Newsmaker: Republican maverick Hagel forged bond with Obama over Iraq

WASHINGTON (Reuters) - From his lonely position as an early Republican critic of the Iraq war, former Nebraska Senator Chuck Hagel sometimes lectured his more timid Senate colleagues. "If you wanted a safe job, go sell shoes," he told them. Now Democratic President Barack Obama, putting together his team for his second term, is poised to choose the intensely independent thinker to run the ...

Senate confirms Galante as FHA chief despite losses

WASHINGTON (Reuters) - The Senate on Sunday confirmed the head of the Federal Housing Administration in her position despite mounting losses the mortgage funding agency that some fear could eventually lead to a taxpayer bailout. In a 69-24 vote, the Senate confirmed Carol Galante as an assistant secretary of the Department of Housing and Urban Development. Galante, a former affordable housing ...