April 19th, 2010
10:03 AM ET
8 years ago

Obama to give Boxer a boost

President Obama will attend a fundraiser Monday for California Sen. Barbara Boxer.

President Obama will attend a fundraiser Monday for California Sen. Barbara Boxer.

Washington (CNN) - President Obama heads west Monday afternoon to headline two political fundraisers for his party and for a fellow Democrat. It's the president's second night of fundraising over the past four days.

Obama is the main attraction at two events in Los Angeles for the Democratic National Committee and Sen. Barbara Boxer of California. According to the White House schedule, the president will deliver remarks at a fundraising reception Boxer and the DNC at the California Science Center. Then Obama heads to the Museum of Natural History of Los Angeles, where he will speak at a fundraising dinner for Boxer and the DNC. A Democratic source confirms to CNN that the two events will raise at least $3 million in campaign cash.

Last Thursday, Obama headlined two DNC fundraisers in Miami that brought in around $2.5 million for the party, according to a Democratic source.

The Democratic National Committee says it raised at least $13 million in March. Its counterpart, the Republican National Committee, reports raising $11.4 million last month.


Filed under: 2010 • Barbara Boxer • California • DNC • President Obama
April 19th, 2010
09:38 AM ET
8 years ago

Stupak stars in new House GOP campaign

The NRCC unveiled StupakSellouts.com on Monday.

The NRCC unveiled StupakSellouts.com on Monday.

Washington (CNN) - House Republicans continued the drumbeat Monday against President Obama's health care reform law with a new online effort criticizing 15 Democrats for supporting the legislation.

The National Republican Congressional Committee unveiled a Web page named after Michigan Rep. Bart Stupak, the anti-abortion rights Democrat who made an eleventh-hour deal with the White House on abortion language that ensured his party had enough votes to pass the massive health care overhaul bill.

"The goal is to keep the bill fresh on the minds of voters in targeted districts," Ken Spain, the NRCC's communications director, told CNN.

Read a list of House Democrats being targeted after the jump:

Filed under: Health care • NRCC
April 19th, 2010
09:14 AM ET
8 years ago

Poll: Obama's approval rating rebounds in Florida

President Obama’s approval rating in Florida is up to 50 percent, according to a new Quinnipiac University poll.

President Obama’s approval rating in Florida is up to 50 percent, according to a new Quinnipiac University poll.

(CNN) - President Obama's approval rating in Florida is on the rise, according to a new poll.

A Quinnipiac University survey released Monday indicates that 50 percent of Florida voters approve of the job that Obama is doing in the White House, up five points from January, with 45 percent saying they disapprove, down four points from the beginning of the year.

The increase might have been caused by a four percent uptick in Obama's approval rating among independent voters since January. Forty-eight percent of independents now give the president a thumb's up, with 46 percent saying they disapprove, the poll shows.

Obama's recent call for increased offshore oil drilling appears to be popular with Floridians: 64 percent say they're OK with drilling off the Florida coast.

But, according to the poll, health care reform is not nearly as popular, with 48 percent saying they disapprove of the plan and 44 percent saying they support it. Forty-nine percent say they disapprove of how the president has handled health care, and 44 percent say they approve.


Filed under: Florida • President Obama
April 19th, 2010
08:27 AM ET
8 years ago

McConnell explains Wall Street meeting with Cornyn

Washington (CNN) – A day after President Obama sought to use a closed-door meeting between Wall Street leaders and two top Senate Republicans as political ammunition in the battle over financial regulatory reform, Senate Minority Leader Mitch McConnell tried to explain the meeting.

In a rare move, Obama used his weekly internet and radio address to single out McConnell and Sen. John Cornyn, who leads the GOP's effort to elect Republicans to the Senate in November.

Related: Obama touts financial reform

The changes sought by Democrats "have not exactly been welcomed by the people who profit from the status quo – as well their allies in Washington," Obama said in his address. "This is probably why the special interests have spent a lot of time and money lobbying to kill or weaken the bill. Just the other day, in fact, the leader of the Senate Republicans and the chair of the Republican Senate campaign committee met with two dozen top Wall Street executives to talk about how to block progress on this issue.

"Lo and behold, when he returned to Washington, the Senate Republican Leader came out against the common-sense reforms we've proposed."

Asked about the meeting on CNN's State of the Union Sunday , McConnell rejected any suggestion that the meeting was used to craft ways to block financial regularly reform. Ultimately, McConnell said Cornyn was there because he will be voting on the reform legislation.

"Did the meeting take place?," CNN Chief Political Correspondent and State of the Union anchor Candy Crowley asked McConnell. "What was the conversation?"

Filed under: John Cornyn • Mitch McConnell • Wall Street
April 19th, 2010
08:26 AM ET
8 years ago

McCain says he is now 'a partisan'

Is Sen. John McCain a political maverick or political partisan?

Is Sen. John McCain a political maverick or political partisan?

Washington (CNN) - John McCain the political maverick or the political partisan?

Well, the Arizona Republican senator says it depends on who he is opposing. In 2008 when he was running for president, McCain embraced the maverick moniker even thought he told Newsweek earlier this month that "I never considered myself a maverick."

