Friday, July 11, 2008

CQ Today Midday Update

Highlights from today's news on CQ.com
Midday Update for FRIDAY, JULY 11, 2008 – 2:11 P.M.

In This Issue

  • Lawmakers Want Action on Regulatory Overhaul for Mortgage Finance Giants
  • Negotiators Close to Deal on Mental Health Parity
  • Political Trivia for July 11
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Today in Washington

The House is not in session.

The Senate takes up a housing package and a bill extending international AIDS relief funding.

The President  Meets with his economic team; travels to Camp David for the weekend.

In Washington, Del. Eleanor Holmes Norton, D-D.C., Rep. Bobby L. Rush, D-Ill., and others, hold a reception to introduce the Communities in Action Neighborhood Defense and Opportunity bill. 6 p.m., 1301 U St. N.W.

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Top Stories

Lawmakers Want Action on Regulatory Overhaul for Mortgage Finance Giants

As shares of Fannie Mae and Freddie Mac were battered again Friday, key lawmakers stepped up their calls for a regulatory overhaul of the two mortgage finance giants.  [Read More]

Negotiators Close to Deal on Mental Health Parity

House and Senate negotiators have reached agreement on important portions of a long-stalled mental health parity draft bill, but the legislation still lacks a spending offset that would let it move forward.  [Read More]

Political Trivia for July 11

How many states favored President Bush in 2004 while electing Democratic senators?  [Read More]

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Political Clippings

The Albany Times Union reports that the field to replace retiring Rep. Michael R. McNulty, D-N.Y., is now set. “Four Democratic candidates emerged from the petition-filing deadline Thursday, chopping in half the crowded field that once numbered up to 10 Democratic hopefuls in the most competitive 21st [District] race in more than 50 years.” Among the contenders in the Democratic-leaning district are former state Assemblyman Paul Tonko and Tracey Books, who worked as Sen. Hillary Rodham Clinton’s regional director. Two Republicans also filed Thursday. The primary is Sept. 9.

The Fort Collins Coloradoan reports that the Defenders of Wildlife Action Fund continues to spend heavily in its campaign against Rep. Marilyn Musgrave, R-Colo. The political arm of Defenders of Wildlife, a national environmental group, mounted a $200,000 advertising campaign last month criticizing Musgrave “for taking contributions from energy groups, voting against enhanced fuel efficiency standards and for tax breaks for energy companies,” the newspaper said. A report filed with the Federal Election Commission this week shows that the group spent another $18,000 to set up an on-the-ground effort in Northern Colorado. The group has endorsed Musgrave’s Democratic opponent, Betsy Markey.

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Today on Governing.com

State and local government news from CQ’s sister publication
WISCONSIN: Court: Sex Offenders on Probation Can Have Pornography
CALIFORNIA: State, Feds May Buy Flooded Homes
WASHINGTON, D.C.: Team Withholds Millions in Rent for New Ballpark
JACKSON, Miss.: Mayor, Bodyguards Charged in Wrecking of House
PHILADELPHIA: Arbitrators Award Police Raises for One Year
SAN FRANCISCO BAY AREA: Transit Agency Making Moves to Solar

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