Romney said Wednesday he will change some of his investments.
ATLANTA (CNN) - Republican presidential candidate Mitt Romney said his investments will change after the Boston Herald reported they included a stake in two companies which conduct embryonic stem cell research.
“My investments have been held in a blind trust, which means I have not directed where they invest nor do I know where they invest,” said the former Massachusetts governor during a swing through Atlanta on Wednesday. “The trustee of the blind trust has said publicly that he will endeavor to make my investments conform with my positions, and I am confident that he will.”
The newspaper reported that among Romney’s vast investments include holdings in Novo Nordisk and Millipore Corp., biomedical firms which use human embryos for disease research.
Romney, who opposes abortion and embryonic stem cell research, is said to be worth at much as $250 million according to a federal financial holdings disclosure recently made public.
WASHINGTON (CNN) – Rep Deborah Pryce, the eight-term Republican from one of Ohio's most closely divided districts, is set to announce she's retiring her seat, reports the Rothenberg Political Report.
Pryce's congressional office would not comment on the congresswoman's future, but noted she is holding a press conference Thursday at 11 a.m. ET to discus her plans.
Pryce, who won her most recent election by slightly more than 1,000 votes, was expected to face an equally tough reelection fight in 2008.
Fellow long-time GOP Reps. Dennis Hastert and Ray LaHood, both of Illinois, have also announced their intentions to leave the chamber.
– CNN Ticker Producer Alexander Mooney
Obama campaigned in New Hampshire Wednesday.
(CNN) - Sweeping reforms to increase both government accountability and transparency would be hallmarks of a Barack Obama administration, the Illinois senator pledged Wednesday.
“More and more, the real business of our democracy isn’t done in town halls or public meetings or even in the open halls of Congress,” the Democratic candidate said at a campaign event in Cedar Rapids, Iowa. “Decisions are made in closed-door meetings, or with the silent stroke of the President’s pen, or because some lobbyist got some Congressman to slip his pet project into a bill during the dead of night.”
“We have to take the blinders off the White House,” Obama said. “The more people know about what’s going on in Washington, and how their tax dollars are being spent, and who’s raising money for who, the less likely it is that major decisions will be hijacked by lobbyists and special interests.”
As president, Obama vowed to post all bills brought to his desk online five days before they are signed. He also said every meeting between lobbyists and government agencies would be posted online as well.
Obama has made his lack of campaign donations from registered lobbyists a centerpiece of his campaign. He has taken aim at Sen. Hillary Clinton, D-New York, several times on the campaign trail for doing so.
Obama was also scheduled to address the AFL-CIO convention in Waterloo, Iowa later in the day.
– CNN Political Desk Editor Jamie Crawford
The White House responded to Clinton's first campaign ad Tuesday.
WASHINGTON (CNN) – President Bush has repeatedly said he won't weigh in on the presidential race yet, but that didn't stop a White House spokesperson from calling Democratic presidential hopeful Hillary Clinton's first campaign ad "outrageous."
The ad, which started running in Iowa Tuesday, shows Clinton at a recent campaign rally saying, "If you're a family that is struggling and you don't have health care, you are invisible to this president. If you're a single mom trying to find affordable child care so you can go to work, you're invisible too."
She is also seen saying the president treats the troops in "Iraq and Afghanistan as though they were invisible as well."
White House spokeswoman Dana Perino sharply fired back to the Clinton's allegations Tuesday in a press conference, saying "This is a president who, first and foremost, has helped millions of seniors across the country have access to prescription drugs at a much lower cost." (Related video: The politics of healthcare)
"As to whether or not our troops are invisible to this president, I think that is absurd and that it is unconscionable that a member of Congress would say such a thing," Perino added.
The Clinton campaign seemed delighted the White House highlighted the ad, immediately flagging Perino's comments on its Web site with the headline, "White House Attacks Hillary's New Ad."
Clinton herself shot back at the Perino's comments while campaigning in Dubuque, Iowa Tuesday, according to the Associated Press.
"Apparently I've struck a nerve, the White House just attacked me a few minutes ago," she said. "Not only have I said it and am saying it, I will keep saying it because I happen to believe it."
WASHINGTON (CNN) – The District of Columbia has threatened to levy a $10,000 fine against an anti-war group for plastering signs around the city but organizers argue the yellow and black posters conform to city regulations and the fines are politically motivated.
The posters promote a march planned by Answer Coalition - Act Now to Stop War and End Racism - for Sept. 15th to coincide with the release of Lt. Gen. David Patraeus' Iraq status report to President Bush.
