memeorandum: Former Ohio Attorney General Picked to Lead Consumer Agency (Binyamin Appelbaum/New York Times)

2:40 PM ET, July 17, 2011

Top Items:

Rebekah Brooks arrested over phone-hacking allegations — Spokesman for Rebekah Brooks says she did not know she was going to be arrested when she handed in her resignation — Rebekah Brooks has been arrested by police investigating allegations of phone hacking by the News of the World …

New York Times:

British Police Arrest Rebekah Brooks in Phone Hacking — LONDON — The British police on Sunday arrested Rebekah Brooks, the former head of Rupert Murdoch's media operations in Britain, according to a former associate at News International, the newspaper group at the heart …

Discussion: The Independent, ThinkProgress, Outside the Beltway, Harry's Place, The Political Carnival and PolitickerNY

Telegraph:

Phone hacking: New body blows for Rupert Murdoch — Rupert Murdoch and his family are facing a series of damaging new allegations over their handling of the phone-hacking scandal. — Rupert Murdoch, leaving News International headquarters in Wapping — A senior Scotland Yard officer …

Discussion: AMERICAblog News and Guardian

BBC:
Rebekah Brooks arrested by hacking police

Discussion: The Daily Dish

Don Van Natta Jr / New York Times:
Stain From Tabloids Rubs Off on a Cozy Scotland Yard

Discussion: Booman Tribune, Guardian, The Wire, New York Magazine, naked capitalism, Gawker, Balloon Juice, msnbc.com, The Reality-Based Community and The Moderate Voice

Reid Wilson / NationalJournal.com:

Congressional GOP Leaders Slowly Convincing Newer Members of Importance of Raising Debt Ceiling — Boehner: He would have to bring newer members of his caucus along for a deal to be struck. — Sometimes your closest allies can become your biggest headaches.

Discussion: Outside the Beltway, Booman Tribune, The Mahablog, New York Times, FrumForum and Los Angeles Times

Alec MacGillis / Washington Post:

Top lawmakers target ‘grand bargain’ for debt plan — Even as President Obama and congressional leaders focus on a fallback plan to lift the nation's debt ceiling, top Democrats and Republicans have begun to map a new way to craft the same sort of ambitious deficit-cutting plan they abandoned last week.

Discussion: Washington Monthly, Crooks and Liars, Zandar Versus The Stupid, Via Meadia, FrumForum and The Hill

Vicki Needham / The Hill:
White House budget director sees progress in debt-ceiling talks

Discussion: The Politico

Robert Pear / New York Times:
G.O.P. Freshmen Say Debt Concerns Them More Than Re-election

Discussion: No More Mister Nice Blog, The Hill and CNN

The Columbus Dispatch:

Cordray is Obama's choice to lead Consumer Financial Protection Bureau — President Barack Obama will nominate former Ohio Attorney General Richard Cordray to head a powerful new consumer protection agency, White House officials said. — At a White House event Monday …

Discussion: Robert Kuttner, Firedoglake, ThinkProgress and The Raw Story

Binyamin Appelbaum / New York Times:

Former Ohio Attorney General Picked to Lead Consumer Agency — WASHINGTON — President Obama said Sunday that he would nominate Richard Cordray, the former attorney general of Ohio, to lead the new Consumer Financial Protection Bureau. — Mr. Cordray came to national attention …

Discussion: A plain blog about politics and The Political Carnival

Ylan Q. Mui / Washington Post:
Consumer agency won't be led by Elizabeth Warren, source says

Discussion: Political Punch, The Daily Caller, Fred Klonsky's blog, Hot Air and FrumForum

David Leonhardt / New York Times:

We're Spent — THERE is no shortage of explanations for the economy's maddening inability to leave behind the Great Recession and start adding large numbers of jobs: The deficit is too big. The stimulus was flawed. China is overtaking us. Businesses are overregulated. Wall Street is underregulated.

Discussion: Don Surber, Daily Kos, Prairie Weather, Calculated Risk, Vox Popoli and Swampland

Jason Clayworth / Iowa Caucuses:

Texas' Rick Perry starting to feel ‘called’ to run for president — The Texan with the slight Southern drawl who has called dozens of top Iowa Republican activists in the past few weeks sounds more and more like he's about to run for president. — “I'm not ready to tell you that I'm ready …

Discussion: The Note, Little Green Footballs, The Caucus, The Raw Story and The Daily Caller

Manu Raju / The Politico:

Cain: Americans should be able to ban mosques — Herman Cain says voters across the country should have the right to prevent Muslims from building mosques in their communities. — In an exchange on “Fox News Sunday,” the Republican presidential contender said that he sided …

Discussion: Weasel Zippers, The Reaction and Outside the Beltway

Tanya Somanader / ThinkProgress:
Herman Cain: Americans Have The Right To Ban Mosques

Discussion: The Daily Caller

Jennifer Rubin / Washington Post:

David Brooks: The scary and sloppy case for rationing — David Brooks of the New York Times likes to fancy himself as a truth-seeker, bringing social and hard sciences to the masses. But in his Friday column on health care and death, he makes some shocking and inaccurate assertions.

Discussion: Economist's View and Betsy's Page

Gschwarzcnn / CNN:

TRENDING: Giuliani to GOP: Stay out of gay marriage — (CNN) - He may not agree with the vote in New York to legalize gay marriage, but former New York City Mayor Rudy Giuliani said the Republican Party should butt out of the bedroom and stick to fiscal policy.

Discussion: ThinkProgress and Towleroad News #gay

Gschwarzcnn / CNN:
Giuliani makes his presidential case

Discussion: Alan Colmes' Liberaland

Jane Fonda:

QVC Cancelled My Appearance!! — I was to have been on QVC today to introduce my book, “Prime Time,” about aging and the life cycle. The network said they got a lot of calls yesterday criticizing me for my opposition to the Vietnam War and threatening to boycott the show if I was allowed to appear.