Washington (CNN) - CNN has learned that New Jersey Governor Chris Christie is on the verge of announcing whether he will seek the 2012 Republican presidential nomination.
In conversations with several sources Monday, it was clear the Governor wants to make his decision this week. One of the sources said Christie spent time this weekend discussing with his wife the pros and cons of a late entry into the race, and this source said look for a decision within the next 48 hours.
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NEW YORK (CNNMoney) - The Standard & Poor's rating agency served the Obama administration with notice Friday afternoon that it planned to downgrade the U.S. government's AAA credit rating, an administration official told CNN.
But S&P has yet to make its ruling public, and the source told CNN the agency is reconsidering after the administration challenged S&P's analysis of the government's finances.
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Washington (CNN) - A U.S. envoy sent by President Barack Obama urged Egyptian President Hosni Mubarak to announce he won't run for re-election later this year, sources told CNN on Tuesday.
The move signaled a major shift in U.S. foreign policy regarding Egypt, the main Arab ally of the United States and a vital partner in the Middle East peace process because of its 1978 treaty with Israel.
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(CNN) – Two of former presidential hopeful John Edwards' top aides testified Thursday to a federal grand jury looking into payments from the North Carolina Democrat's campaign to his one-time mistress.
Jonathan Prince, who was Edwards' campaign manager during his unsuccessful 2008 presidential run, and then-spokesman Jennifer Palmieri were called before the grand jury, two sources familiar with the case said.
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Washington (CNN) - The Obama administration plans to lift the deepwater drilling moratorium that was put in place in the wake of the BP oil spill, two government sources told CNN on Tuesday.
Interior Secretary Ken Salazar and the new head of the government agency overseeing offshore drilling, Michael Bromwich, were scheduled to hold a 1 p.m. news conference on the issue.
The moratorium began after the Gulf oil spill in April, and has drawn criticism from Republicans, Gulf state officials and coastal residents for stopping some oil drilling operations. Salazar has said the moratorium was necessary to ensure a similar accident to the one that caused the Gulf disaster doesn't happen.
(CNN) – Three Democratic sources close to Rahm Emanuel tell CNN that the White House chief of staff informed senior colleagues he is all but certain to run for mayor of Chicago, and will leave the White House to take the final exploratory steps.
Close associates are already building a campaign team according to sources.
An announcement by Emanuel is expected to be scheduled for Friday, sources said.
One of the sources, a prominent Democrat close to the White House chief of staff, told CNN, "We see nothing that will stop a run. But you don't announce a campaign for mayor of Chicago in Washington, D.C. You leave and go home and finish your business there."
Washington (CNN) – President Barack Obama's chief of staff may be departing as early as next month, but Obama's top political adviser says he will be in the West Wing until spring 2011, or so.
In an email exchange Thursday, David Axelrod said he would remain at the White House past the midterm elections and into 2011, with a target departure date sometime in the spring.
Then?
"Take a break. Plunge into re-elect."
Editor's note: Look for regular Trail Running field updates from CNN's anchors, correspondents and producers spread out across the country covering politics on the campaign trail. As always, the CNN Political Ticker is your source for up-to-the-minute political news– now even more so.
11:45 a.m. - District of Columbia mayoral candidate Vincent Gray tells CNN creating jobs in struggling African American neighborhoods is his top priority if he wins.
Gray says what he describes as Mayor Adrian Fenty's "apology tour" seems more a tactic than genuine contrition.
Also, should he win Tuesday's Democratic primary, Gray, the current city council chairman, promises a quick sit down with Schools Chancellor and Fenty ally Michelle Rhee to see if they can agree on her staying on.
Still, Gray stresses school reform is "not about one person." Gray didn't say so, but sources close to him tell CNN top Gray allies already working on Rhee outreach plan with hopes of getting her to stay on should Gray win.
CNN interviewed Gray and Fenty separately as they visited polling stations in the District of Columbia Tuesday morning.
Editor's note: Look for regular Trail Running field updates from CNN's anchors, correspondents and producers spread out across the country covering politics on the campaign trail. As always, the CNN Political Ticker is your source for up-to-the-minute political news– now even more so.
9:30 a.m. – District of Columbia Mayor Adrian Fenty tells CNN he's "peaking at the right time" and predicts a Democratic primary win Tuesday over City Council Chairman Vincent Gray, despite polls suggesting otherwise. Fenty says "tough choices" have improved schools and security in the city but have alienated "special interests' and some voters.
John Kasich is no fan of the Obama economic program, but says perhaps this time the president has an idea worth considering.
The former GOP congressman is running for Ohio governor now, and says he wants to study the proposal President Obama is set to unveil Thursday near Cleveland.
The president is to propose a new research and development tax credit, in an effort to spur hiring. But the GOP congressional leadership has all but ruled out cooperating on any major Obama economic initiatives before Election Day.
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