Obama unveils mortgage overhaul plan in Phoenix
President Obama proposes winding down Fannie Mae and Freddie Mac and shifting risk to the private sector while the government remains a backstop. He argues reforms are needed to prevent a renewed housing bubble as Phoenix shows a 66 percent price rebound from 2011 lows and lawmakers eye a five year wind down.
MENTIONED IN THIS ARTICLE
Phoenix
Barack Obama
Fannie Mae
Freddie Mac
Obama
Senate
Fannie
Freddie
Bob Corker
Tennessee
Mark Warner
Virginia
GOP splits widen over immigration, abortion, and government shutdown
After Romney's 2012 defeat some Republicans push tougher abortion limits and resist a broad immigration bill while others press to shut the government to undermine Obamacare. A party-sanctioned study urged reform to win Hispanic voters, but House conservatives oppose amnesty. Ted Cruz argues for a temporary shutdown, while many senior Republicans fear political suicide and loss of power.
MENTIONED IN THIS ARTICLE
Washington
Mitt Romney
U.S. House
House
Romney
Barack Obama
Senate
Cruz
Brad Woodhouse
U S Evacuates Yemen Embassy Amid Al Qaida Threat
The United States evacuated non essential government personnel from Yemen amid a high threat of terrorist attacks. The State Department warned U S citizens to leave Yemen immediately as 19 diplomatic posts in the region remained closed. United Kingdom officials also evacuated embassy staff and closed the embassy until Eid.
MENTIONED IN THIS ARTICLE
Washington
U.S
Yemen
al-Qaida
Middle East
Africa
State Department
Sanaa
Saleh Jouti
U.S. State Department
Ramstein
Germany
Britain
Foreign Office
U.K
Mideast
Associated Press
Ayman al-Zawahri
Nasser al-Wahishi
Arabian Peninsula
Bangladesh
North Africa
East Africa
Madagascar
Burundi
Rwanda
Mauritius
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THE
California
Jay Leno
Matt York
Post-Romney
GOP
Congress
Bill Clinton
Ted Cruz
Texas
Dyatekk
Dillard's
Dillard
Dilla
A & Girls
Polos
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