Tuesday, November 10, 2009

McClatchy News | DC Bureau - Evening November 10, 2009

  • Senate Banking Committee Chairman Christopher Dodd, D-Conn., unveiled a sweeping 1,136-page bill Tuesday that, in enacted, would bring about the most comprehensive overhaul of financial regulation since the Great Depression. What upset bankers most was his call to strip the Federal Reserve and the Federal Deposit Insurance Corp. of their bank supervisory powers in favor of a new Financial Institutions Regulatory Administration. Dodd said that would stop banks for shopping for the regulator of least supervision. ;

  • Hundreds of residents who were evacuated from the Armed Forces Retirement Home in Gulfport, Miss., after Hurricane Katrina destroyed it are looking at their last Veteran's Day in Washington. For almost all of them, it couldn't come too soon. With 10 months to go before the rebuilt facility reopens on the Mississippi Coast, the veterans talk of little else but getting back to Gulfport.

  • An American Muslim who was captured while fleeing Somalia in 2007 accused two FBI agents and two other U.S. officials Tuesday of illegally interrogating him and threatening torture while he was allegedly held at U.S. behest in Kenyan and Ethiopian jails.

  • Senate Democrats, struggling to reach agreement on how to overhaul the country's health care system, got some practical political advice Tuesday from former President Bill Clinton, whose own effort collapsed 15 years ago.

  • Love her or hate her, House Speaker Nancy Pelosi is at the peak of her political power, and she seems to be reveling in the high drama of the moment.

  • Obama administration officials breathed a collective sigh of relief Sunday when Iraq's parliament, after weeks of delays, approved a law to hold national elections in January, very likely permitting a major post-election withdrawal of U.S. combat forces from Iraq.

  • Police say Richard Heger, 67, broke into a local tow shop's storage lot to reclaim his 1967 pickup, stole a tow truck to tow it away, did $7,000 damage to the tow company's gate and more damage to a restaurant's sign when the truck broke loose, then lied about his identity to police and spun stories involving President Barack Obama and the CIA.

  • The term "sanctuary city" is used as shorthand to describe any city that doesn't allow city staff or police to ask people about their status or report them to immigration authorities - with exceptions for suspected criminal activity and when state and federal law requires it.

  • Sharon Cook is either a hero or a villain. She is either due your thanks for doing everything in her power to protect children from obscenity or she is due your disdain for wantonly taking away the constitutional rights of the patrons of one Kentucky county library.

  • Goldman Sachs' response to McClatchy's investigative series "Goldman Sachs: Low Road to High Profits."

  • Garland "Andy" Barr, 36, a former aide to Gov. Ernie Fletcher, became the first Republican to formally announce his candidacy for the seat held by U.S. Rep. Ben Chandler, D-Ky.

  • Former Kentucky GOP state Rep. Steve Nunn has been indicted on charges that he killed his former fiancee, Amanda Ross, and violated a domestic violence protection order she had received against him. Ross was found shot early on Sept. 11 in front of her town house in Lexington and died later that morning.