TPMDC Laura Colarusso
2010 elections
Report: Grayson Concedes To Paul
Laura Colarusso | May 18, 2010, 8:23PM
KY-SEN candidate Trey Grayson
Trey Grayson, the Kentucky Secretary of State, has officially conceded the Republican primary race for Senator, CNN reports.
"We must unite behind Dr. Paul," Grayson said, adding, "We have more things that unite us."
Grayson was the establishment Republican in the race -- winning endorsements from Senate Minority Leader Mitch McConnell's (R-KY) and the Chamber of Commerce -- while Rand Paul has been the tea party favorite. Polls in recent weeks showed Paul taking a commanding lead of the race.
PERMALINK | COMMENTS (1) | RECOMMEND RECOMMEND (0)Topics: 2010 elections, KY-SEN
Financial Reform
GOP Threats On Trading Amendment Endanger Financial Reform Package
Laura Colarusso | May 18, 2010, 6:14PM
Sen. Chris Dodd (D-CT)
At the center of the latest showdown over financial reform legislation is a proposal to strengthen the Volcker rule, which would limit on risky trading on Wall Street. The amendment, which was scheduled for a vote by bipartisan agreement, is now being objected to by GOP leadership. But Progressive Dems say without a vote on their amendment, they may not allow the bill to proceed.
For his part, Sen. Chris Dodd (D-CT) supports the measure, but is not inclined to put it in his manager's amendment in order to make sure it gets a vote.
PERMALINK | COMMENTS (6) | RECOMMEND RECOMMEND (0)Topics: Chris Dodd, Financial Reform
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