Banking Crisis Hits Members

Several Tally Stock Losses

By Matthew Murray and Tory Newmyer
Roll Call Staff

April 7, 2008, 12 a.m.

It isn’t just happening on Main Street.
The ongoing banking crisis is leaving dozens of Members of Congress with massive potential losses on their personal balance sheets, as policymakers, too, prove vulnerable to the financial woes of Bear Stearns, Countrywide Financial, Washington Mutual and other one-time Wall Street darlings.

Schumer Advocates for Many on Panel

Nov. 16, 12 a.m.

As Senate Majority Leader, Lyndon Johnson once said of the Joint Economic Committee, “It’s as useless as tits on a bull.” But as that panel’s chairman during the 110th Congress, Sen. Charles Schumer (D-N.Y.) seized the opportunity to elevate the traditionally low-profile post to the forefront of shaping policy. Read Full Article