The battle between the Obama administration and the House Oversight and Government over the Fast and Furious operation just ratcheted up another notch. There's word that the White House is exerting executive privilege over documents that the committee's Republican majority has subpoenaed.
New Democracy party leader Antonis Samaras has been sworn in as Greek prime minister, correspondent Joanna Kakissis and Sky News report.
As Joanna reported earlier for our Newscast Desk, Samaras' conservative New Democracy party came in first during Sunday national elections, but didn't get enough support to govern on its own. So it will share power with the Socialist PASOK and a small pro-European party — The Democratic Left.
We don't do too many traffic reports, but this news has the potential to be both fascinating and frustrating — depending on whether you're watching from afar or stuck inside a gridlocked car:
The Chesapeake Bay Bridge that carries U.S. Route 50 traffic back-and-forth between Washington, D.C., and mid-Atlantic beaches will be closed for about 40 minutes today, starting around 1:15 p.m. ET, so that a cargo ship carrying four huge cranes can pass (safely, we hope) beneath the span.
Good morning. I'm Linda Wertheimer. Faster than a speeding bullet, more powerful than a locomotive and not born in Ohio. The idea of Superman was conceived in Glenville, Ohio back in the 1930s, but when a proposed Superman-themed license plate called Ohio birthplace of Superman, DC Comics and Warner Communications objected. Superman, they point out, was born on the planet Krypton. It's MORNING EDITION.
The defense rested its case just before noon ET today and closing arguments will begin Thursday in the trial of former Penn State assistant football coach Jerry Sandusky on charges of sexually abusing young boys, according to reporters from The Associated Press, NPR and other news outlets.
Sandusky did not take the stand in his own defense.
Our Original Post: If Sandusky Is Going To Testify, Today's The Likely Day
NPR's business news starts with the Fed in the spotlight.
U.S. stocks rallied yesterday largely on a belief among investors that the Federal Reserve will take further action to stimulate the economy. The Fed concludes a two-day meeting around noon today. Afterwards, Chairman Ben Bernanke will hold a news conference to explain the Fed's strategy.
As NPR's John Ydstie reports, there are several things the Fed could do to try to boost growth, but whether they'd be effective is debatable.
The Federal Reserve — the nation's central bank — will end its two-day meeting on Wednesday by offering its assessment of the economy, and then declaring its latest plan for making things better.
Investors all over the world will be waiting to hear just how weak — or not — the Fed thinks the U.S. economy is. And they will be watching to see whether the bankers plan to continue trying to stimulate growth by extending two controversial programs, one known as Operation Twist, and the other as quantitative easing.