Originally published on Thu December 8, 2011 11:16 am
A vote to move forward on the nomination of former Ohio Attorney General Richard Cordray to run the new federal consumer protection agency fell seven votes short in the Senate this morning. Republicans banded together to make sure there weren't the 60 votes needed to invoke cloture and move on to a vote on the nomination itself.
A new poll released Wednesday by Time magazine and CNN finds Newt Gingrich staying ahead of Mitt Romney in three out of the four states with January primaries or caucuses.
Gingrich's lead in the key primary states has sparked private discussions among President Obama's advisers about the former House speaker's "realistic chance" of winning the Republican presidential nomination, CBS News reported.
Originally published on Thu December 8, 2011 7:26 am
It's a widely expected move, but still noteworthy:
"The European Central Bank cut interest rates by a quarter of a point on Thursday to counter the twin threats of recession and deflation in the euro zone, and is expected to unveil fresh measures to help banks hurt by the bloc's debt crisis," Reuters reports.
Originally published on Thu December 8, 2011 12:11 pm
Former New Jersey senator and governor Jon Corzine, who led MF Global as it spectacularly collapsed in a bankruptcy that has left $1.2 billion in client money missing, is due at a House Agriculture Committee hearing this morning to face questions about what happened.