Surprise trading losses at the nation’s largest and most respected bank reignited a long-simmering clash between Washington and Wall Street on Friday, as lawmakers blasted banks’ efforts to fight regulations passed into law after the financial crisis.
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President Obama’s endorsement of same-sex marriage is energizing Christian conservative support for Mitt Romney in a way that the likely GOP nominee has so far not been able to do on his own, according to religious leaders and activists.
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Debate has broken out over the nearly $4 billion in increased defense spending that the Republican-led House Armed Services Committee added to the Obama administration request in the fiscal 2013 defense authorization bill, pitting the panel’s chairman, Rep. Howard P. “Buck” McKeon (R-Calif.), against Defense Secretary Leon E. Panetta.
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RENO, Nev. — President Obama rolled into a modest hilltop neighborhood here to champion his efforts to help underwater homeowners get back on their feet — and to urge Congress to do more.
Standing outside the house of Val and Paul Keller, who have watched the value of their home plummet well below the amount they owe on their mortgage, Obama announced a dramatic spike in the number of Americans, including the Kellers, who are taking advantage of federal programs that let them refinance their loans.
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The Pentagon is expanding and making permanent a trial program that teams the government with Internet service providers to protect defense firms’ computer networks against data theft by foreign adversaries.
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