He will succeed outgoing director Robert Mueller, who took over the post just days before September 11, 2001.
Comey, a Republican, served as the deputy attorney general in the George W. Bush administration and as the top federal prosecutor for the Southern District of New York. TPM.com has more here.
Dean, whose underdog presidential campaign officially launched 10 years ago this weekend, said he has "mixed feelings" about running for office again but added he would consider another bid for the Democratic presidential nomination if he doesn't think the other candidates are adequately addressing progressive issues that are dear to his heart.
"I am not driven by my own ambition," Dean told CNN in an interview at the Netroots Nation conference, an annual gathering of left-leaning political activists. "What I am driven by is pushing the country in a direction that it desperately needs to be pushed; pushing other politicians who aren't quite as frank as I am who need to be more candid with the American people about what needs to happen. CNN.com has more here.
Privacy and Civil Liberties Oversight Board (PCLOB) — the group charged with ensuring the executive branch balances privacy and civil liberties needs with its national security efforts — on Friday, according to a senior administration official.
The move comes as the White House is under intense scrutiny for how it conducts its secret surveillance programs, including through monitoring Americans’ cell phone and e-mail traffic. The board is charged both with overseeing the executive branch’s approach to national security and to make sure that civil liberty concerns are taken into account when the federal government develops and implements law, regulations and policies related to national security. The Wsahington Post has more here.
The Dow Jones Industrial Average closed down 353 points, or 2.3 percent. The blue-chip index also suffered heavy losses Wednesday after the Fed's latest statement, resulting in a two-day total loss of 550 points. TheHill.com has more here.
The legislation would represent a compromise between the plan pitched by President Barack Obama and Senate Republicans. It would link the rate of new loans to Treasury bonds and lock the rate in for the life of the loan — a key priority for the White House that was missing from a House Republican bill. Politico.com has more here.
Farm Bill Fails in House - A major piece of farm legislation went down to a surprising and dramatic defeat in the House on Thursday, as conservatives joined with most Democrats to oppose the $940 billion bill.
The House voted 195-234, with 62 Republicans joining 172 Democrats, to defeat the bill. The vote was regarded as a surprise, and represented an embarrassment to the House GOP leadership team.
President Barack Obama had threatened to veto the House legislation had it somehow eventually reached his desk. NBC News has more here.
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