Daily Political Wire

George Wenschhof

More Americans Favor Same-Sex Marriage - a poll by CBS News/New York Times shows 38% favor same-sex marriage, 24% favor civil unions and 33% favor traditional marriage.  You can read more here.

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Warren Wants Dimon To Step Down - Democratic candidate for U.S. Senate in Massachusetts; Elizabeth Warren believes JP Morgan Chase executive Jamie Dimon should step down as a director of the Federal Reserve Bank in New York.

This comes as JP Morgan Chase reveals it lost $2 Billion in risky derivatives investments in just six weeks.  TheHill.com has more here.

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Ally Financial Files For Bankruptcy - formally known as GMAC, the federal government injected $17 Billion into the lender and now owns 74% of the company.  Reuters.com has more here.

Look to see Republicans exploit this news.

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Edwards Begins Defense - the John Edwards trial moves to the defense of the accusation he violated campaign finance laws in attempts to cover up the pregnancy of his Mistress Rielle Hunter during the 2008 campaign.  CNN.com has more here.

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New Election Coming For Greece? - the anti-austerity vote has resulted in a split government which has until Thursday to form a coalition or a new election will be held.  CNN.com has more here.

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Anti-Austerity Vote Spreads To Germany - the election in North Rhine-Westphalia was won by center left Social Democrats and comes 18 months before Chachellor Angela Merkel will be running for a third term. You can read more here.

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Rangel Facing Tough Primary - the 81 year old long term New York Congressman is facing a serious challenge as redistricting has created new challenges.  The primary is June 26 and Democratic Representative Charles Rangel, who survived a recent ethics scandal, is locked in a close struggle with several other Democrats.  Politico.com has more here.

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