Day: December 16, 2008

Having reduced its key rate to a record low, the Fed said that it would use “all available tools” to fight the recession and downward pressure on prices.

His spokesman, Kenneth Edmonds, refused to elaborate on what Jackson told prosecutors.

Four judges and the secretary of state began huddling in a basement room to try to sort out some 1,500 ballots in the deadlocked Senate race.

Insurance lobbies, health care trade groups and medical societies are encouraging their members to attend Obama house parties.

Nearly six months after the Supreme Court put an end to the District of Columbia’s decades-old ban on handgun possession, the City Council passed a sweeping new ordinance to regulate gun ownership.

Tom Vilsack, who briefly ran for president, is a strong proponent of renewable energy and developing the nation’s alternative fuel industry.

CHICAGO, Dec. 16 — Rep. Jesse Jackson Jr. (D-Ill.) told federal investigators in Chicago that Illinois Gov. Rod Blagojevich (D) asked for a $25,000 campaign contribution during Blagojevich’s 2002 run for governor and may have exacted retribution after he did not receive the money, a source close…

The Minnesota Republican is planning to use contributions to pay blue-chip criminal lawyers to defend him.

Vilsack served for two terms in one of country’s leading corn-producing states. See also: Becerra is out

The SEC chairman gave his first public comments on the Madoff scandal. See also: Madoff bought influence