BROWSE BY TOPIC
- Bad Brokers
- Compliance Concepts
- Investor Protection
- Investments - Unsuitable
- Investments - Strategies
- Investments - Private
- Features/Scandals
- Companies
- Technology/Internet
- Rules & Regulations
- Crimes
- Investments
- Bad Advisors
- Boiler Rooms
- Hirings/Transitions
- Terminations/Cost Cutting
- Regulators
- Wall Street News
- General News
- Donald Trump & Co.
- Lawsuits/Arbitrations
- Regulatory Sanctions
- Big Banks
- People
TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
ABOUT FINANCIALISH
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
SUBSCRIBE FOR
NEWSLETTERS & ALERTS
Electoral College Meets Monday – The Last Ditch, Long-Shot Effort to Block Trump
[Image: by Gage / Wikimedia Commons]
Meetings will be held in all 50 states to formalize election
62 electors have asked for briefing on Russian hacking
The Electoral College’s 538 members gather Monday at 50 state capitols to cast the ballots that matter the most when it comes to electing a U.S. president. Normally sedate affairs that pass with little notice, this year’s proceedings have been injected with a bit of drama and a dash of uncertainty with an unprecedented campaign by a small group of electors to overturn the results of Election Day.
A group calling itself the Hamilton Electors is attempting to deny Donald Trump the presidency by trying to convince Democratic and Republican peers to back someone else. While the effort is almost sure to fail, it injects still more rancor in what already has been a divisive political season and serves as a capstone for a 2016 presidential election that will go down as one of the oddest in U.S. history.
Bret Chiafalo, an Electoral College member from Washington state, is one of the organizers of the Hamilton Electors. The name is a nod to Alexander Hamilton and his explanation of the need for the Electoral College: to make sure that “the office of the president will never fall to the lot of any man who is not in an eminent degree endowed with the requisite qualifications.”
“If only 37 Republican electors change their vote, Donald Trump will not have the 270 electoral votes he needs to be president,” Mr. Chiafalo says. “Thirty-seven patriots can save this country.”
Chiafalo and others who have joined the effort want the Electoral College returned to what they say is its original concept: a deliberative body that uses the popular vote as a guide.
Lawrence Lessig, a Harvard University law professor working with the stop-Trump effort, told reporters on a conference call Thursday afternoon that there are likely “at least” 20 Republican electors who are “seriously considering” defections.