Calm before the storm


Okay, maybe not the best metaphor, since it’s been raining all day in Washington.

Nonetheless: In the next five days, the Obama administration is probably going to release a more detailed 2010 budget proposal, its cybersecurity review, and the details of the bank “stress tests.”

Busy week. The details of the stress tests have been slowly leaking out — Citigroup and Bank of America both need more capital — and it’s an open secret that the cybersecurity review will call for a big White House role in cybersecurity. But it will be interesting to dig into the specifics. And, of course, there’s the budget, which will surely set off a political firestorm on Capitol Hill. (We’ll have full coverage of the budget after it’s released on Thursday.)


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