Webb, Sanders Pressure Obama On Fed (Ryan Grim, The Huffington Post, March 11, 2010):
Two senators on opposite ends of the Democratic caucus spectrum are circulating a letter pressuring President Obama to appoint governors to the Federal Reserve who reflect the interests of the middle class and small businesses rather than Wall Street.
Sen. Bernie Sanders (I-Vt.), a self-described democratic socialist, has been intensely critical of the Fed's failure to reduce unemployment and its failure to regulate the financial services industry leading up to the crisis. He's joined by Sen. Jim Webb (D-Va.), a conservative Democrat who voted to back Chairman Ben Bernanke's most recent confirmation to a second term.
Two More Democrats Target Bank Bonuses (Eric Nain, Open Congress, February 16, 2010)
Two Senate Democrats are throwing another log on the now-annual firestorm over excessive bank bonuses.Earlier this month, Sen. Jim Webb [D, VA] and Sen. Barbara Boxer [D, CA] unveiled a proposal to tax employee bonuses at certain banks and Wall Street firms that received bailout funds from the Troubled Asset Relief Program (TARP).