House Financial Services Committee OKs powers to break up large firms [The Hill]
Bailout program could be extended [The Washington Post]
Post-Mortems Reveal Obvious Risk at Banks [The New York Times]
Fed Presidents, Lawmakers Step Up Clash on Appointment Process [Bloomberg]
Airlift Gap Looms For Last Mile [DoD Buzz]
Hot Hot Hot [Ares]
Flake denounces defense earmarks [Politico]
Judge Blames Army Corps for Katrina Flooding [The Associated Press]
Hearing:"Taking Stock: Independent Views on TARP's Effectiveness" [Congressional Oversight Panel] - For more background, check out "What Did TARP Do?" at The Baseline Scenario
Hearing: "Tracking The Money: How Recovery Act Recipients Account For Their Use Of Stimulus Dollars" [House Oversight and Government Reform Committee] - For more background, check out "GAO: clearer guidance needed for reporting stimulus funds" at Federal Eye
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