The U.S. Senate passed a bill Thursday by a wide margin that would ban insider training by members of Congress and their staffs. Now it's on to the House, where Majority Leader Eric Cantor (R-Va.) has said it will go to the floor next week.
Republican strategists say it's not clear yet whether the primary battle will help or hurt Mitt Romney if he becomes the nominee. He emerged from his win in Florida with both his strengths and his weaknesses on display. Plus, some Republicans worry that the race's negative tone will turn off voters.
Senators on Capitol Hill have criticized Edward DeMarco for the investment practices of Freddie Mac. DeMarco heads the federal agency that controls Freddie Mac and Fannie Mae. NPR and ProPublica reported that certain trades at Freddie Mac amounted to bets against homeowners being able to refinance their mortgages. DeMarco tells Morning Edition's Steve Inskeep that the trades were not particularly risky, and would not have prevented homeowners from refinancing their loans.
In the race for the Republican presidential nomination, a number of contests are awarding delegates on a proportional basis. That fact, combined with a back-loaded calendar, may stretch out the nominating process until the party's convention in August.
Real estate mogul and Apprentice star Donald Trump endorsed Mitt Romney for president in Las Vegas Thursday. Analysts suggest Trump's endorsement could hurt Romney since he is trying to fend off accusations that he doesn't care about the poor.
Axelrod said the economy has improved significantly since the 2009 interview in which Obama said his presidency would be a "one-term proposition" if there no were turnaround. Axelrod quickly added, however, that there's much more to do to fix the economy.
The Republican leading a yearlong investigation into the failed gun-trafficking operation known as Fast and Furious acknowledged that the probe has turned up no evidence that Attorney General Eric Holder approved the idea. Other GOP lawmakers Thursday threatened Holder with contempt of Congress.
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