Critics: Bill would not have stopped crisis By Patrice Hill Updated: 9:47 p.m. on Tuesday, June 29, 2010 President Obama touts his financial-reform bill as the most far-reaching since the Great Depression, but critics are calling it a paper tiger that wouldn’t have stopped the last financial crisis while imposing an intricate web of new [...]

By Lt. Gen. Thomas McInerney Published June 29, 2010 FOXNews.com Barack Obama, Joe Biden, Hillary Clinton, John Kerry and numerous other Democratic political leaders chastised General David Petraeus during his Iraq surge testimony in September 2007. A full-page placed by MoveOn.org in The New York Times labeled General Petraeus “General Betray Us” and was not [...]

June 29, 2010 House Democrats failed again to pass an extension of unemployment benefits that would have kept payments flowing through November. The $34 billion bill was considered “emergency” spending and thus not subject to pay-as-you-go restrictions. As much as Democrats favored the policy, they set up the vote to get a favorable political outcome [...]

By Todd Starnes Published June 29, 2010 FOXNews.com When Sean Harrington entered his freshman year at Arlington High School, he noticed something peculiar: There were no American flags in the classrooms, and no one recited the Pledge of Allegiance.  So Harrington enlisted the aid of his fellow students, and now, three years later, they have [...]

June 30, 2010 (CBS/AP)  Top Democratic negotiators from the U.S. House of Representatives and the Senate who worked out a deal on a sweeping overhaul of financial regulations regrouped Tuesday to eliminate a $19 billion fee on banks that had threatened to derail the legislation. Eager to salvage one of President Obama’s legislative priorities, lawmakers [...]

June 30, 2010 (Reuters) – President Barack Obama and Saudi Arabian King Abdullah on Tuesday stressed the importance of a two-state solution to Middle East peace that secured a Palestinian homeland alongside a strong Israel. Arab leaders are disappointed that Obama has not made more progress in pressuring Israel to give ground in U.S.-mediated peace [...]

By Jeff Kearns and Nina Mehta – Jun 29, 2010 A 17 percent plunge in Citigroup Inc. today triggered a five-minute trading pause, making the bank the second company halted by the two-week-old circuit- breaker program created to prevent market panics. The order that caused the slump, 8,820 shares of Citigroup that crossed for $3.3174 [...]

June 29, 2010 ABC News’ Matthew Jaffe reports: In the wake of the BP oil spill in the Gulf of Mexico, President Obama today summoned a bipartisan group of over 20 senators to the White House to push for energy and climate change legislation. But one thing the President did not want to talk about [...]

June 30, 2010 (Reuters) – China denied on Tuesday media reports that an artillery drill in the East China Sea was in response to a planned military exercise between South Korea and the United States. The 6-day, live ammunition exercise starting on Wednesday in the East China Sea off China’s coast was seen by some [...]

By Sarah Ostmanon June 29, 2010 Top union leader Thomas Balanoff said he was at dinner the night before the November Presidential election when he got a call that was blocked. So he didn’t take it. Later he listened to his messages: “I walked outside, listened to it and it was from President Obama,” Balanoff [...]