Baker Finalizes Hedge Fund Deal

By Tory Newmyer and John McArdle
Roll Call Staff

Jan. 15, 2008, 12 a.m.

Rep. Richard Baker (R-La.) is expected to announce as early as this week that he will leave Congress to head up the Managed Funds Association, the leading lobbying group for the hedge fund industry, according to several sources close to the negotiations.

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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