Power Players: Without Automakers’ Fuel, Waxman Steers House Energy Committee in New Direction
Name: Rep. Henry Waxman (D-Calif.) Position: In a blow to the struggling auto industry that has financially supported Rep. John Dingell (D-Mich.) for years, the House Energy & Commerce Committee chairman was ousted this year, replaced by Waxman, who hasn’t received a penny from the industry. Waxman has vowed to re-direct the committee to focus on [...]
Power Players: Struggling Financial Firms Are Banking on Dodd
Name: Sen. Chris Dodd (D-Conn.)
Position: Although Dodd is chair of one of the more powerful congressional committees, he probably isn’t the envy of his peers these days with an economic crisis growing larger by the day. Dodd has put in two years as chair of the Senate Committee on Banking, Housing and Urban Affairs and [...]
Power Players: Despite Industry Funds, Frank Cracks Down on Bailout Recipients
Name: Rep. Barney Frank (D-Mass.)
Position: Frank will continue his role as chair of the House Financial Services Committee, which he undertook in 2007, just before the country’s economy started to slip into a recession. The Democrat had been the ranking member of the committee, which has jurisdiction over the housing and financial sectors, since 2003. [...]