Free Republic

Republicans are trying to woo U.S. Rep. Chris Carney to switch parties, with Sen. John McCain among several GOP leaders making pitches to the Susquehanna County Democrat. Mr. McCain on Wednesday called Mr. Carney at his home in Dimock Twp. to ask whether he would consider joining the GOP, a Carney spokesman confirmed. The effort to persuade Mr. Carney was first reported by Politico, which quoted a GOP aide who said the party received "a nibble" from Mr. Carney. But Mr. Carney's spokesman, press secretary Joshua Drobnyk, rebutted that part of the report. Mr. Carney in a statement late Wednesday...

US Senators John McCain (R-Ariz.) and Maria Cantwell (D-Wash.) proposed reinstating the Depression-era Glass-Steagall Act that split commercial and investment banking to rein in Wall Street firms in response to the financial crisis. McCain and Cantwell join other lawmakers in Congress proposing to reinstate the 1933 law, repealed a decade ago by the Gramm-Leach-Bliley Act that led to a rise in conglomerates including Citigroup, JPMorgan Chase and Bank of America active in retail banking, insurance and proprietary trading. Legislation to reinstate the ban was introduced yesterday in the House. Under the Senate legislation, financial firms operating commercial banks and investment...

Republicans are stepping up their efforts to persuade more House Democrats to switch parties and are zeroing in on a second-term Pennsylvanian who is not ruling out such a move. Democratic Rep. Chris Carney received a phone call Wednesday from Sen. John McCain (R-Ariz.) asking him to consider becoming a Republican, a top GOP official told POLITICO. A spokesman for Carney declined to say if the congressman was considering such a switch. “No further comment at this time,” said Carney spokesman Josh Drobnyk, who would only confirm that the call took place. In a brief interview, McCain declined to offer...