Friday News Roundup - Domestic

Friday News Roundup - Domestic

The Federal Reserve announced a new, open-ended round of bond buying to stimulate economic growth. President Barack Obama and Republican challenger Mitt Romney sparred over the Obama administration's handling of the attacks in Libya and Egypt. And vice presidential candidate Paul Ryan returned to the House to vote on a six-month, stopgap spending bill to keep the government operating. Jonathan Allen of Politico, Jackie Calmes of The New York Times and Michael Scherer of TIME magazine join Diane for analysis of the week's top national news stories.

The Federal Reserve announced a new, open-ended round of bond buying to stimulate economic growth. President Barack Obama and Republican challenger Mitt Romney sparred over the Obama administration's handling of the attacks in Libya and Egypt. And vice presidential candidate Paul Ryan returned to the House to vote on a six-month, stopgap spending bill to keep the government operating. Jonathan Allen of Politico, Jackie Calmes of The New York Times and Michael Scherer of TIME magazine join Diane for analysis of the week's top national news stories.

Guests

Jonathan Allen

congressional reporter for Politico.

Jackie Calmes

national correspondent for The New York Times.

Michael Scherer

White House correspondent for Time magazine.

Friday News Roundup Video

The panel discussed the significance of the Federal Reserve's announcement Thursday of a new open-ended mortgage bond-buying program. Time magazine's Michael Scherer said the action represents a huge shift for the Fed. "They're basically saying we're going to go as far as we need to go to make sure the economy recovers," Scherer said. Jackie Calmes, national correspondent for The New York Times, said it's important to note the Fed didn't mark an end to the program. Jonathan Allen, congressional reporter for Politico, said the program won't affect the unemployment rate.

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