The Consumer Financial Protection Bureau is releasing Thursday much anticipated new mortgage rules, which will restrict the kind of subprime lending practices that caused both the financial and housing sectors to crash five years ago.
The new rules come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards.
Originally published on Wed January 9, 2013 4:18 pm
From Superstorm Sandy to gun laws to the fiscal cliff, national issues are on the minds and the lips of the nation's governors setting their state agendas this week.
Some want Congress and President Obama to act; others urged state legislators to do what Congress hasn't.
"No one hunts with an assault rifle. No one needs 10 bullets to kill a deer. End the madness now," an impassioned New York Gov. Andrew Cuomo said Wednesday in calling for the state to enact the "toughest assault weapon ban in the nation, period."
The small river town of Steubenville, Ohio, is in turmoil over an alleged rape involving high school football players, a 16-year-old girl and accusations of a cover-up.
Steubenville is nestled in the foothills of Appalachia at the juncture of Ohio and West Virginia, less than 10 miles from the Pennsylvania border. To the west, reclaimed strip mines, woods and hills stretch far into rural Ohio. Pittsburgh lies 37 miles to the east.
It's no news that the U.S. has lower life expectancy and higher infant mortality than most high-income countries. But a magisterial new report says Americans are actually less healthy across their entire life spans than citizens of 16 other wealthy nations.
Originally published on Thu January 10, 2013 3:41 am
Attorney General Eric Holder, Health and Human Services Secretary Kathleen Sebelius, and Veterans Affairs Secretary Eric Shinseki plan to remain with President Obama's administration as his second term begins, according to a White House official. The news that the three will remain in their current posts comes amid the departure of other Cabinet officials, including Labor Secretary Hilda Solis, who submitted her resignation today.