Ex-Countrywide Exec Co-Wrote Mortgage Reform Bill

AP

Controversial housing finance reform legislation making its way through the Senate Banking Committee was co-written by a former mortgage trader for Countrywide Financial and Wachovia, two of the subprime mortgage behemoths at the center of the housing market crash in 2007.

Bob Corker Blocking Venezuela Sanctions Bill

Bipartisan bill to sanction human rights abusers stalled
Sen. Bob Corker (R.,Tenn.) / AP

Sen. Bob Corker (R., Tenn.) is said to be standing in the way of a bipartisan bill aimed at sanctioning human rights abusers in Venezuela, where anti-government protesters have come under violent attack by supporters of its Socialist government.

UAW Appeals Historic Loss in Tennessee

Appeals process could drag out union election for years
Volkswagon

The United Auto Workers (UAW) union asserted in an appeal to the National Labor Relations Board (NLRB) filed Friday that Republican public officials and union opponents unfairly influenced workers at a Tennessee Volkswagen plant that rejected the union by a 53-47 percent margin on Feb. 14.

Pentagon: No Unusual Chinese Military Maneuvers Despite Tensions with Japan

Beijing launches first naval exercises since declaring ADIZ
Chinese naval fleet / AP

China’s military forces are showing no signs of increased alert status or readiness for conflict despite high tensions with Japan over Beijing’s air defense zone overlapping U.S. and Japanese air defense coverage of the disputed Senkaku islands.

Debt Ceiling Talks Stall Further, Dems Push on Reversing Sequester

Republicans say Democrats now in danger of overreaching as debt ceiling deadline looms
Sen. Chuck Schumer (D., N.Y.) speaks on "Face the Nation," Sunday, Oct. 13, 2013.

Events over the weekend have made the likelihood of a deal by Oct. 17 appear increasingly uncertain as Democrats seek an agreement that includes removing budget caps and raising the sequester levels established in the 2011 Budget Control Act.

Sunday Show Roundup

Obama responds to critics
President Barack Obama on 'This Week' / AP

President Barack Obama responded to criticisms of his leadership in dealing with Syria on Sunday during an interview on ABC’s “This Week.”