Bean was a member of the Blue Dog caucus and the New Democrat Coalition. Bean voted in support of President Obama’s health care reform; she was one of only 15 Democrats to support the Central American Free Trade Act (CAFTA), and one of only four Dems to side with Republicans against the James Zadroga 9/11 Health and Compensation Act.
|By: Jon Walker Wednesday November 17, 2010 8:35 am|
|By: Jane Hamsher Monday November 8, 2010 8:35 am|
Rep. Melissa Bean (D-Ill.) is possibly getting tapped as the first Consumer Financial Protection Bureau head. The fact that her name would be floated at all as the head of an agency to oversee the banks is an indication that there’s some sort of death wish on the part of Democrats for the 2012 election, and that Elizabeth Warren’s appointment was indeed a “cynical” bait-and-switch move meant to gin up enthusiasm among liberals before the election.
|By: David Dayen Friday June 18, 2010 5:15 pm|
After the first week of the conference committee for Wall Street reform, I would call the verdict middling. Reformers have won some victories – all hedge funds and private equity firms will have to register with the SEC, credit rating agencies will be on the hook for standard liability for negligence, the Fed audit is more robust and ongoing.
|By: Kevin Connor Thursday December 10, 2009 4:30 pm|
As Rep. Melissa Bean (D-IL) works to water down financial reform, a close look at her donor base reveals that it’s dominated by Obama friends, insiders, and fundraisers.
|By: David Dayen Thursday December 10, 2009 10:59 am|
Last night, there was a breakthrough of sorts, which involved the House leadership basically giving the New Dems what they wanted.
|By: David Dayen Wednesday December 9, 2009 6:51 pm|
The House Rules Committee released a very tight rule, with basically no amendments, for the regulatory reform effort being headed up by Barney Frank. This did not please members of the New Democrats, who are notoriously friendly with banking lobbyists. So they threatened to vote against the rule. This is from Congress Daily (sub. reqd.): [...]