Politics Daily
Inside Politics Daily
Will Sarah Palin Ever Be President? A Guide to the Predictions- Obama Pardons a Turkey, Pastor Spares a President (Coincidence?)
Thanksgiving Day 2009: Things Could Be Worse
An Ungifter's Guide to Black Friday
Senators' Thanksgiving Chores: McCain: 'I'm Frying Two Turkeys!'
Five Reasons to Welcome the New Mammogram Guidelines
Is Chris Matthews Turning on Obama?
Report: Women Will Suffer Brunt of Climate Change
Is Howie Kurtz Crushing on Emily Miller? 
Senators Clash Over Worst Scenario: What If 9/11 Masterminds Go Free?
First Obama State Dinner: Lucky 400 at Tuesday Bash
Catholic Bishops Look to Get Their House in Order
Sen. Richard Lugar's Wife Arrested on Suspicion of DUI, Hit-and-Run
By Christopher WeberThe wife of Sen. Richard Lugar was arrested in Virginia and charged with drunk driving and hit-and-run. Charlene Lugar, 77, was pulled over in McLean Wednesday night after an officer noticed her car was trailing smoke and had front-end damage. Police believe that Mrs. Lugar had hit a parked car, according to the Washington Post. She was taken to the Fairfax jail, where she was given a breathalyzer test and arrested, the Post reported. She was released several hours later. The results of the test were not disclosed. Sen. Lugar's office released the following statement to USA Today: "At ...
Treasury to Auction Off Investments in Three Banks
By Christopher WeberThe Treasury Department will auction off its remaining investments in three banks, freeing them from the federal bailout program, it was reported Friday. As part of last year's Troubled Asset Relief Program, the Treasury received warrants from JP Morgan Chase, Capital One Financial, and TCF Financial. By selling those warrants, which are similar to stock options, the government will release the lenders from TARP and raise up to $3.1 billion, the New York Times reported. One analyst predicts the warrants on JP Morgan alone could collect as much as $2.75 billion, which would bring a profit for ...
House Finance Committee Votes To Audit Federal Reserve
By Christopher WeberA House panel has voted to approve legislation introduced by Texas Rep. Ron Paul that would allow Congress to audit the Federal Reserve. The provision that passed the House Financial Services Committee Thursday would direct the Government Accountability Office to examine the Fed's monetary policy, specifically how much it lends to financial institutions, Marketwatch reported. The proposed audit would not include a review of the central bank's policy deliberations. It's the first time in its 95-year history that the Fed would be subjected to government scrutiny. The central bank's secrecy ...
South Carolina Gov. Mark Sanford to Face Ethics Panel
By Christopher WeberGov. Mark Sanford is expected to go before a South Carolina ethics panel next year to answer charges that he may have violated state law. The State Ethics Commission, which spent three months investigating Sanford's campaign and travel spending, did not specify what charges Sanford could face, only that there are "several." Commission director Herbert Hayden wouldn't say whether the possible violations were ethical or criminal, The State reported, but he said he expects to release a list of the charges Monday. "They found probable cause exists on several allegations," Hayden said, reading ...
Obama Nominates Former Bush Aide Dana Perino for Administration Job
By Christopher WeberPresident Obama has nominated George W. Bush's former press secretary Dana Perino for a post on the board overseeing government-sponsored international broadcasting. Perino, who worked in the Bush White House from 2005-2009, was appointed Wednesday to the Broadcasting Board of Governors, AFP reported. Her nomination must be confirmed by the Senate. "I'm honored by the president's announcement and I'm looking forward to serving on the bipartisan board, if I'm confirmed," Perino said. The BBG administers overseas media outlets like Voice of America, Radio Free Europe and Radio Free Asia. Created ...
California's Red Ink Put at $21 Billion
By Christopher WeberCalifornia is facing a $21 billion budget gap over the next year and a half, according to a long-term forecast released Wednesday. The state Legislature's nonpartisan budget analyst said the budget pushed through earlier this year by Gov. Arnold Schwarzenegger and lawmakers didn't patch the deficit and instead created a $6.3 billion gap for the current fiscal year ending June 30. Legislative Analyst Mac Taylor said the shortfall will be $14.4 billion for 2010-11, the Associated Press reported. The report does suggest California's economy is rebounding, but a full recovery isn't likely for ...
White House Creates Task Force to Target Financial Fraud
By Christopher WeberPresident Obama is forming a multiagency task force to go after criminals who defrauded investors and consumers during the financial crisis. Attorney General Eric Holder said Tuesday the Financial Fraud Enforcement Task Force will work with state and local authorities to pursue fraud cases in the wake of the Wall Street meltdown and the housing market crash, the Los Angeles Times reported. "Mortgages, securities, and corporate fraud schemes have eroded the public's confidence in the nation's financial markets and have led to a growing sentiment that Wall Street does not play by the same rules ...
Jerry Brown Raises Big Money in Hollywood
By Christopher WeberCalifornia Attorney General Jerry Brown has not said whether he's running for governor, but that isn't stopping him from attending big-ticket fundraisers in his honor. Brown, a Democrat, is in Los Angeles Wednesday to attend a party with top Hollywood names, including Steven Spielberg, Jeffrey Katzenberg and David Geffen. The event, hosted by former talent manager Sandy Gallin, could bring in more than $1 million for Brown, according to the Los Angeles Times. Brown, 71, hasn't officially announced his intention to run, but he appears to building a campaign war chest a month after the only ...
C Street House, Home To Some Scandal-Plagued Pols, No Longer Tax Exempt
By Christopher Weber
The Washington, D.C., house where three members of congress retreated after their sex scandals went public has reportedly been partially stripped of its tax exempt status. The C Street Christian fellowship house had been classified as a church, a loophole that allowed the owners to avoid paying property taxes. As a result the owner, the Christian organization The Family, charged below market rent to its tenants, mostly GOP senators and representatives. The house made the news when three Republicans -- Nevada Sen. John Ensign, South Carolina Gov. Mark Sanford and then-congressman Chip ...
Airport Security Guard Pleads Guilty Over Obama Threat
By Christopher WeberThe New Jersey airport security guard accused of threatening to shoot President Obama has agreed to a plea deal with prosecutors and is expected to be released after a hearing Thursday. John Brek, who was arrested Oct. 20, pleaded guilty last week to lesser charges of harassment. Brek, 55, originally faced felony charges of making terroristic threats and receiving stolen property and could have faced five years in prison, The Star-Ledger reported. The lesser charges carry a maximum 30-day jail sentence. A Continental Airlines worker at Newark Liberty International Airport told authorities ...
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