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...begins in January. Yet there are high-stakes issues that can't wait. This week Congress will try to approve a bridge loan for the auto industry and a stimulus package that includes unemployment benefits, Medicaid help for the states and some assistance for small businesses. House Banking Committee chairman Barney Frank will call on Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson for a roasting on how the $700 billion bailout - passed at the height of the crisis - has been spent...
...previous willingness to do big, expensive interventions. The Treasury Department declined to comment, but the senior official dismissed the talk of White House-Treasury battles as "stupid." Paulson may get grilled on the fight over the FDIC mortgage plan during his appearance before the House Banking Committee and chairman Frank...
...Obama would most likely try to fit in while sticking to the values of his birthplace. Hawaii state senator Clayton Hee, an early Obama supporter, is hardly surprised that Obama doesn't go around telling people on the mainland about his roots. Says Hee, a Democrat and the former chairman of the state office of Hawaiian affairs: "When you look at Barack Obama, Illinois may be his home, but he belongs to Hawaii...
Almost immediately after Barack Obama's election-night victory, Kohono Mossman's voice mail began filling up with requests for tickets. Born and raised on Maui and now a Pentagon consultant, Mossman, 26, suddenly finds himself in charge of the hottest ticket in town as chairman of the Hawaii Inaugural ball, put on by the 400-member Hawaii State Society of Washington, D.C. He sold out the 900 tickets (at $200 each) three days after Obama's victory. It is the very first Inaugural ball thrown by the state, which proudly holds the title of the place where Obama...
...documents, obtained by TIME, include internal prosecution e-mails given to the Justice Department and Congress by a whistle-blower during the past 18 months. John Conyers, chairman of the House Judiciary Committee, which investigated the Siegelman case as part of a broader inquiry into alleged political interference in the hiring and firing of U.S. Attorneys by the Bush Justice Department, last week sent an eight-page letter to Attorney General Michael Mukasey citing the new material...