Obama to speak Monday of financial crisis
President Barack Obama is delivering a speech Monday on Wall Street, exactly one year after the Lehman Brothers investment bank collapsed, precipitating the financial crisis felt around the world. The White House said Thursday that Obama will discuss steps the administration has taken to ease the crisis, its commitment to reduce government involvement in the financial sector and actions the United States and other countries must take to keep it from happening again. The speech is scheduled for Federal Hall in New York. It was unclear if Obama would announce any new policies in the speech.
ACORN fires 2 after TV sting is aired
The nonprofit housing group Association of Community Organizations for Reform Now has fired two employees at its Baltimore office who were seen on hidden-camera video giving advice to a man posing as a pimp and a woman pretending to be a prostitute. Fox News Channel broadcast an excerpt from the video Thursday showing an ACORN employee advising the woman to list her occupation as "performance artist." Maryland ACORN board member Margaret Williams said in a statement the employees "did not meet ACORN's standards of professionalism."
Wyoming: Praise and protest greeted former Vice President Dick Cheney as he visited his alma mater, the University of Wyoming, Thursday for the dedication of the Cheney International Center. Protesters made up about a fifth of the crowd of about 500 and hoisted critical signs: "Shame on UW" and "We don't want your blood money."
Texas: A federal judge has dismissed a lawsuit challenging a ban on beards by the Houston Police Department, which says gas masks can't properly be worn with beards. Four officers had filed a lawsuit saying the policy discriminates against those with a skin condition that primarily affects black men and gets worse with shaving.