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  • Democratic presidential nominee Barack Obama has picked up the endorsement of former Secretary of State Colin Powell. The former Bush administration official broke with the Republican party Sunday. Obama told a rally in Fayetteville, N.C., that he was honored to have Powell's support.
  • A large research study released Sunday at the American Heart Association meeting in New Orleans is rocking the cardiology world. It suggests that even people with normal or low cholesterol levels can benefit from a cholesterol-lowering drug known as a statin.
  • Attorney General Michael Mukasey says he wants Congress, not judges, to make policy on how Guantanamo detainees may challenge their detention. The U.S. Supreme Court has ruled against the Bush administration three times in cases related to processing Guantanamo detainees.
  • Some Republicans are miffed about all the financial decisions being made without consulting them. Democrat Barney Frank says the Fed shouldn't have $800 billion to spread around without consulting anyone. Republicans say Democrats share blame for the crisis.
  • Republican John McCain berated Wall Street, a day after he said the fundamentals of the economy were still strong despite the economic troubles. Campaigning with his running mate, Alaska Gov. Sarah Palin, he said regulation needs to be streamlined.
  • On Capitol Hill, Treasury Secretary Henry Paulson tried to sell his rescue plan for financial institutions. Joined by other top finance officials, he defended the $700 billion request to buy bad debt. They faced some skepticism from senators.
  • Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke testified before the Senate Banking Committee Tuesday about the $700 billion rescue plan for the financial sector. They stressed that it was urgent that lawmakers pass the bill this week. Many committee members were not swayed.
  • The Bush administration is reportedly considering a new program aimed at helping individual homeowners stay in their homes and avoid foreclosure. Sheila Bair, chairman of the Federal Deposit Insurance Corp., has told lawmakers the government should provide loan guarantees as an incentive to get loan-servicers to modify existing mortgages.
  • Wilmington, N.C., on Monday became the first major city to permanently switch TV broadcasts from analog to digital. Most of the country will make the transition to digital TV on Feb. 17.
  • The U.S. military raid in Pakistan last week was part of an intensified campaign to attack al-Qaida and the Taliban inside Pakistan. NPR's Pentagon correspondent Tom Bowman talks with host Scott Simon about how CIA officers are being pulled from around the world for this campaign.
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