Federal Reserve Chairman Ben Bernanke said Sunday that he had to "hold my nose" over last year's taxpayer-financed bailouts of big financial companies but argued that the action had to be taken to avoid a major meltdown of the U.S. financial system and the broader economy.
Slow down, Senate Democrats told President Barack Obama on Thursday, dashing hopes of rushing his sweeping health care overhaul to a summertime vote and adding to the troubles the plan could face as the year wears on. "That's OK," the president replied gamely. "Just keep working."
Senate Majority Leader Harry Reid filed 42 pages worth of amended financial disclosure reports Thursday for the years 2000 through 2006 to more fully account for a land deal in Las Vegas and to more accurately reflect the value of some other properties he owns.
Conservative-leaning Blue Dog Democrats are enjoying a power surge like no other in their 15 years, forcing President Barack Obama and their own party leaders to deal with their demands for cost cuts and tax restraints in overhauling health care.
The evidence is everywhere these days: Polls show the public shares their concerns about the cost of Obama's plan to insure all Americans who seek coverage. Obama himself has spent valuable presidential time in private talks with these Democrats and in near-daily appeals for the public to prod Congress into action.
The top Republican on the Senate committee reviewing Sonia Sotomayor's nomination said Sunday her testimony did not settle his concerns about elevating her to the Supreme Court. "I was troubled by a number of the things the nominee has said, a number of the rulings she has made," said Alabama Sen. Jeff Sessions.
Sotomayor, a federal appeals court judge, is expected to be confirmed, given the Democrats' big edge in the Senate and public support already from three GOP senators.
The House Intelligence Committee said Friday it will investigate whether the CIA broke the law by not informing Congress promptly about a secret program to deploy teams of killers to target al-Qaida leaders.
Committee Chairman Rep. Silvestre Reyes, D-Texas, said the hit team plan, which was never carried out, is among several intelligence operations that will be investigated as part of a broad inquiry into the CIA's handling of disclosures to Congress about its secret activities.
Three Republican senators said Friday they will back President Barack Obama's choice of Sonia Sotomayor to serve on the U.S. Supreme Court, setting the stage for a likely easy confirmation.
"Given her judicial record, and her testimony this week, it is my determination that Judge Sotomayor is well-qualified to serve as associate justice of the United States Supreme Court," Cuban-born Senator Mel Martinez of Florida said on his website.
Sen. Max Baucus, chairman of the Senate Finance Committee, said Thursday he feels the committee will reach a bipartisan agreement on overhauling healthcare.
Baucus said both Democrats and Republicans are working to reach an agreement.
Speaking to reporters after meeting with members of his committee, Baucus said "all participants clearly want to reach an agreement."
Committee negotiations continued Thursday to find a way to pay for the $1 trillion 10-year cost of the overhaul with revenues both parties will accept.
Barring a monumental mistake, Sonia Sotomayor has to endure only a few more hours in the witness chair before she can look ahead to her eventual confirmation as a Supreme Court justice.
Sotomayor returns for a third and final day of questioning Thursday, having avoided saying much on a range of hot-button issues, including guns and abortion.
Her unwillingness to be pinned down on almost any topic frustrated even some friendly Democrats.
Judge Sonia Sotomayor's opening appearances before the Senate Judiciary Committee could well go down as a textbook case of how a Supreme Court nominee should handle herself.
She was low-key, refusing to let herself get rattled. She kept her answers brief and to the point; the luxury of loquacity belongs solely to the senators. She did not argue, a real no-no. She took notes, almost as if she were in class. And, unlike the spectators and even some of the senators, she never let her attention wander during the marathon questioning -- or, worse, appeared bored.