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Monday, August 19, 2013

Daily Political Wire

George Wenschhof

Obama Meeting with Financial Regulators Today - President Barack Obama on Monday is scheduled to host a meeting with "the lead financial regulators," the White House said.
According to the White House, participants in the meeting will include the Comptroller of the Currency, the Director of the Consumer Financial Protection Bureau (CFPB), the Acting Director of the Federal Housing Finance Agency (FHFA), as well as the heads of the the Board of Governors of the Federal Reserve System (FRB), the Commodity Futures Trading Commission (CFTC), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration and the Securities and Exchange Commission (SEC).

Obama will use discuss the Dodd-Frank financial reform bill with the regulators, the White House said. The meeting is slated to be held at 2:15 p.m. ET. has more here.


Mubarak May Be Freed This Week - Hosni Mubarak, the former Egyptian president overthrown in an uprising in 2011, will be released from jail in the next 48 hours after a prosecutor cleared him in a corruption case, his lawyer Fareed El-Deeb told Reuters on Monday.

He was speaking after judicial authorities ordered Mubarak released in one of the remaining corruption cases against him.

The only legal grounds for Mubarak's continued detention rest on another corruption case which will be cleared up later this week, Deeb said.

"All we have left is a simple administrative procedure that should take no more than 48 hours. He should be freed by the end of the week," Deeb said.

Mubarak, 85, still faces a retrial on charges of complicity in the murder of protesters during the 2011 revolt. has more here.


Brown Visits Iowa State Fair, Hints at 2016 Run - Former Sen. Scott Brown is considering a run for president in 2016, he told a Massachusetts paper Sunday while at the Iowa State Fair.

“I want to get an indication of whether there’s even an interest, in Massachusetts and throughout the country, if there’s room for a bipartisan problem solver,” Brown told the Boston Herald from the early-caucus state. “It’s 2013, I think it’s premature, but I am curious. There’s a lot of good name recognition in the Dakotas and here – that’s pretty good.” has more here.


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