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Rep Rangel faces charges, trial may hurt Democrats
WASHINGTON (Reuters) - Representative Charles Rangel reached a tentative plea agreement on ethics charges on Thursday, but Republicans may reject it and push for a trial that could hurt his fellow Democrats in the November elections.

House to take up offshore drilling reform bill
WASHINGTON (Reuters) - Three months after the catastrophic oil rig explosion that sent millions of gallons of crude spewing into the Gulf of Mexico, the U.S. House of Representatives was poised on Friday to debate legislation clamping down on the industry's offshore drilling practices.

Fed officials clash on need for more stimulus
WASHINGTON (Reuters) - Federal Reserve officials clashed on Thursday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current policy may be contributing to worryingly low levels of inflation.

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