The Note’s Must-Reads for Thursday, June 18, 2009

Jun 18, 2009 5:08am

The Note’s Must-Reads are a round-up of today’s political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at



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ABC News’ Jake Tapper and Mathew Jaffe: “Obama Proposes Financial Regulatory Overhaul, Create New Oversight Council” LINK

The Hill’s Silla Brush: “Wall Street plan draws many critics” LINK

Los Angeles Times’ Walter Hamilton and Jim Puzzanghera: “Wall Street isn’t buying Obama’s reform plan” LINK

The Washington Times’ Joseph Curl: “Bush takes swipes at Obama policies” LINK

The Wall Street Journal’s Damian Paletta: “Historic Overhaul of Finance Rules” LINK

The Wall Street Journal’s Sudeep Reddy: “Not Everyone Is Cheering Fed’s New Role” LINK

Bloomberg’s Bradley Keoun and Jonathan D. Salant: “Obama Financial Plan Gets Wary Reception From Banks, Lawmakers” LINK

Bloomberg’s Craig Torres: “Fed Opposes Stripping Central Bank of Consumer-Loan Authority” LINK

Newsweek’s Holly Bailey: “Obama: LGBT Benefits Memo “Just a Start”LINK

USA Today’s Andrea Stone: “Gay activists: Federal benefits still lacking”LINK

Politico’s Mike Allen: “NBC: ‘Honeymoon coming to an end’” LINK

Politico’s Andy Barr: “John McCain: President Obama not showing ‘leadership’” LINK

Politico’s Mike Allen: “CBS features President Obama on Father’s Day” LINK

The New York Times’ Jim Rutenberg: “Outcry on Federal Same-Sex Benefits” LINK

The New York Times’ Neil Lewis: “White House Defends Inspector General’s Firings” LINK

The New York Times’ Nicholas Wade: “Obama Plans to Replace Bush’s Bioethics Panel” LINK

The Washington Post’s Steve Vogel: “Gay Couples Express Hope Over Benefits Extension” LINK

The Washington Post’s Scott Wilson: “President Wades Into Gay Issues” LINK

The New York Times’ Jeff Zeleny and Dalia Sussman: “In Poll, Obama Is Seen as Ineffective on the Economy” LINK

The Washington Post’s Binyamin Appelbaum: “Obama Defends Financial Overhaul” LINK

The New York Daily News’ Michael Mcauliff: “President Obama’s plan for financial reforms has many flaws, observers say” LINK

Time Magazine’s Michael Sherer: “On Agenda, Gays Ask, But Obama’s Not Telling” LINK


The Hill’s Reid Wilson and Aaron Blake: “Rising star shoots for Ensign’s job” LINK

The Wall Street Journal’s Jonathan Weisman: “Senate Slate Has Timing Up in the Air” LINK

The Wall Street Journal’s Alicia Mundy and Jared A. Favole: “Committee Spars Over Medical Device Industry Witness” LINK

USA Today: “Ensign quits senate GOP leadership post” LINK

Politico’s Josh Jraushaar: “Madigan’s demands” LINK

The New York Times’ John Broder: “Senate Panel Approves Energy Bill” LINK

The Washington Post’s Paul Kane: “Ensign’s Former Treasurer Acknowledges Affair With Senator” LINK

Washington Post’s Carrie Johnson: “After Stevens Case, Justice Dept. Corruption Unit in Disarray” LINK

Time Magazine’s Karen Tumulty: “A Health Care Reality Check Slows Congress” LINK


ABC News’ Melinda Arons and Tom McCarthy: “Geithner: Govt. Needs Better ‘Crisis Management’ Tools” LINK

The Hill’s Silla Brush: “TARP watchdog to audit GM, AIG daily business” LINK

The Los Angeles Times’ Tom Hamburger and Peter Wallsten: “Dispute grows over TARP chief’s powers” LINK

The Wall Street Journal’s Laura Meckler: “Public Wary of Deficit, Economic Intervention” LINK

