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Obama signs Wall Street reform bill

Obama signs Wall Street reform bill

President Barack Obama signed into law on Wednesday the most comprehensive financial regulatory overhaul since the Great Depression, vowing to stop risky behavior on Wall Street that imperiled the U.S.…

Sessions predicts GOP takeover of House

Sessions predicts GOP takeover of House

A top Republican lawmaker on Sunday predicted his party would win back the House of Representatives from Democrats in the November mid-term elections, as both parties previewed the arguments they…

Scandal never dies in New York

Scandal never dies in New York

Candidates for New York state attorney general, who have vowed stern enforcement of white collar crime, are also targeting corrupt politicians — a popular issue with voters. At least a…

Pentagon is going broke

Pentagon is going broke

The Pentagon said on Wednesday it may be forced to take extreme measures — like not paying salaries — if the Democratic-led Congress fails to pass a $37 billion defense…

F-bombs away! Court strikes down FCC obscenity rule

F-bombs away! Court strikes down FCC obscenity rule

The U.S. Federal Communications Commission’s indecency policy is unconstitutionally vague and could create a chilling effect beyond “fleeting expletives” heard on broadcasts, an appeals court ruled on Tuesday in a…

Americans lose faith in Obama

Americans lose faith in Obama

Nearly 60 percent of American voters say they lack faith in President Barack Obama, according to a public opinion poll published on Tuesday. The results of the Washington Post/ABC News…

Gibbs: GOP could win control of House

Gibbs: GOP could win control of House

Republicans  could win control of the House of Representatives in elections in November, White House spokesman Robert Gibbs acknowledged on Sunday. “There is no doubt there are enough seats at…

Obama uses recess appointment for Medicare chief

Obama uses recess appointment for Medicare chief

President Barack Obama appointed health expert Donald Berwick on Wednesday to run the Medicare  and Medicaid programs that provide care to seniors and the poor, bypassing the Senate  to fill…

Financial reform passes House but Senate delays action

Financial reform passes House but Senate delays action

The U.S. House of Representatives on Wednesday approved a landmark overhaul of financial regulations but the Senate put off action until mid-July, delaying a final victory for President Barack Obama.…

McChrystal will get full four-star pension

McChrystal will get full four-star pension

President Barack Obama will guarantee former Afghanistan commander General Stanley McChrystal  a four-star pension  despite firing him last week over comments disparaging civilian leaders. McChrystal was sacked about a year…