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NE-Sen Competition for Johanns? |
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Written by Stumo
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Tuesday, 27 November 2007 |
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Senator Chuck Hagel is retiring at the end of his term. Former
Nebraska governor Mike Johanns stepped down as USDA secretary to run
for the seat as a Republican. Former Nebraska governor and U.S.
Senator Bob Kerrey declined to run as a Democrat. Current
Nebraska Attorney General Jon Bruning has decided not to primary
Johanns as a Republican.
Scott Kleeb has announced his candidacy
as a Democrat. He lost a congressional race for Nebraska's 3rd
District to Adrian Smith in 2006.
Now Tony Raimondo is considering running
as a Democrat. Raimondo is chairman of Behlen Manufacturing Co.,
is apparently a Republican, and was considered for a Manufacturing Czar
post by President Bush.
The Neb-Sen Race Tracker wiki is here.
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The following was written by Peter Morici, professor at the University of Maryland School of Business and former Chief Economist at the U.S. International Trade Commission.
What’s Next for the Fed: The People’s National Bank?
The Federal Reserve has cut the federal funds rate and its short-term lending rate to banks to near zero, but those moves have done little to unlock credit markets. Conventional mortgage money and business loans remain too scarce, as regional banks, which are the arteries and capillaries of our credit system, remain short of loanable funds.
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