Senators push bill to scrap mortgage firms and backstop
A bipartisan group of senators introduced a bill to abolish Fannie Mae and Freddie Mac and replace them with a government reinsurer of mortgage securities. The plan would liquidate the two firms within five years and activate government reinsurance only after private creditors absorb large losses. Analysts see it as a first step in a long congressional fight.
MENTIONED IN THIS ARTICLE
Washington
Fannie Mae
Freddie Mac
Tennessee
Bob Corker
Virginia
Mark Warner
Congress
Senate
House of Representatives
Qatar's Emir Abdicates Power to Crown Prince Tamim
Qatar's emir Sheikh Hamad bin Khalifa al Thani transfers authority to his son Crown Prince Sheikh Tamim in a rare hereditary abdication. The Gulf state, a top LNG exporter and media power via Al Jazeera, seeks a smooth succession amid global diplomacy.
MENTIONED IN THIS ARTICLE
Doha
Hamad bin Khalifa al-Thani
Sheikh Tamim
U.S
Middle East
al Jazeera
Qatar
NIH study shows half of teens meet activity goal
NIH researchers surveyed 10 000 students ages 11 to 16 across 39 states finding only 50 percent exercise five or more days weekly and about one third eat fruits and vegetables daily. The report notes about one in four youths follow a healthiest pattern.
MENTIONED IN THIS ARTICLE
Washington
National Institutes of Health
U.S
Ronald Iannotti
Eunice Kennedy Shriver National Institute of Child Health and Human Development
NIH
Obama Outlines Broad Plan To Curb Carbon Emissions
President Obama pledges federal action to limit carbon dioxide from coal and gas plants by 2015 and to approve the Keystone XL pipeline only if it does not significantly worsen the climate problem. He says climate considerations will guide federal operations and defense overseas.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
Obama
Bridge Heights
Congress
Georgetown University
Flat Earth Society
Environmental Protection Agency
Canada
Gulf of Mexico
State Department
Supreme Court rules against government land use coercion
The Supreme Court in a 5-4 decision limits how public agencies can demand property or funds for land use permits. Justice Alito states extortionate permit conditions violate the Fifth Amendment. The ruling favors Coy Koontz Jr., whose Florida property dispute began when the St Johns River Water Management District sought a conservation easement and mitigation in exchange for a permit.
MENTIONED IN THIS ARTICLE
Washington
Florida
Supreme Court
Samuel Alito
Coy Koontz Jr
Raleigh, N.C
Coy Koontz Sr
Koontz
Orange County
St. Johns River
Alito
Pacific Legal Foundation
Elena Kagan
IRS probe centers on deputy seen aiding $500 million IRS contracts
A congressional staff report alleges IRS deputy director Greg Roseman influenced the selection of Strong Castle Inc to win more than 500 million in IRS contracts in 2012. It cites frequent calls and texts with Braulio Castillo and questions the firm’s office location and small business eligibility.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
Congressional
Greg Roseman
IRS
Braulio Castillo
Strong Castle Inc
Committee On Oversight and Government Reform
Darrell Issa
Calif
Strong Castle
Castillo
Caren Auchman
Fleishman-Hillard
Chinatown
Virginia
Also Mentioned on This Page
Kerry
U.S. Senate
Boston
Edward Markey
Massachusetts
John Kerry
Markey
United States Senate
NECN
Gabriel Gomez
Navy
American Electric Power
Nick Akins
Mary Landrieu
D-La
Reuters
Russia
Abu al-Taib
Ahbab Al-Mustafa Battalion
Seif el Dawia
Aleppo
Syria
United States
U.S. Supreme Court
Court
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