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House Democrats agree on higher fuel standards

WASHINGTON (Reuters) - Democrats in the US House of Representatives agreed on Friday on a bill to raise automotive fuel efficiency standards by 40 percent by 2020 but set separate rules for cars and light trucks as a concession to Detroit automakers.

Debate begins on U.S.-Peru free trade agreement

WASHINGTON (Reuters) - The US Senate began debate on Monday on a free trade agreement with Peru the Bush administration hopes will be its first legislative trade victory since Democrats took control of Congress in January.

Senate leaders see chance for farm bill vote

WASHINGTON (Reuters) - A month-long impasse over amendments to a five-year US farm subsidy bill is near resolution, Senate Majority Leader Harry Reid said on Monday, as Congress began its final three weeks of the 2007 session.

Obama and Huckabee look to rewrite Iowa script

DES MOINES, Iowa (Reuters) - One month before Iowans kick off the long march to the November 2008 election, Democrat Barack Obama and Republican Mike Huckabee are threatening to turn the tense US presidential race upside down.

Lawmakers to probe FCC "transparency" concerns

WASHINGTON (Reuters) - A key House lawmaker said on Monday he would launch an investigation into complaints about the way the US Federal Communications Commission is being run by FCC chairman Kevin Martin.

Sen. Clinton proposes moratorium on foreclosures

WASHINGTON (Reuters) - Democratic presidential hopeful Hillary Clinton proposed on Monday a 90-day moratorium on home foreclosures to give financially troubled borrowers time to work with lenders and avoid losing their homes.

In Iowa, Clinton doubts Obama's political courage

DES MOINES, Iowa (Reuters) - Democratic presidential candidate Hillary Clinton questioned rival Barack Obama's political courage on Monday, accusing him of dodging difficult fights and ducking the Senate's recent vote on a resolution to get tough on Iran.

Rice plans to name Wolfowitz to advisory panel

WASHINGTON (Reuters) - Paul Wolfowitz, forced to resign from the World Bank because of his role in obtaining a high-paying promotion for his companion, is slated to chair a US State Department advisory panel on arms control, a US official said on Monday.

Huckabee visits Iowa in new role as leader of pack

JOHNSTON, Iowa (Reuters) - Republican Mike Huckabee visited Iowa on Monday in the unaccustomed role of a leading presidential contender, and said his surging campaign was fueled by ordinary people who see him as their champion.

Senators probe surprise credit card rate rises

WASHINGTON (Reuters) - As consumers whip out their credit cards for another holiday shopping binge, a US Senate panel on Tuesday will examine surprise interest rate increases, even for cardholders who scrupulously make payments on time.