Jul 16 BP Continues to Monitor Cap; Encouraged by Early Results By Tom LeGro Updated 5:33 p.m. ET The results of pressure tests on the shut-in oil well have not been ideal over the past 24 hours, Coast Guard Admiral Thad Allen said Friday afternoon -- but the well will remain closed… Continue reading
Jul 16 Watch Shields and Brooks on Troubles Facing Democrats Ahead of Election Columnists Mark Shields and David Brooks sort through the top political stories of the week, including the challenges facing congressional Democrats this election year -- from infighting to the prospects of unemployment remaining high. Continue watching
Jul 16 Watch Election-Year Infighting Arises Between White House, Congressional Democrats Comments by White House Press Secretary Robert Gibbs about congressional Democrats' stakes in the midterm elections exposed some intraparty rifts this week. Kwame Holman reports on the Democratic tension as the fall elections draw closer. Continue watching
Jul 15 Judge Hears First Major Challenge to Arizona Immigration Law A federal judge in Phoenix heard arguments Thursday in the first of seven lawsuits filed against the state's controversial new immigration law. U.S. District Judge Susan Bolton questioned both sides sharply, but gave no indication of how… Continue reading
Jul 15 Obama Praises Financial Reform, Calls Oil Stoppage a 'Positive Sign' By News Desk President Obama spoke to reporters this afternoon, praising the Senate's passage of a financial reform bill and offering brief comments on BP's test of a cap over its broken wellhead, which has temporarily stopped the flow of oil. Continue reading
Jul 15 Goldman Sachs, SEC Reach $550 Million Settlement The Securities and Exchange Commission has reached a $550 million settlement with Goldman Sachs in its case accusing the company of misleading investors in mortgage-backed securities, the agency said in a statement. "This record-setting settlement… Continue reading
Jul 15 Senate Passes Financial Reform Overhaul Updated 2:57p.m. ET The Senate gave final approval to a financial reform bill Thursday, voting 60-39 to send the measure to President Obama for his signature. Posted 1:05p.m. ET The Senate cleared a sweeping financial reform bill for final… Continue reading
Jul 15 Pelosi Calls Gibbs Comment on House Dems 'Unfortunate' By Quinn Bowman _pap_embed_custom('news01s4181qf06',482,304,""); House Speaker Nancy Pelosi worked Thursday to dispel the notion that she is furious with the White House for not helping House Democrats politically after those members cast tough votes to enact President Obama's agenda. A reporter asked… Continue reading
Jul 15 Thursday: Vote on Financial Reform Nears; BP Set to Proceed on Cap Test The U.S. Senate is planning a final vote Thursday on a sweeping overhaul of financial regulations. At least three Republicans, 55 Democrats and two independents are expected to support the bill, providing the 60 votes needed to overcome… Continue reading