A Democratic senator took some harsh swipes at President Obama’s Treasury Secretary Timothy Geithner as she was being interviewed on a Monday morning news show.
Huffington Post’s Rachel Weiner notes, “Appearing on MSNBC’s Morning Meeting with Dylan Ratigan, Sen. Maria Cantwell (D-Wash.) said that Geithner’s plans left banks the same loopholes and encouraged the same risks that led to last year’s economic meltdown.”
“Knowing two massive exemptions in the piece of legislation the Secretary endorsed yesterday on ‘Meet the Press’ … why does Tim Geithner still have a job?” Ratigan asked.
Cantwell shot back,
I’m not sure because David Gregory had him almost — trying to get a straight answer out of him. What the Treasury Secretary basically said was, yes, banks should take more risks and we should continue the loopholes and that is really appalling because, right now, we know that lack of transparency has caused this problem with the U.S. economy and Wall Street is continuing, one year later, continuing the same kind of loopholes. And so if the Treasury Secretary doesn’t come down hard against these loopholes and advocate for closing them, then we’re going to have a tough time closing them in Congress. So the Treasury Secretary is dodging the issue.
The Hill reports that this was the second day in a row that the Democratic senator tore into Geithner.
Speaking about Geithner’s appearance Sunday on NBC’s “Meet the Press,” Cantwell slammed the secretary’s defense of the financial overhaul as falling short of needed reforms.
“What the Treasury secretary basically said was that, yes, banks should take more risks and we should continue the loopholes,” she said. “And that’s really appalling because right now, we know that lack of transparency has caused this problem with the U.S. economy, and Wall Street is continuing, one year later, with the same loopholes.”ADVERTISEMENT
The Democratic Cantwell’s questioning of Geithner, who works for a Democratic administration, came at the prodding of Ratigan, who in a blog for the Huffington Post on Monday agitated for the secretary’s firing.
Geithner might be Obama’s most controversial administration member.
In January, The New York Times reported that he “was sworn in as secretary of the Treasury on Monday evening, confirmed by a Senate majority that concluded that his experience in government and finance outweighed concerns about recent disclosures of some $34,000 in past tax delinquencies.”
“The tax controversy had delayed Mr. Geithner’s confirmation, keeping him from taking office right after Barack Obama’s inauguration last Tuesday as administration officials had hoped, given the economic emergency,” the Times reported in January.
The Times noted then:
Three Democrats — Senators Robert C. Byrd of West Virginia, Russ Feingold of Wisconsin and Tom Harkin of Iowa — voted against the nominee, as did an independent who caucuses with the Democrats, Senator Bernard Sanders of Vermont.ADVERTISEMENT
In a floor speech, Mr. Harkin said, ”How can Mr. Geithner speak with any credibility and authority as America’s chief tax enforcement officer?”
Angry Minnesota farmer bashes ‘insulting’ Trump comments that ‘we’re great patriots’ during his trade war
President Donald Trump has insulted at least one Minnesota farmer by his claim that farmers are "great patriots" who want him to continue his trade fight against China.
"This wound is self-inflicted, by our president," said Gary Wertish, who is the Minnesota Farm Bureau president. "We definitely agreed with it in the beginning. But it doesn’t appear that there’s a plan B. Some of the callous comments come, especially from the president, you know, that farmers are 'winning,' we’re 'great patriots,' that’s very insulting. That’s coming from someone who never has faced the challenges of a family farmer. I go into the bank and tell the lender I can’t make the payment because we lost our market? The banker is going to tell me you don’t have to make your payment because you’re a patriot."
MSNBC pundit nails Trump for only attacking Black voices on Fox News
Democratic strategist Joel Payne called out President Donald Trump Sunday for his attacks on Fox News when he was leaving New Jersey.
Before Trump landed in Marine One at Morristown, New Jersey, he tweeted an attack on Juan Williams, the only Black pundit on the Fox News show "The Five."
Trump briefly addressed Williams, before he told members of the press that he found it appalling Fox News hired a friend of Hillary Clinton's, whose name he couldn't even remember.
Missouri official choose Dr. Seuss’ ‘Oh the Places You’ll Go’ for swearing-in ceremony instead of ‘The Bible’
A Missouri county official is being both celebrated and attacked after a decision to forgo The Bible for her swearing-in ceremony and opted for a copy of Oh, The Places You'll Go by Dr. Seuss.
The Friendly Atheist at Patheos captured the story, posting a photo of St. Louis City Councilmember Kelli Dunaway's children holding a copy of the book while she took her oath of office.
This was the scene last week at the STLCO government center. Democrats took back control of the council and @DunawayKelli was sworn in on a copy of “Oh the Places you’ll go” with her children❤️ so proud to be part of #TeamKelli pic.twitter.com/iJ1dxfZ1Zg