Newsweek’s Daniel Gross: “The New Boom-Bust cycle: Will housing prices ever recover?” LINK

USA Today’s David Jackson: “House to cough up money U.S. owes U.N.” LINK

USA Today’s Paul Davidson: “Obama delivers his plan to overhaul financial regulation” LINK

USA Today’s Donna Leinwand: “Budget omits grants for drug programs” LINK

USA Today’s: “U.S. current account deficit drops 34.5% from Q4” LINK

USA Today’s Ieva M. Augstums: “Bernanke invited to testify on Bank of America-Merrill deal” LINK


ABC News’ Elizabeth Gorman: “Daschle Folds on Federal Public Health Care Plan” LINK

ABC News’ Z. Byron Wolf and Huma Khan: “Senate Begins Work on Health Care Legislation, House Republicans Unveil Reform Plan” LINK

The Hill’s Alexander Bolton and Jeffrey Young: “Baucus to ax $600B, GOP derides reform ‘joke’” LINK

The Wall Street Journal’s Greg Hitt and Janet Adamy: “Baucus Backs Off on Timing Of Health-Care Legislation” LINK

Bloomberg’s Laura Litvan and Nicole Gaouette: “Health-Overhaul Bill Faces Possible Delay as Cost Concerns Grow” LINK

The Boston Herald Editorial Staff: “The numbers game” LINK

Politico’s Carrie Budoff Brown and Alex Isenstadt: “Health reform hits Senate speed bumps” LINK

The Washington Post’s Lori Montgomery: “Debate on Health Care Hits Snags At the Start” LINK

The Washington Post’s David Hilzenrath: “Health-Care Cuts Could Shift Costs” LINK

Time Magazine’s Michael Grunwald: “More Data + Less Care = Lower Cost + Better Health” LINK


The Los Angeles Times’ Josh Meyer: “U.S. lacks a strategy to stop arms trafficking to Mexico, report says” LINK

Newsweek’s Maziar Bahari: “Who’s Behind Tehran’s Violence?” LINK

Newsweek’s Foster Klug: “Obama, Lee issue stern warning to NKorea” LINK

USA Today’s Rick Jervis: “U.S. ports set to deal with Cuba” LINK

The Washington Times’ Barbara Slavin: “Mousavi backers plot march” LINK

The Washington Post’s Glenn Kessler: “U.S. Struggling for Right Response to Iran” LINK


The Washington Times’ Edward Felker: “Energy panel OKs bill to drill offshore” LINK

Politico’s Lisa Lerer: “White House will intensify energy push” LINK


ABC News’ Jake Tapper: “President Obama Signs LGBT Partner Benefits Memo” LINK

Politico’s Ben Smith: “Obama: Just a start’” LINK


Boston Herald Op-Ed by Roger Simon: “You betcha Palin retains potential” LINK

USA Today’s Janice Lloyd: “Deaths of high school athletes prompt heat safety guidelines” LINK

USA Today’s Dan Vergano: “Air Force successfully tests high-powered laser in flight” LINK

Politico’s Lisa Lerer and Jonathan Martin: “Rural Democrats differ with Barack Obama” LINK

The New York Times’ James Dao: “Major Military Academies Report Significant Rise in Applicants” LINK

The Washington Post’s Alec MacGillis: “Hope From a Humbler Perch” LINK

Time Magazine’s Joe Klein: “10 Days in Tehran: What I Saw At the Iranian Revolution” LINK

The New York Daily News’ Nancy Dillon and Corky Siemaszko; “Cold-blooded details of Brooklyn Marine and wife’s brutal murder revealed in California courtroom” >LINK



“Obama’s Health Plan Hits Headwinds” LINK

“Obama Becomes Fly Swatter-in-Chief” LINK

“’View’ Rails Against Racism in the GOP” LINK

“Kimmel’s Exclusive ‘Interview’ With Obama” LINK

“Obama’s Regulations: Too Much?” LINK

“Jake Tapper on Obama’s New Rules” LINK

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