

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.
WASHINGTON/POLITICAL
For the latest political news: www.CNNPolitics.com
CNN: Ethics panel charges Rangel with conduct discrediting the House
The House ethics committee on Thursday accused veteran Rep. Charles Rangel of 13 violations of House rules involving alleged financial wrongdoing and harming the credibility of Congress. The charges accused the 20-term Democrat from New York of using his influence to solicit donations for a college policy center in his name from corporate heads and others with business before the powerful House Ways and Means Committee that Rangel chaired until forced to give up the leadership position earlier this year. Other charges involve alleged income tax and financial disclosure violations, as well as improper use of government mail service and letterhead.

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.
WASHINGTON/POLITICAL
For the latest political news: www.CNNPolitics.com
CNN: How Rangel's ethics hearing could play out
Longtime Democratic Rep. Charles Rangel of New York will be the subject of the House ethics committee's first corruption trial in almost a decade unless his attorneys reach an agreement to settle his charges. The House ethics committee on Thursday will make public a report of Rangel's alleged violations. After a nearly two-year investigation of Rangel, the committee's report could bring a trial by a panel subcommittee in September.

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.
WASHINGTON/POLITICAL
For the latest political news: www.CNNPolitics.com
CNN: House passes war funding bill
The House of Representatives on Tuesday gave final approval to a nearly $59 billion emergency spending bill, the bulk of which would go toward the U.S. troop buildup in Afghanistan. Specifically, the bill includes almost $33 billion for Afghanistan, along with over $5 billion for the Federal Emergency Management Agency, almost $3 billion for Haiti relief programs and $68 million for the oil disaster response in the Gulf of Mexico. It now goes to the president for his signature.

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.
WASHINGTON/POLITICAL
For the latest political news: www.CNNPolitics.com
CNN: Obama blasts GOP opposition to campaign finance bill
President Barack Obama on Monday criticized Republican opposition to a Senate campaign finance bill, calling it partisan gamesmanship that threatens to give special interests undue influence on U.S. elections. The Senate is expected to hold a procedural vote Tuesday on whether to end debate on the bill, and Democrats fear a unified Republican filibuster will prevent the measure from moving to a final vote.

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.
WASHINGTON/POLITICAL
For the latest political news: www.CNNPolitics.com
CNN: Geithner pushes plan to let tax cuts for wealthy expire
The Obama administration will push for letting tax cuts for wealthy Americans expire while extending them for the rest of the nation, Treasury Secretary Tim Geithner said. In interviews broadcast Sunday on ABC and NBC, Geithner called for a balanced approach as the economy recovers from the recession that started in 2008 while facing mounting federal debt. That means pushing for measures designed to raise revenue, such as letting tax breaks from the Bush administration expire for families earning more than $250,000 a year while holding down spending and taking steps to encourage private sector job creation, Geithner said.

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.
WASHINGTON/POLITICAL
For the latest political news: www.CNNPolitics.com
CNN: Senate OKs more funding for wars, sends package back to House
The Senate passed an emergency supplemental spending bill to fund the wars in Afghanistan and Iraq, setting aside a House package that includes additional social spending. The Senate action late Thursday sends the package back to the House for its consideration. "The provisions included in the bill by the Senate are critical for protecting Americans at home and abroad," said Daniel Inouye, D-Hawaii, Senate appropriations committee chairman.

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.
WASHINGTON/POLITICAL
For the latest political news: www.CNNPolitics.com
CNN: Political rhetoric shows November election campaign is in full swing
If anyone doubted whether campaigning had started for the mid-term congressional elections in November, the answer became clear on Sunday. Democratic and Republican politicians rolled out their main campaign themes on morning talk shows less than four months before voters will decide races for all 435 House seats and at least 36 of the 100 Senate posts.

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.
WASHINGTON/POLITICAL
For the latest political news: www.CNNPolitics.com
CNNMoney: Wall Street reform: On to Obama
The Senate on Thursday afternoon passed the most sweeping set of changes to the financial regulatory system since the 1930s, sending the Wall Street reform bill to President Obama. The Senate voted 60 to 39 to pass the reforms, ending more than a year-long effort to pass legislation in response to the 2008 financial crisis. Obama is expected to sign the bill into law next week. The bill aims to strengthen consumer protection, rein in complex financial products and head off more bank bailouts.

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.
WASHINGTON/POLITICAL
For the latest political news: www.CNNPolitics.com
CNN: House Democrats still fuming over Gibbs comments
House Democratic leaders met with President Barack Obama on Wednesday night to discuss legislative priorities in the run-up to the November mid-term election, but one topic was bypassed - the weekend assessment by White House Press Secretary Robert Gibbs that Republicans could win back the chamber. Aides to the House Democratic leaders told CNN that the meeting with Obama was productive and focused mostly on economic issues and policy. One leadership aide said Obama declared the Democrats would retain control of the House in November, but there was no mention in the meeting of the remark by Gibbs.

The CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world.
WASHINGTON/POLITICAL
For the latest political news: www.CNNPolitics.com
CNNMoney: Wall Street reform and the price of milk
Congress is expected to finally pass the massive Wall Street reform bill later this week. And the lobbyists have already moved on to their next line of attack: The regulators who will issue the hundreds of new rules called for in the legislation. Regulators will have lots of leeway. They will decide everything from when a risky financial firm should be taken over to how to crack down on debit card swipe fees. And some of those decisions could directly affect consumers' wallets.


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