner
UPDATED: The Senate Finance Committee on Thursday approved the nomination of Timothy Geithner as secretary of the Treasury on an 18-5 vote, despite lingering doubts from Republicans on the panel over irregularities in the nominee's tax records. Published January 22, 2009
Obama takes charge
Barack Hussein Obama became the nation's first black president on Tuesday, beckoning Americans to move beyond divisive politics and a "collective failure to make hard choices." Now Wednesday, the real work begins. Published January 20, 2009
Kennedy suffers seizure at luncheon
DEVELOPING: Sen. Edward M. Kennedy fell ill with what one lawmaker described as a "lengthy seizure" and was removed from the luncheon honoring President Obama. Published January 20, 2009
‘Begin again the remaking of America’
UPDATED: Promising a "new era of responsibility," Barack Hussein Obama Tuesday took the oath as the 44th president and first black commander-in-chief. Published January 20, 2009
Six in Cabinet OK’d; Clinton waits
The Democrat-dominated Senate on Tuesday unanimously approved the first six members of President Obama's Cabinet just hours after he was sworn in, but the day was marred by a seizure that struck Sen. Edward M. Kennedy. Published January 20, 2009
Following Lincoln a tall order
In ways great and small, 44 is very big on 16. Published January 18, 2009
