Iowa Attorney General Thomas Miller, the pointman on the 50-state investigation into the foreclosure mess, won re-election this week, but a number of the other 13 attorneys generals on the executive committee for the probe will leave in the coming months.
Marc Ambinder at the Atlantic points to this intriguing polling from Tuesday: Who's to blame for the economy? Bankers (34%), Bush (29%), Obama (24%). Of those who blame bankers, Republicans hold an 11 point advantage. How is this possible given...
It's highly unlikely that Republicans -- if they win big tomorrow -- will be able to repeal Dodd-Frank financial overhaul law altogether. Even just killing off portions, such as the Consumer Financial Protection Agency or the derivatives portion of the bill, would be tough to pull off, too. But there are changes in the margins that Republicans could still push forward that would benefit Wall Street.
Of the 12 state attorneys general leading the investigation into problems with foreclosures, 10 are up for reelection on Tuesday. Several of them -- Jerry Brown in California, Richard Blumenthal in Connecticut, Terry Goddard in Arizona, Andrew Cuomo in New York and Bill McCollum in Florida -- are running for higher office and will not return to their posts. And other races are closely contested. Ohio's Richard Cordray (D), for instance, was the first to sue a major lender for "robo-signing" when he took on Ally Financial in October. He's seeking a senate seat and finds himself in a hotly contested race with incumbent Sen. Mike DeWine (R).
The White House has lately been voicing support for lowering the corporate tax rate. A Republican takeover of the House would give the idea even more traction, with Rep. Dave Camp of Michigan in line to chair the tax-writing House Ways and Means Committee.
If the forecast of strong Republican gains in Congress holds true Nov. 2, the battle over net neutrality - the most contentious tech policy issue - isn't likely to be resolved anytime soon. Net neutrality - the idea that all traffic on the Internet should travel at the same speed - has been a point of contention for the Federal Communications Commission, which is proposing regulations that would ensure that broadband service providers treat all Web traffic equally.