Monday Daily Delawhere [2.10.14]
The Frozen Brandywine Creek Park, by Sarah L on Flickr.
Vice President Joe Biden joked this week that being able to drive his Corvette – is one good reason not to run. But, when asked to give another good reason not to run, Biden responded simply. “I can’t.” “There may be reasons I don't run, but there's no obvious reason for me why I think I should not run,” he said in the interview with Kate Bolduan on CNN’s “New Day.” Biden went on to say he would make a decision “realistically, a year this summer.”Is it me, or is this a little late? Realistically, there ought to be operations need to get stood up in Iowa and NH right around then right?
“They decided it wasn’t essential to the investigation and that’s a good thing,’’ MacRae said. “They have to be very discriminatory when they seek private information like that.’’ Joseph S. Grubb, the chief New Castle County prosecutor, said Biden’s top supervisors decided this week to withdraw the subpoena because the information would not further the criminal case – not because of criticism or opposition. “The investigation kind of took a turn,’’ Grubb said. “It’s proven less likely there’s a relevant connection’’ between the creators of Peaceful Rioters and the Hockessin-area missives about top county officials.Translation: We got caught in a fishing expedition and we're trying to put a good face on our backing out of this strategy.
Massachusetts Senator Elizabeth Warren said today at a Senate Banking Committee hearing that JPMorgan chairman and CEO Jamie Dimon’s 74% pay raise to $20 million for the year “raises questions about whether our enforcement strategy is working or if it’s so bad that it makes banks more likely to break the law.” His bank paid over $20 billion in fines and compensation to homeowners this year to settle regulatory actions and lawsuits. The hearing on data security and financial stability brought four senior financial regulators and one senior Treasury official in front of the committee and provided a forum for yet another strong critique by the populist Massachusetts senator of what she sees as fundamentally weak regulation of the country’s largest banks. In particular, she once again called for more criminal cases that could result in jail time — as opposed to the enforcement actions and civil cases that can be brought by the regulators Warren was criticizing.