Politics

Senate Will Try to Revive Bank-Rescue Plan With a Vote as Soon as Tomorrow The U.S. Senate will try to salvage a $700 billion financial-rescue package after the measure was defeated in the House of Representatives. The lawmakers won't have a lot of room to negotiate.

U.S. Lawmakers Spurn Pleas From Leadership in Rejecting Financial Bailout Lawmakers from Texas, Arizona, and California helped defeat a $700 billion credit-market rescue in the U.S. House, voting more in line with their followers, or constituents, than their leaders.

Obama Seeks to Increase Deposit Insurance to $250,000 to Boost Confidence Republican John McCain and Democrat Barack Obama today called on Congress to keep working on a financial-markets rescue plan and urged the government to raise the limit on federal deposit insurance as a short-term step to restore consumer confidence.

U.S. Corporate Executives May Draw Don't-Do-This Lessons From Washington Managers looking for leadership lessons won't find many good examples in Washington from the U.S. financial crisis, current and former executives said.

Attorney General Mukasey Names Special Prosecutor to Investigate Firings Attorney General Michael Mukasey named a special prosecutor to investigate possible crimes arising from the Bush administration's firing of nine U.S. attorneys.

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