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Dodd unveils sweeping financial regulation plan

WASHINGTON — A new Democratic Senate bill to tame the financial markets would give the government new powers to break up firms that threaten the economy and would force the industry to pay for its failures.

Legislation unveiled Monday by Senate…

Dodd financial overhaul proposal would give Fed powers to break up firms; seeks middle road

WASHINGTON (AP) — A new Democratic Senate bill to tame the financial markets would give the government new powers to break up firms that threaten the economy, force the industry to pay for its failures and create a consumer watchdog within the…

US demands Israel scrap east Jerusalem construction plan that insulted VP Biden during visit

JERUSALEM (AP) — The Obama administration is demanding that Israel call off a contentious building project in east Jerusalem and make a public gesture toward the Palestinians to help defuse one of the worst U.S.-Israeli feuds in memory, officials on…

Obama seeks to rally support for health care overhaul, reassure seniors in Ohio

STRONGSVILLE, Ohio (AP) — With a fresh sense of urgency, President Barack Obama sought to reassure seniors Monday about health care legislation approaching a final vote in Congress, pledging it would make preventive care cost-free and close a gap in…

China trims holdings of US Treasury securities for third month as US federal deficit soars

WASHINGTON (AP) — China retained its spot as the biggest foreign holder of U.S. Treasury debt in January even as it trimmed its holdings for a third straight month. The string of declines underscored worries that the U.S. government could face…

Health Care 101: If Obama’s bill passes, the changes start small and keep getting bigger

WASHINGTON (AP) — It took lawmakers a year to shape President Barack Obama’s health care bill. If it finally passes Congress, it’ll take the better part of a decade to write the user manual for consumers and doctors, employers and insurance…

Kirk hits airwaves with first TV ad in race for Obama’s old Senate seat

CHICAGO (AP) — Republican Mark Kirk is hitting the airwaves with the first TV ad in his bid for President Barack Obama’s old Senate seat.

Kirk, a five-term congressman, introduces himself to voters in the 30-second spot that doesn’t mention…

More than a dozen House members to be targeted in ads supporting health care overhaul

WASHINGTON (AP) — A new $1.3 million ad campaign will target 17 House Democrats this week urging them to support President Barack Obama’s health care plan.

The ads are funded by labor unions and other groups backing health care reform.

At least…