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U.S. to Drop Stevens Case » Attorney General Eric Holder announced this morning that he is dropping all the charges against former senator Ted Stevens (R-Alaska), who was convicted last year on corruption charges. Holder had reviewed the case because of charges of prosecutorial misconduct that were being examined by the federal judge presiding over the case. — Washington Post

Watchdogs Press for Bailout Details » The massive programs designed to rescue the nation's financial sector are operating without adequate oversight, with vague goals and limited disclosure of their details to the taxpayers who are paying for them, government watchdogs told a Senate panel Tuesday. — McClatchy

Obama's Escalating K Street War » An unlikely alliance of groups -- including one co-founded by President Obama's chief ethics adviser -- argue that the administration's stringent new rules on lobbyists will penalize those who play by the rules while doing nothing to curb the influence of large corporations and campaign donors. — Washington Post

Army Probes Disputed Deployments » Army medical commanders are investigating allegations that medically unfit soldiers were deployed to Iraq in recent months out of Fort Wainwright in Alaska. Soldiers said commanders tried -- sometimes successfully -- to deploy them before they completed medical tests for health problems, before they were able to undergo necessary surgeries or before they were able to recuperate from operations. — USA Today

A DOJ Split on D.C. Vote » Justice Department lawyers concluded in an unpublished opinion earlier this year that the historic D.C. voting rights bill pending in Congress is unconstitutional, according to sources briefed on the issue. But Attorney General Eric H. Holder Jr., who supports the measure, ordered up a second opinion from other lawyers in his department and determined that the legislation would pass muster. — Washington Post

After the jump...

BEST OF THE REST
» Highlights from TARP Oversight Hearing (POGO)
» HHS Pick Sebelius Admits Tax Errors (WaPo)
» U.S. Plans Key Role In Naming GM Board (WaPo)
» PMA Group scandal dogs Speaker Pelosi (TheHill)
» Congress Demands Records of AIG 'Fly on the Wall' (TPM)
» Court ruling makes Coleman win unlikely (MPR)
» Surveillance towers planned for Detroit, Buffalo (AP)
» Exams of Injured Workers Fuel Mutual Mistrust (NYT)
» Court Declines to Reconsider Philip Morris Case (WaPo)