Weekly Address: Health Reform Starts to Kick In
US Sen. Bob Bennett ousted at Utah GOP convention
— SALT LAKE CITY — Republican U.S. Sen. Bob Bennett of Utah has lost his bid to serve a fourth term after failing to advance past the GOP state convention. — Attorney Mike Lee and businessman Tim Bridgewater are the remaining Republican candidates after Saturday's vote.
Shelby: GOP Will Demand That Financial Reform Include Fannie And Freddie
In this weekend's Republican YouTube, Sen. Richard Shelby (R-AL) said Republicans will demand
that financial reform include overhauls of Fannie Mae and Freddie Mac.
"For years, Democrats blocked meaningful reform of Fannie and Freddie, and not much has changed. Their legislation to reform the financial system touches nearly every corner of the economy, but these major contributors to the crisis are left unscathed," said Shelby. "A recent Wall Street Journal editorial observed, 'Reforming the financial system without fixing Fannie and Freddie is like declaring a war on terror and ignoring al Qaeda.' Well said. In the days to come, Republicans will be demanding that financial reform include Fannie and Freddie."
Four more banks fail; toll for year to date is 68
- Regulators closed four banks Friday in four different states. The biggest bank to fail was 1st Pacific Bank of California, which was the subject of a De...
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