Obama keeps Dean as DNC chair and bans lobbyist money
Barack Obama retains Howard Dean as Democratic National Committee chair and orders the party to stop accepting donations from lobbyists and political action committees. Campaign adviser Paul Tewes is to help lead the overhaul with a focus on building a strong general election operation.
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Foreclosures Hit Record High in Early Year
Foreclosures and late payments reached record highs in the January to March period, signaling worsening housing distress. About 447,723 loans entered foreclosure, surpassing the prior quarter, with homeowner equity at a postwar low and rising defaults dragging on the economy.
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Historic Pentagon shake-up fires top Air Force leaders
Defense Secretary Gates ousted Air Force Chief of Staff Moseley and Air Force Secretary Wynne after a damning internal report tied a Taiwan weapon misshipment and a B 52 nuclear mis arming to a long decline in Air Force nuclear discipline. A task force led by James Schlesinger will study high level accountability and control.
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