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President Barack Obama and Republicans in Congress are digging in to fight the 2012 US election campaign over the budget and taxes.
Political momentum was expected to carry a Wall Street reform Bill to approval, but the death of Senator Robert Byrd threatens to delay final action.
Barack Obama will announce reforms on Wednesday aimed at averting any repeat of the banking crisis that is still driving up unemployment.
The kings of Wall Street will try to soothe Congress by defending their use of -billion in bank bailout money, but it may be a tough sell.
The Scorpions have secured subpoenas against police officers, ordering them to surrender evidence in the Selebi case, a media report said on Wednesday
US president-elect Barack Obama promised on Tuesday stricter control over a financial rescue package, winning over some skeptical lawmakers.
The CEOs of General Motors and Chrysler said they would consider restarting merger talks if needed to win their slice of up to -billion in aid.
Chances have dimmed that a last-minute plan being crafted to provide -billion to bail out US automakers would receive enough backing.
The US House of Representatives set aside doubts that prevailed a few days ago and passed a landmark -billion Wall Street bailout bill on Friday.
The Bush administration asked Congress on Saturday for -billion to bail out firms burdened with bad mortgage debt.
The United States surged into action on Friday to launch an all-out attack against the worst financial crisis since the Great Depression.
Corporate governance and accounting reform in America will be on the front burner on Tuesday, as the Securities and Exchange Commission start cleaning up big business.
