Melamine Found in U.S. Baby Formula, California to Investigate Mormon Aid for Prop. 8, Bailout Problems
Good morning, and welcome to the Daily Read for Wednesday. Please note, we'll be taking off Thursday and Friday for Thanksgiving -- but we'll be back in action first thing Monday morning. Feel free to leave comments and please let us know if we missed anything.
Melamine Found in U.S. Infant Formula» The FDA said Tuesday that it had discovered the toxic chemical melamine in infant formula made by an American manufacturer... meanwhile, former FDA officials, members of Congress, watchdog groups and various government reports say the FDA desperately needs an infusion of strong leadership, money, technology and personnel -- and perhaps a major restructuring. — New York Times, Washington Post
California to Investigate Mormon Aid for Prop. 8 » California officials will investigate accusations that the Mormon Church neglected to report a series of nonmonetary contributions -- including phone banks, a Web site and commercials -- on behalf of a ballot measure to ban same-sex marriage. — New York Times
White House Prods Allies to Oppose Limits on Greenhouse Gases » As the Bush administration prepares to issue its ruling on whether to limit greenhouse gases, it's sending out a message to some of its allies: Tell us how much you don't want us to regulate emissions linked to global warming. — Washington Post
Bailout Problems » The first operational audit of the $700 billion bailout, to be delivered to Congress next Tuesday, is expected to be critical of the Treasury Department's failure to set up ways to track how its bailout money is being used in the marketplace... meanwhile, the Treasury has struggled to keep up with the task of hiring enough people to handle the bailout. — New York Times, Wall Street Journal
Ex-Bush Aide Charged with Theft from Cuba Group » A former aide to President Bush has been charged with theft from a government-funded center that promotes democracy in Cuba. — Associated Press
A.I.G. Cuts Executive Pay » Under pressure from NY Attorney General Andrew M. Cuomo, A.I.G. said Tuesday that it would pay its chief executive only $1 a year and that it was freezing the salaries and eliminating bonuses for its seven other top executives. — New York Times
Lawmakers Push to Enforce Chemical Ban in Toys » An attorney at the agency carrying out a consumer safety law that banned use of the harmful chemicals phthalates in children's products released a legal opinion stating that stores may continue to sell toys with phthalates, as long as those items were made before Feb. 10. — USA Today
Republicans Push to Investigate Rangel» Republican lawmakers called on the House ethics committee on Tuesday to investigate Rep. Charles Rangel's efforts to preserve a tax loophole for an oil-drilling company at the same time that its chief executive pledged $1 million to a City College of New York school that will bear the congressman's name. — New York Times
Please email us to report offensive comments.