Facts matter: Sign up for the free Mother Jones Daily newsletter. Support our nonprofit reporting. Subscribe to our print magazine.


By law, two of the five commissioners of the Commodity Futures Trading Commission can’t be from the president’s party.  To fill those two slots, the president normally defers to senior leaders of the opposition party.  In the senate that would be Mitch McConnell, and for one of the two GOP positions McConnell has recommended one of his own former staffers: Scott O’Malia, the Republican clerk of the Senate Energy and Water Development subcommittee.

But before he worked for the Senate, O’Malia was a lobbyist.  And not just any lobbyist: back in the early 2000s he worked for Mirant, a company engaged in Enron-like misconduct that pushed relentlessly for deregulation of energy trading. Now, though, O’Malia says the Enron debacle opened his eyes to the problems caused by exactly the kind of deregulation his former employer championed.

Maybe so.  But surely the Republican Party can find someone who’s been a little more dedicated to regulation all along?  David Corn and Daniel Schulman have the full story here.

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate