Sen. Chuck Schumer called it "a major victory for the president" when Republicans decided to punt their debt ceiling fight last week, but Rep. Jerry Nadler isn't so sure.
"I think we can declare a partial victory, but only very partial," Nadler told me shortly after the decision was announced on Friday.
A trillion-dollar-coin idea takes off, and a former head of the U.S. Mint doesn't see why it shouldn't
Rep. Jerry Nadler proposed issuing a trillion-dollar coin to circumvent an impending fight over the federal debt ceiling, and the idea has taken off.(9)