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  • As the Senate enters the second week of its latest debate on the Iraq war, Republican Sens. Richard Lugar and John Warner introduce an amendment that would require the Bush administration to find an exit strategy for Iraq and present its plan to Congress by mid-October.
  • He has been the Speaker of the House for more sessions of Congress than any previous Republican, but Rep. Dennis Hastert is far from a household name. One reason is that Rep. Tom DeLay called a lot of the shots. But another is that Hastert has been loath to cross swords with anyone -- until now.
  • Even before the Iraq Study Group released its reports, many Iraqi lawmakers felt they had been left out of the process. They complained that the Baker-Hamilton team didn't spend much time in Iraq, spoke only with a few prominent politicians, and saw little beyond the blast walls of the Green Zone. Some members of Iraq's parliament offer their own recommendations for what the United States should do now.
  • For decades, astronomers believed there was another planet in our solar system, tucked just out of sight. Then Albert Einstein figured out it wasn't there. Author Thomas Levenson explains.
  • Timothy Geithner and Ben Bernanke had a date this morning with the House Financial Services Committee. They were both no-shows at the panel's hearing last week on AIG's bailout and executive bonuses, so today they weighed in. Since that first hearing, the House has passed a 90 percent tax on bonuses and Geithner has rolled out a plan to soak up bad bank assets.
  • The Dow Jones Board, and specifically the Bancroft family, announced Thursday a desire to entertain purchase offers, including one from Rupert Murdoch that will be tough to beat. What would The Wall Street Journal look like if Murdoch, who has a long track record at The Times of London, becomes boss.
  • Caroline Kennedy has asked Gov. David Paterson to withdraw her name from consideration for the New York Senate seat vacated by Hillary Clinton. A source familiar with the matter says she is no longer pursuing the seat for personal reasons. Robert Siegel speaks with New York Post reporter Fred Dicker about the story.
  • U.S. skier Lindsey Vonn won an Olympic gold in Vancouver on Wednesday despite a painful shin injury. But Thursday, she wiped out in the super combined. Vonn, who had the day off Friday, criticized the course on Whistler Mountain.
  • New car purchases are at the lowest levels in 10 years. Nearly all major carmakers reported steep sales declines for June. Derek Mattsson, head of Vehix.com, says consumers are still favoring cars like the Honda Civic at the expense of U.S. vehicles.
  • Barack Obama has been elected president with 52 percent of the popular vote. A day after the result, he named his transition team. Obama will have to navigate between lawmakers like Rep. Charlie Rangel (D-N.Y.), who wants new spending programs, and blue dog Democrats who want to work with pay-go rules.
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