Morning Smoke: NYT on the F-22 Boondoggle

$1.75 Billion Boondoggle [The New York Times]

Is Congress Failing on Homeland Security Oversight? [Center for Public Integrity]

Potential Conflicts Of Interest For New Pecora Commissioners [TPMDC]

Administration Bridles at Bar on Contractors [The Washington Post]

U.S. Regulators to BofA: Obey or Else [The Wall Street Journal]

Citi close to secret deal with regulator [Financial Times]

CIT Fails to Win U.S. Bailout as Bankruptcy Looms [Bloomberg]

Hearing: "Contracting Preferences for Alaska Native Corporations" [Senate Homeland Security and Governmental Affairs Committee] - Hearing to question privileges set aside for Alaska native firms [Federal Times]

Hearing: "Bank of America and Merrill Lynch: How Did a Private Deal Turn Into a Federal Bailout? Part III" [House Oversight and Government Reform Committee] - DealBook will be live-blogging the hearing here