As the furor continues over millions of dollars in employee bonuses at the failed insurance giant AIG, lawmakers and administration officials in Washington are weighing their options to either block the payments or penalize the company.

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In other news, Wall Street fell short of extending an upswing for a fifth day and Pakistan moved to reinstate a top judge to curb a growing political protest.

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Columnists Mark Shields and Michael Gerson weigh the news of the week, including President Barack Obama's approach on the economy, his decision to lift restrictions on stem cell research funding, and more.

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In other news, OPEC is expected to decide to cut oil production at its upcoming European meeting Sunday and closing arguments began in the trial on the Minnesota Senate vote recount.

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Wall Street marked its best run since November this week as President Obama worked to boost confidence in recovery moves. The Wall Street Journal's David Wessel offers insight.

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U.S. stock markets added gains Friday after a mixed trading day, continuing their rare four-day rally and ending their best week since November.

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First lady Michelle Obama is settling into her new role as she tours federal agencies, participates in community projects and highlights issues like bolstering support for military families. Analysts discuss her role and the public reaction.

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President Barack Obama called for big changes in education earlier this week. John Merrow profiles Secretary of Education Arne Duncan, who will be heading up the president's calls for reform and who may bring new strategies to the education policy…

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In other news, the Dow Jones industrial average gained 200 points as President Obama discussed his budget plans, and General Motors said it won't need an additional $2 billion in federal loans this month.

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President Obama signed a $410 billion spending bill Wednesday, despite the fact that the bill contains the kind of earmarks he decried on the campaign trail. Congress watcher Norman Ornstein examines the issue.

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