Treasury Secretary Geithner announced that he will stay at Treasury.
In a sign of the narrative the White House will offer, outside Obama adviser David Axelrod and Sen John Kerry (D-Mass.) each said said S&P had performed a “Tea Party downgrade.” Former Obama economic adviser Christina Romer says the downgrade is a sign the country is “pretty darn fucked.”
Whatever happens in Thursday’s debate and Saturday’s straw poll in Ames, the Republican field is likely to be narrowed, writes POLITICO.
And Texas Gov. Rick Perry led thousands of Christians in prayer at a Texas rally.