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Senators Grill Regulators on Subprime Loans
The Senate Banking Committee grills top regulators and several of the nation's largest lenders about problems with sub-prime mortgages — and what regulators did and did not do to address them. About 14 percent of outstanding subprime loans are now delinquent by 30 days or more.
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Rice in Middle East for New Round of Talks
Condoleezza Rice is traveling to the Middle East this week, her fourth trip in as many months. The U.S. Secretary of State is there for a new round of talks with Israeli and Palestinian leaders.
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Former Gonzales Deputy Contradicts Boss's Story
Attorney General Alberto Gonzales was more involved than he had previously acknowledged in the decision to dismiss eight U.S. attorneys in 2006, according to his former chief of staff. Kyle Sampson faced hours of questions from the Senate Judiciary Committee.
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Bush Decries 'Political Dance' with Democrats
At a White House news conference, President Bush covers a variety of subjects. He says Democrats who have declined to pass a war-spending bill satisfactory to the administration are wasting their time.
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'Other Russia' Opposes Power Structure
Opposition leaders in Russia have made waves by organizing unsanctioned demonstrations. The group Other Russia includes a former prime minister, a novelist and chessmaster Garry Kasparov.
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Urban Poor Cope with Help from Informal Economy
A Columbia University sociologist gives an inside view of informal economies which are central to life in the inner city. It's not just drug dealing and loan sharking that's off the books — it's child care, hair braiding, oil changes and house cleaning.
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March Madness or Blandness at the NCAA Tourney?
A near drought of upsets in the first round of the NCAA Men's Basketball Championship has some people asking, where's the excitement? About the only surprises so far have been Duke's loss to Virginia Commonwealth University and Notre Dame's loss to and Winthrop.
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Congress, White House Clash on Hearing Rules
President Bush says he will make Karl Rove and former counsel Harriet Miers available to testify — but not under oath — about the firing of eight U.S. attorneys. Sen. Patrick Leahy (D-VT) and others on the Judiciary Committee respond that the rules won't bring true accountability to the process.
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Snow: Subpoenas May Lead to Less Cooperation
Congress and the White House ratchet up a confrontation over eight dismissed U.S. attorneys — and how officials will testify in an inquiry of the firings. A House panel has authorized subpoenas. But White House spokesman Tony Snow says that would lead President Bush to withdraw an offer to cooperate.
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Fed Chief Downplays Recession Talk
In a visit to Capitol Hill, Federal Reserve Chairman Ben Bernanke tells lawmakers he does not believe that continued weakness in the housing sector will push the economy into a recession.
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