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President-elect Barack Obama comes from the same city and state as Illinois Gov. Rod Blagojevich, and it was the Obama seat in the Senate that Blagojevich is accused of trying to sell. Is it possible this scandal will leave the new president unsinged?

Citigroup stock has moved higher after the government announced a second effort to shore up confidence in the troubled bank. The Treasury Department will backstop the company's bad assets while providing an additional $20 billion in emergency loans.

With the economy continuing to sputter, president-elect Barack Obama has held a news conference to announce his economic team. He said they would get to work immediately to craft an economic stimulus package big enough to jump-start the economy.

Michael Steele, the new head of the Republican Party, found himself in hot water again with his fellow Republicans when he told a GQ reporter that women have a right to choose an abortion. The comments could have political implications.

Treasury Secretary Timothy Geithner went to Capitol Hill on Thursday with expansive plans to reduce "systemic risk" in the financial system. He called for new rules and better referees. And he was met with skepticism, particularly from Republicans.

President Barack Obama's budget proposal is placing conservative Democrats in a tight spot. Republicans are asking them to be fiscally cautious. Liberals are targeting them with a barrage of ads, urging them to support the president's budget.

The attorneys general of Utah and Arizona say they won't do what Texas did. They won't raid polygamist groups in their states, even though the polygamists targeted in Texas last month are based on the Utah-Arizona border. The officials spoke at a town meeting on polygamy Thursday night in Utah.

Passengers of the Ambassador Cruise Line had just arrived in the Faroe Islands when a group of small boats drove the whales to shallow water for killing, part of a long-standing local tradition.

In Washington, it was a crucial day of meetings between the leaders of the United States, Pakistan and Afghanistan. Afghan President Hamid Karzai and Pakistani President Asif Ali Zardari huddled first with Secretary of State Clinton and later with President Obama and made a number of key commitments.

President Bush has called once again for the House to adopt a Senate bill on foreign intelligence — and by noon, Democratic Majority Leader Steny Hoyer was saying the House would take up a bill next week. Whether the bill includes the retroactive legal immunity for phone companies that the president demands was not immediately clear.