U.S. Justice Department (DOJ)

1:28am

Thu December 13, 2012
Planet Money

Will A $1.9 Billion Settlement Change Banks' Behavior?

Originally published on Thu December 13, 2012 9:55 am

Ben Stansall AFP/Getty Images

If a kid does something bad and you want to discipline him — give him a timeout, say, or take away a toy — there are some basic principles that seem to work.

The punishment needs to happen quickly after the bad behavior. And it needs to be significant enough to get noticed. Those rules aren't just for kids; they need to hold true for any type of punishment to be effective.

But if you're a federal regulator punishing a bank, it can be tough to be swift enough and to levee a penalty that's severe enough to make a difference.

Read more

1:26am

Thu December 13, 2012
It's All Politics

Report On CIA Interrogation Tactics Revives Torture Debate

Originally published on Thu December 13, 2012 7:03 am

Sen. Dianne Feinstein, D-Calif., and Sen. Saxby Chambliss, R-Ga., have opposing views about a report detailing CIA detention and interrogation practices.
Alex Wong Getty Images

In a closed-door meeting Thursday, lawmakers will consider whether to approve a secret report that chronicles CIA detention and interrogation practices — including methods that critics have compared to torture.

That report — along with the release of a new movie about the hunt for Osama bin Laden — is rekindling an old debate about whether those methods worked.

Read more

12:35am

Wed December 5, 2012
It's All Politics

Is A Recess Appointment Valid If The Senate Says It's Not Really Gone?

Originally published on Wed December 5, 2012 7:09 am

The Senate side of the U.S. Capitol.
Win McNamee Getty Images

In a tug of war between President Obama and Congress, a federal appeals court panel in Washington, D.C., will hear arguments Wednesday on the legality of Obama's controversial recess appointments.

The White House says it was forced to install three new members of the National Labor Relations Board in January because of inaction by Senate Republicans. But those lawmakers argue the Senate wasn't really in a recess at the time.

Read more

5:49am

Thu November 15, 2012
The Two-Way

BP Pleads Guilty, Will Pay $4 Billion In Criminal Penalties For Gulf Oil Spill

Originally published on Thu November 15, 2012 4:32 pm

The Deepwater Horizon oil rig burned on April 21, 2010.
U.S. Coast Guard Getty Images

Update at 11:30 a.m. ET: Oil giant BP has agreed to plead guilty to criminal misconduct related to the 2010 Gulf Oil spill and will pay a record $4 billion in criminal penalties, the company just confirmed. And it will pay $525 million in civil penalties in a resolution with the Securities and Exchanges Commission. BP will make the payments over six years.

Read more

1:14am

Tue November 13, 2012
National Security

The FBI's Role In The Petraeus Investigation

Originally published on Tue November 13, 2012 10:40 am

Members of Congress want to know why they didn't know more about the investigation involving former CIA Director David Petraeus, seen here testifying on Capitol Hill on Feb. 2.
Cliff Owen AP

In Washington scandals, the question is usually what the White House knew.

But in the case of former CIA Director David Petraeus, lawmakers are asking why President Obama did not know about a federal investigation that had found evidence Petraeus was having an affair.

Read more

Pages