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  • Golf fans were treated to an exciting British Open over the weekend, as 53-year-old Greg Norman almost became the oldest winner of a major golf tournament. But Irishman Padraig Harrington overcame a wrist injury to win the tournament for a second straight year.
  • President Bush says he is confident of the long-term foundations of the economy despite the credit crunch. He says mortgage giants Fannie Mae and Freddie Mac would remain in private hands and should have access to Treasury credit lines.
  • The video of the interrogation of Canadian detainee Omar Khadr at Guantanamo Bay became public Tuesday. Colin Freeze, a reporter at The Globe and Mail in Toronto, says the Canadian government is of the view that the U.S. legal system must take its course.
  • School districts across the nation are experimenting with paying teachers based on performance. An important and troubled district in Washington, D.C., is now moving closer to merit pay. Michelle Rhee, chancellor of the District of Columbia's public schools, talks about her proposal.
  • Cover art for the current New Yorker magazine shows a caricature of Democratic presidential candidate Barack Obama in Islamic dress and his wife, Michelle, armed with a machine gun and wearing fatigues. A former magazine editor and a media blogger discuss outcry over the image.
  • NPR's Scott Simon talks to Gail MarksJarvis, personal finance blogger for the Chicago Tribune, about her recent post, "Is my money safe in a bank?"
  • Two proponents of the plan to prop up Fannie Mae and Freddie Mac — Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson — testify before Congress on Tuesday to compel Congress to take action. Meantime, despite government assurances, stocks are plunging in the finance sector.
  • Federal Reserve Chairman Ben Bernanke testified on Capitol Hill Tuesday in his first hearing with lawmakers since the Fed and the Treasury announced the plan to prop up mortgage finance giants Fannie Mae and Freddie Mac. He talked about problems facing the economy, and said the slowdown isn't expected to end anytime soon.
  • The Federal Reserve and Treasury Department took unprecedented steps over the weekend to boost confidence in mortgage giants Fannie Mae and Freddie Mac. Among other things, they increased a government line of credit available to either company. How are the markets reacting?
  • Chairman Ben Bernanke told Congress on Tuesday that stabilizing the financial markets is a top priority for the Federal Reserve as a weak housing market, tight credit and rising oil prices threaten the U.S. economy.
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