In the News
Korematsu Day, the first day in U.S. History named for an Asian-American, recognizes Fred Korematsu for speaking out against the U.S. internment of Japanese-Americans during World War II.
Haiti needs "free, fair and inclusive elections" to have a functioning Parliament and a stable government, according to United States Congresswoman Maxine Waters.
The California Democrat was speaking at a Washington briefing on post-earthquake reconstruction organized by the Haiti Advocacy Working Group.
Waters pointed to recent reports over US money for Haiti that had not yet been disbursed.
The Justice Department has filed civil charges against Standard & Poor's over mortgage securities it rated in the run-up to the 2008 financial crisis, setting up a high-profile showdown between the government and the much-maligned ratings industry.
In a lawsuit filed late Monday in the U.S. District Court for the Central District of California, the Justice Department alleges that S&P knowingly executed a scheme to defraud investors between September 2004 and October 2007 in its ratings of mortgage securities that were tied to subprime mortgages.
The top Democrat on the House Financial Services Committee called Tuesday for Congress to "immediately" hold a hearing to investigate a controversial $8.5 billion foreclosure abuse settlement reached this year.
While the enthusiasm and crowd size for Barack Obama's second inauguration didn't match that of his first, the spectacle was no less grand and the level of security no less tight.
And with an estimated 1 million people gathered as witnesses, the president seemed to enjoy it all. When the ceremony came to a close and he climbed the stairs to reenter the Capitol, he turned around to take in the view of the waving masses and said, "I want to take a look one more time. I'm not going to see this again."
The sidewalks are so buckled along parts of Sepulveda Boulevard in Westchester that parents pushing strollers have been spotted veering off the path and into an adjacent bike lane.
Dislodged by massive old ficus tree roots, pieces of sidewalk form peaks that might be attractive to skateboarders, but are less than ideal for pedestrians.
Soon, though, a smoother solution is in store for Westchester.
The new chairman of the House Financial Services Committee, Rep.