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Editorial Results (free)

1. Congressman, Former Lobbyist Get Housing, FCC Nods -

WASHINGTON (AP) – President Barack Obama on Wednesday tapped a veteran Democratic congressman to lead the Federal Housing Finance Agency and a top fundraiser and former lobbyist to head up the Federal Communications Commission.

2. Bernanke Subdued On Fed’s Consumer Protection Role -

WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke told a skeptical Congress Thursday that the central bank is “well suited” to oversee colossal financial companies whose failure could endanger the entire economy.

3. US House Votes to Restrict Wall Street Pay -

WASHINGTON (AP) - The House of Representatives voted Friday to slap restrictions on how Wall Street executives are paid after nine banks that took U.S. government aid rewarded thousands of their employees with bonuses topping $1 million each.