The group is coming up against some sticky disapproval from city officials who say the signs use an illegal adhesive and are plastered in illegal areas.
"This is not an issue of content," said Linda Grant, D.C. Public Works public information officer. "This is about trying to reach a balance of allowing people to use the lampposts versus keeping the city neat." She say the problem isn't the signs, but its the stress required to remove the signs.
But the group hanging the posters said they used water soluble paste to put the posters on lamp posts, polls and traffic boxes.
Edwards is moving some staff members out of Nevada.
WASHINGTON (CNN) – It's the first western state to weigh in on the 2008 Democratic candidates, but White House hopeful John Edwards is transferring a "handful" of his Nevada staff to Iowa, New Hampshire and South Carolina, the campaign said Wednesday.
Jonathan Prince, Edwards' deputy campaign manager, said the move is not a consequence of strained resources or a sign that the former North Carolina senator is less committed to winning the Nevada caucuses.
"As the calendar fluctuates, with Iowa and New Hampshire moving up significantly, we need to accelerate hiring there to hit our organizing targets, so we’re shifting some trained staffers there, but we are as committed as ever to winning Nevada," said Prince in an e-mail to CNN.
Prince also added that the campaign’s goal of raising $40 million this year - enough, according to Edwards’ staffers, to compete in the early voting states - remains "unchanged."
In hopes of increasing their influence in the 2008 nomination contest, Nevada Democrats last year moved up their primary to January 19. At the time of the move, that date was assumed to be ahead of New Hampshire's primary.
But after the South Carolina GOP announced last week that it was also shifting its primary to January 19, officials from both Iowa and New Hampshire announced that they will move their states’ contests to an even earlier date in the month.
The American people give failing marks to both Bush and Congress.
WASHINGTON (CNN) – The American people seem to be in a bad mood when it comes to evaluating President Bush and the Democratically-controlled Congress, a new CNN/Opinion Research Corporation poll indicates.
According to the poll, 57 percent of Americans deem Bush's presidency a "failure," while 55 percent say the same for the Democratic Congress. Meanwhile, 40 percent call Bush's presidency a success, while only 37 percent give that mark to Congress. (Full poll results [PDF])
It’s not all bad news for Democrats. By a 48 to 35 percent margin, Americans say they have more confidence in the Democrats than in Bush to deal with the major issues facing the country today. Confidence in the Democrats has, however, dropped six points since a similar poll in November. (Watch CNN's Bill Schneider analyze the lastest poll numbers)
“The public clearly doesn't like what it sees coming out of Washington these days,” explains CNN Polling Director Keating Holland. “Most Americans think the Bush presidency is a failure; most say the Democratic Congress has been a failure this year as well.”
“But politics is a zero-sum game,” notes Holland. “Voters wind up having to choose one side or the other. The good news for the Democrats is that Americans still have more confidence in them than in Bush. The bad news: the number who have more confidence in the Democrats has dropped since last year, and is now under 50 percent.”
The poll, conducted August 6-8, includes interviews of 1,029 Americans and carries a margin of error of plus or minus 4.5 percent.
Watch the latest edition of Strategy Session.
WASHINGTON (CNN) - In the latest edition of Strategy Session, Democratic strategist Donna Brazile and Terry Jeffrey, editor of Human Events, discuss Romney and Giuliani's immigration spat and the role of the presidential candidates' wives.
Richardson has two new ads out Wednesday.
WASHINGTON (CNN) – New Mexico Governor and Democratic presidential hopeful Bill Richardson launched two new TV ads in Iowa on Tuesday.
In one ad, called “Focused,” Richardson touts his economic record in New Mexico, highlighting the passage of tax credits and the creation of tens of thousands of new jobs.
The other ad is the fourth in Richardson’s light-hearted “Job Interview” series. In the latest installment, four corporate managers sit around a conference room table considering resumes. “Alright, a lot of candidates here,” says the leader of the meeting. “Any of them actually been a boss or a governor or something?”
Two other managers then chime in and say that none of the resumes fit the bill. The lead manager then asks if any of the candidates have ever created any jobs. At this point, the managers begin to focus on Richardson’s resume just as the governor himself walks past the conference room and waves at the group like an eager applicant.
Richardson is set to lay out his plan on jobs and the economy during a speech in Cedar Rapids, Iowa on Thursday.
– CNN Associate Producer Martina Stewart
Watch CNN's Zain Verjee report Secretary Rice tops a new power ranking.
WASHINGTON (CNN) - CNN's Zain Verjee reports Secretary of State Condoleezza Rice is flying high after topping a new ranking of Washington's most powerful figures.