Obama Eyes Second Term Inaugural Address Tone
President Obama moves to shape a hopeful second term inaugural speech after taking the oath Sunday at the White House and Monday at the Capitol. He consults historians, studies Lincoln and King, and aims for unity while signaling policy priorities for immigration, gun control, Afghanistan, and fiscal steadiness.
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Afghanistan
Capitol Hill
Obama backers target states to outflank NRA on gun control
Gun-control activists plan a methodical, state by state push to persuade lawmakers to back Obama's proposals expanding background checks and restricting firearms. They aim to counter the NRA as polls show broad support for new limits after the Connecticut shootings, with emphasis on hesitant senators Pryor Begich and Baucus and select Republicans. The effort mirrors 1994 Democrats' losses tied to Clinton's crime bill and assault-weapons ban.
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Mark Kirk
Illinois
Susan Collins
Maine
Fed underestimated crisis in 2007 transcripts reveal
Transcripts from 2007 meetings show Federal Reserve officials underestimated the crisis scope and its threat to the economy. Despite easing credit steps from September, housing slumps and subprime losses worsened, culminating in a December downturn and a recession lasting into mid-2009.
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