Graham withdraws support for climate legislation
The effort to enact comprehensive climate and energy legislation this year suffered a critical blow Saturday when Sen. Lindsey O. Graham (S.C.), the key Republican proponent of the bill, withdrew his support because of what he said was a “cynical political” decision by Democrats to advance…
As Obama visits coal country, many are wary of his environmental policies
BECKLEY, W.VA. — Coal has helped divide Barack Obama from the people of this heavily Democratic state. On Sunday, it will bring the president and West Virginians together, at least briefly.
Goldman executives cheered housing market’s decline, newly released e-mails show
As the U.S. housing market began its epic fall nearly three years ago, top executives at Wall Street powerhouse Goldman Sachs cheered the large financial gains the firm stood to make on certain bets it had placed, according to newly released documents.
Financial, business interests step up lobbying against overhaul bill
The decision by Senate Democrats to move ahead with financial overhaul legislation this week has prompted a last-ditch lobbying campaign by major banks and business groups, which fear the political winds have shifted against them amid widespread public anger over the excesses of Wall Street.