Mark Pash: Ongoing investigations by the SEC and Justice Department, Congress and federal regulators who are looking at ways to implement the Dodd-Frank Act, which contains provisions aimed at reducing the raters’ role in the financial system.
Andrea Nill: Gov. Jan Brewer (R-AZ) announced that she is filing a countersuit against the federal government on behalf of the state of Arizona. The countersuit names several counts, including a “failure to protect Arizona from invasion.”
Randy Shaw: After his decision to freeze federal salaries – not as part of any broader budget and tax deal, but unilaterally – it’s clear that the President is far more politically clueless than previously thought.