Primary rival J.D. Hayworth has accused McCain of trying to rebrand himself, which the senator took issue with on Fox News Sunday.

"Well, look, when I was fighting against my own president, whether we needed more troops in Iraq, or whether we - spending was completely out of control, then I was a maverick," McCain said. "Now that I'm fighting against this spending administration and this out-of-control and reckless health care plan, then I'm a partisan."

McCain added, "What I was saying was that I have considered myself a person who's a fighter. I wouldn't be around today if I wasn't a fighter. I fight for the things that I believe in, and sometimes that's called a maverick. Sometimes that's called a partisan. And people can draw their own conclusions."

Filed under: 2010 • Arizona • John McCain
April 19th, 2010
07:05 AM ET
8 years ago

Wall Street reform: Senate is ready

Senate Democrats plan to start debating the Wall Street reform bill this week.

Senate Democrats plan to start debating the Wall Street reform bill this week.

Washington (CNNMoney.com) - With a weekend push from President Obama and the SEC charges against Goldman Sachs in the background, Democrats plan to start debating the Wall Street reform bill in the Senate this week, even as Republicans continue to say they oppose the bill.

The president made reform the centerpiece of his weekly radio address to the nation.

"The consequences of this failure of responsibility - from Wall Street to Washington - are all around us: 8 million jobs lost, trillions in savings erased, countless dreams diminished or denied, " Obama said. "I believe we have to do everything we can to ensure that no crisis like this ever happens again."

Wall Street reform got additional impetus Friday when the Securities and Exchange Commission charged Goldman with defrauding investors on mortgage-backed securities.

But, in a letter to Senate Democrats on Friday, 41 Senate Republicans said they "are united" in opposing the current bill that passed the Banking Committee last month, according to a letter penned by Senate Minority Leader Mitch McConnell, R-Kentucky.

Full story

Filed under: CNNMoney.com • Financial Reform • SEC • Senate • Wall Street
April 19th, 2010
04:55 AM ET
8 years ago

POLITICAL HOT TOPICS: Monday, April 19, 2010


The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.

For the latest political news: www.CNNPolitics.com

CNN: Congress divided over financial reform bill
Congress appeared headed for a major partisan showdown over financial regulation reform, with Senate Republicans reiterating their opposition Sunday to a bill that Democrats say will prevent another Wall Street meltdown like the one that precipitated the U.S. recession.

New York Daily News: Who can Wall St. bank on? Schumer and Bloomberg don't play nice over proposed reforms
It's a street fight – Wall Street, that is. Mayor Bloomberg and Sen. Chuck Schumer, the two most powerful pols in New York, are squaring off over how best to protect the city's Golden Goose, its financial services industry. In one corner is Bloomberg, a former bond trader who brands New York's congressional delegation wimps when it comes to publicly sticking up for Wall Street. On the other side is Schumer, the Senate's No. 3 Democrat, who has apparently decided that cheerleading for Wall Street – at a time of extreme voter disgust with the big banks – is a foolish investment of his political capital.

The Hill: Geithner to meet with Collins on reform
Treasury Secretary Tim Geithner will meet with a key centrist Republican on Monday on financial regulatory reform. Geithner will meet Monday afternoon with Sen. Susan Collins (R-Maine) to discuss regulatory reform, which is beginning to advance its way through the Senate. Collins, who is not a member of the Senate Banking Committee, but who is the top Republican on the Appropriations committee's subcommittee on Financial Services and General Government, has been a target of Democratic overtures on financial reform.

Washington Post: Don't be too quick to mistake tea party for Perot movement
The Perot movement is an obvious starting point to try to understand the tea party movement. Both movements began during times of economic distress and were built on growing distrust of, and even anger with, Washington and the federal government. Each shook up the established political order, forcing the two major parties to adapt. Many of the tea party activists are new to politics, as were many of those who supported Perot. But although they share some attitudes and attributes, the tea partiers are not natural descendants of the followers of the quirky billionaire from Texas.

Bloomberg: Oboe-Playing Judicial Artist Diane Wood Eyed for High Court
[Diane] Wood has demonstrated a willingness to challenge her fellow jurists without offending, say lawyers and clerks who have observed her in court. Those attributes may be an asset as President Barack Obama considers her to replace retiring Justice John Paul Stevens on an often-divided U.S. Supreme Court. While Wood’s opinions supported abortion rights and separation of church and state, her rulings on business matters aren’t easy to pigeonhole.

Investors Business Daily: Democrats May Tax Wall Street To Pay For Fresh Aid To States
The Goldman Sachs (GS) fraud charges Friday may provide timely support to Democrats trying to find the budgetary means for another shot of stimulus for state schools. In a political climate in which battles are erupting over extending unemployment benefits, the Senate is unlikely to find the votes to deficit-finance another dose of funds for schools, even amid warning that state budget crises will trigger widespread teacher layoffs. The most likely funding sources appear to be proposed tax hikes on hedge funds and large financial institutions.

Filed under: Political Hot Topics
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