New York (CNNMoney) – It's been a pretty good week for the Treasury Department's bailout program.
Chrysler repaid a $5.9 billion high-interest loan, and Treasury is lowering its ownership stake in bailed-out insurer AIG through a stock sale that will bring in $8.7 billion.
Tucson, Arizona (CNN) -- Jared Lee Loughner, accused in January's mass shooting in which he allegedly tried to assassinate a congresswoman, isn't competent to stand trial, a federal judge ruled Wednesday.
The judge said he based his decision on a mental evaluation of Loughner.
Washington (CNNMoney) – Bill Clinton had a word of warning on Wednesday for fellow Democrats: Don't get too cocky about voters' rejection of Paul Ryan's Medicare plan.
In a special election for a vacant House seat on Tuesday, a Democrat candidate upset a Republican in a GOP-stronghold in upstate New York.
(CNN)–Mitt Romney's headed to the hometown of the man he'd like to kick out of the White House.
The former Massachusetts governor and all-but-declared 2012 Republican presidential candidate will be in Chicago Thursday to meet with business owners and talk about jobs and the economy.
(CNN) – John Edwards was once a political golden boy - successful senator from the South, telegenic, rich trial lawyer, but a spokesman for the poor, elected to the U.S. Senate in his first run for public office.
2004 Democratic presidential candidate John Kerry picked him as his running mate, calling Edwards "a man who understands and defends the values of America."
London (CNN) – First lady Michelle Obama confessed she didn’t see the presidency in Barack Obama’s future when they first met over 20 years ago.
Mrs. Obama jokingly responded with “absolutely not” when a high school student asked the first lady, “when you first met the president did you think he would go on to do such great things?”
Washington (CNN) – Former House Speaker Newt Gingrich encouraged Congressional Republicans Wednesday to fight for the Republican Medicare proposal, despite his past criticism of the plan and the Republican loss in Tuesday's New York special election that became a referendum on the proposal.
"Saving Medicare so it is affordable with no government rationing of healthcare for seniors is the new GOP litmus test," Gingrich wrote in a letter to House and Senate Republicans. "Republicans are working to preserve a doctor-patient relationship and access to care for all seniors."
London (CNN) – American and British leadership of the world remains "essential to the cause of human dignity," President Barack Obama said Wednesday, making a sweeping case for values including freedom and the free market in a speech to a joint session of the British Parliament.
"We must act, and lead, with confidence in our ideals, and an abiding faith in the character of our people," Obama said, even while adding they will "proceed with humility, and the knowledge that we cannot dictate outcomes abroad."
Washington (CNN) – Has the Republican Medicare plan undermined the GOP's 2012 election hopes?
Republicans say no. They hope voters will reward them for taking on a tough issue. But Democrats say yes, and now they're pointing to the surprising results of a special election in western New York to back their claim.
(CNN) – Nearly six in ten Floridians are giving a thumbs down to the job their new governor is doing, according to a new poll.
A Quinnipiac University survey released Wednesday indicates that 57 percent of Florida voters disapprove of how Republican Gov. Rick Scott is handling his duties, up nine points from early April. Twenty-nine percent of people questioned in the poll say they approve of how Scott's performing in office, down six points over the past month.