Peter Diamond Wins Nobel, Not Fed Seat

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I see that Sen. Richard Shelby (R–Ala.), in addition to just being an all-around prick, is now responsible for blocking the appointment of a Nobel prize winner to the Federal Reserve. Nice work, GOP!

At this point, I’m increasingly open to the idea of a constitutional amendment limiting the Senate’s confirmation authority to, say, 50 executive branch positions. They can pick whatever 50 they want. But surely having veto power over the 50 most important spots is enough? Aren’t they supposed to spend most of their time considering legislation, after all?

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In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

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