(Community Matters) from Politico, Mike Allen
RESURGENT REPUBLIC previews what Rs will be saying about Elena Kagan when her confirmation hearing begins tomorrow: ‘A plurality of likely voters in the November elections supports Elena Kagan’s confirmation, by a 46 to 28 percent margin … But her past positions on military recruitment while at Harvard and the District of Columbia’s handgun ban could harm that support, with undecided voters overwhelmingly saying they would be less likely to support a senator who voted to confirm Kagan on both issues.’
THE AGENDA:
–‘Wall St. reform winners and losers,’ by Carrie Budoff Brown and Ben White, with Chris Frates: ‘THE WINNERS: Citigroup and the business of banking … Sen. Scott Brown (R-Mass.) and his Bay State banks … Walmart: It was pure pitchfork-populism when Sen. Dick Durbin (D-Ill.) floated an amendment designed to cut down the fees merchants must pay to banks every time someone swipes a debit card. The amendment will potentially cut in half the $20 billion generated annually for banks such as JPMorganChase, Citi and Bank of America. … Sen. Blanche Lincoln (D-Ark.) and her derivatives fight … Goldman Sachs [if the firm drops its their designation as a bank holding company].
‘THE LOSERS: Goldman Sachs and the rest of traditional Wall Street … All big banks: The bigger they are, the more they pay. … Senate Banking Committee Republicans … Fannie Mae and Freddie Mac … Mortgage lenders and brokers. …
Community Matters 