AP reports: “Reigniting a partisan fight over banking regulations, President Barack Obama intends to nominate former Ohio Attorney General Richard Cordray to lead a consumer protection bureau that was a central feature of a law overhauling the rules that govern the financial sector. “Obama plans to announce the nomination formally on Monday, the White House…

AP reports “Gen. David Petraeus, the outgoing U.S. commander in Afghanistan [and incoming CIA director], and his soon-to-be successor met with top military leaders in Pakistan on Thursday.” Meanwhile, the head of Pakistani intelligence, Lt. Gen. Ahmed Shuja Pasha, is in Washington, D.C. meeting with top U.S. officials. FRED BRANFMAN, fredbranfman at aol.com Branfman just wrote…

CBS News reports: “A U.S. senator has urged an investigation into whether Rupert Murdoch’s U.K. newspapers, in the spotlight of a phone hacking and bribery scandal, had violated U.S. law. “Sen. Jay Rockefeller, D-W.Va., called for the investigation after a report surfaced Monday that 9/11 victims may have been targeted by one of Murdoch’s papers,…

The New York Times reports: “Saying that offshore tax havens deprive the United States Treasury of tens of billions of dollars of revenue a year, two senior Democratic senators are pushing to help reduce the federal deficit by tightening rules that allow hedge funds, derivatives traders and corporations to skirt federal taxes. “A bill unveiled…

In a letter to the president sent this Saturday, nine Senators wrote: “The inclusion of Social Security in the debt renegotiations is extremely troubling. Social Security has contributed nothing to the debt and yet seniors face potential cuts to their earned benefits. … Our bedrock social safety net programs should not be adjusted as part…

AFP reports “Rockets Hit Baghdad Green Zone as Panetta Visits.” Aswat Al Iraq reports: “U.S. Defense Secretary’s visit aims to keep U.S. forces in Iraq, MP says.” RAED JARRAR, jarrar.raed at gmail.com An Iraqi-American blogger and political analyst based in Washington, D.C. and currently in Iraq, Jarrar said today: “According the U.S.-Iraqi Security Agreement, all…

* The Washington Post reports: “Tens of thousands of Egyptians gathered Friday in Tahrir Square, the symbol of the uprising that ousted President Hosni Mubarak this year, to protest what they perceive as an unwillingness to prosecute Mubarak-era officials and police responsible for the killing of nearly 900 protesters. “The demonstration, dubbed the ‘Friday of…

CNBC reports: “June’s miserable jobs report has put the fear of a double dip recession back into the markets. The U.S. economy added a paltry 18,000 jobs in June, and the unemployment rate climbed to 9.2 percent from 9.1 percent as laid off government workers continued to join the ranks of the unemployed. There were…

The New York Times reported yesterday: “President Obama stepped up pressure on Congressional Republicans on Tuesday to agree to a broad deficit-cutting deal, pledging to put popular entitlement programs like Medicare on the table in return for Republican acquiescence to some higher taxes.” TERRY O’NEIL, via Latoya Veal, press at now.org O’Neil is president of…

The Associated Press reports: “The Labor Department will report the latest figures on unemployment and payrolls on Friday, and analysts expect to hear more bad news. They forecast that the unemployment rate will remain unchanged from May at 9.1 percent. They also expect that employers added only 90,000 jobs last month, below the 100,000 threshold…