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Required Reading
Obama to Limit Fed Lending Power, Grant Systemic Role Bloomberg | Giving the Federal Reserve more power will be controversial in some quarters.
Obama Stays on Sidelines After Iran's Disputed Election Los Angeles Times | White House is deliberately avoiding turning up the heat on Iranian regime, though opinions differ on why.
Cost of Health Plan Weighs On Senators Wall Street Journal | Senators struggle to bring price tag below the magic $1 trillion number.
White House Plays Hardball; Says Fired IG Walpin Was "Confused, Disoriented" Engaged in "Inappropriate Conduct" ABC News: Political Punch | Wow. The White House isn't messing around anymore on this story.
E-Mail Surveillance Renews Concerns in Congress New York Times | Critics on the Hill say some NSA actions "are so flagrant that they can’t be accidental."

By Ben Pershing  |  June 17, 2009; 7:59 AM ET
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