Obama aide in Israel to meet with leaders
White House Chief of Staff Rahm Emanuel is meeting with top Israeli leaders this week.
The White House says Mr. Emanuel will meet Wednesday in Israel with Prime Minister Benjamin Netanyahu for informal talks on a range of issues concerning the two countries. Mr. Emanuel and his family are scheduled to visit Thursday with President Shimon Peres.
Mr. Emanuel is in Israel to celebrate son Zach’s bar mitzvah.
Lawmakers await resolution before adding sanctions
Congressional leaders putting together a new round of U.S. sanctions against Iran say they will defer final action to give the United Nations and the European Union a chance to take multinational action against Iran.
Senate Banking, Housing and Urban Affairs Committee Chairman Christopher J. Dodd and House Foreign Affairs Committee Chairman Howard L. Berman say they will await the outcome of a draft U.N. Security Council resolution and follow-up EU action before advancing their bill punishing Iran over its pursuit of nuclear weapons.
They say that tough multilateral sanctions are the most effective means to persuade Iran to cease its nuclear program.
Mr. Dodd and Mr. Berman are working out differences in House- and Senate-passed bills that would expand U.S. sanctions.
Bullard: Europe’s woes unlikely to spur recession
The European debt crisis isn’t likely to throw the global economy back into a recession, a Federal Reserve official said Tuesday.
The turmoil “will probably fall short of becoming a worldwide recessionary shock,” said James Bullard, president of the Federal Reserve Bank of St. Louis, in a speech delivered in London.
In the past, when countries defaulted on their debt, the episodes generated financial turmoil but they didn’t throw the world economy into a downturn, Mr. Bullard said. He cited Russia’s default in 1998 as a case in point.
The global economy shrank by 0.6 percent in 2009, its first dip since World War II. The global economy is growing now, and the United States is in recovery, too.
Europe’s problems are occurring as the global financial system is fragile. Wall Street and stock markets around the world have been rattled by the problems. Even so, Mr. Bullard doesn’t think the European crisis will become a broader financial contagion, such as the 2008 reaction after the collapse of Lehman Brothers.
“I do not think this is a likely scenario,” he said.
Talking Heads singer sues Gov. Crist
MIAMI l Florida Gov. Charlie Crist is being sued for $1 million for using a Talking Heads song in a campaign ad allegedly without the band’s permission.
The band’s former lead singer David Byrne sued the governor Monday in Tampa for using “Road to Nowhere” in an online attack ad against Marco Rubio. He’s the likely Republican nominee in the race for Florida’s open U.S. Senate seat. Mr. Crist is running as an independent.
Mr. Crist’s campaign spokeswoman didn’t immediately return a call seeking comment.
Mr. Byrne said in a statement his fans might not respect him as much if he lets his songs be used in ads.
Arizona Sen. John McCain was sued for using Jackson Browne’s song “Running on Empty” during his presidential campaign. The lawsuit was settled and included a pledge by the GOP not to use any musicians’ work without permission.
Biden to address Annapolis grads
Vice President Joseph R. Biden Jr. is delivering the commencement address at the U.S. Naval Academy in Annapolis, Md., on Friday.
The president and vice president traditionally speak each year at commencement exercises at one of the service academies.
President Obama addressed graduating cadets at the U.S. Military Academy in West Point, N.Y., on Saturday.
Mr. Biden also delivered the commencement address at the University of Pennsylvania earlier this month. His 28-year-old daughter, Ashley, picked up a master’s degree in social work.
Obamas to take weekend in Chicago
President Obama plans to spend a long holiday weekend in Chicago.
The White House says Mr. Obama and his family will travel to there on Thursday and stay through the weekend. It will be their first trip back home since a visit for Valentine’s Day weekend in February 2009.
On Monday, Mr. Obama is scheduled to participate in a Memorial Day ceremony at Abraham Lincoln National Cemetery in Elwood, Ill.
In Mr. Obama’s absence, Vice President Joseph R. Biden Jr. will participate in the customary wreath-laying ceremony at the Tomb of the Unknown Soldier at Arlington National Cemetery outside Washington.
Gov. Perry writing to rip government
AUSTIN l Texas Gov. Rick Perry has long criticized the federal government, and now he’s writing on the subject in a new book called “Fed Up.”
Mr. Perry’s office confirmed and book publisher Little, Brown and Co. announced Tuesday that the GOP governor is writing the book. It’s expected in the fall, in time for the midterm elections.
The book will further push Mr. Perry into the national spotlight. Last year he made national waves by flirting with the subject of secession. He said he can understand why citizens might get so fed up with the federal government that they would consider the idea, though he stopped short of endorsing secession.
Mr. Perry insists he doesn’t have presidential or vice presidential aspirations. He is running for re-election this year against Democrat Bill White.