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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HERE’S WHERE YOU COME IN

We’ll say it loud and clear: No one gets to tell Mother Jones what to publish or not publish, because no one owns our fiercely independent newsroom. But that also means we need to directly raise the resources it takes to keep our journalism alive. There’s only one way for that to happen, and it’s readers like you stepping up. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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