Former Virginia governor found guilty in influence-peddling case  

CNN By : Staff Reporting

Virginia Gov. Bob McDonnell and his wife on charges related to influence peddling, concluding a sometimes dramatic trial and derailing the political ambitions of the one-time rising star in the Republican Party.

After more than a month of sometimes soul-baring testimony, the jury issued guilty verdicts on 11 counts against McDonnell, while clearing him on two others. - Full Article

Pay for Eric Cantor's Wall Street Post: $3.4 Million  

WSJ By : Staff Reporting

Eric Cantor plans to join boutique investment bank Moelis as the recently defeated House majority leader embarks on a new career on Wall Street.

Here are the terms of his compensation, as disclosed by Moelis in an SEC filing.

Including all elements of his pay package for this first year, Mr. Cantor’s pay package totals $3.4 million for the remainder of this year through the end of calendar 2015. - Full Article

Democrats Seize on McConnell Shutdown Threat  

NBC News By : Staff Reporting

Democrats are firing back at Senate Minority Leader Mitch McConnell's suggestion that Republicans, if they win control of the Senate, would possibly threaten to shutdown the government to force policy changes from President Barack Obama. - Full Article

Defiant Perry Defends Veto That Led to Indictment  

ABC News By : Staff Reporting

Texas Gov. Rick Perry on Sunday defended the veto that led a grand jury to indict him on two felony counts of abuse of power, noting that even some Democrats have questioned the move by prosecutors.

"I stood up for the rule of law in the state of Texas, and if I had to do it again I would make exactly the same decision," Perry, a potential candidate for the 2016 Republican presidential nomination, said. - Full Article

Hillary Clinton planning to hug it out with Obama  

Los Angeles Times By : Staff Reporting

Former Secretary of State Hillary Rodham Clinton says she hopes she and President Obama can hug it out like friends at a Martha's Vineyard soiree Wednesday -- her attempt to make up for dissing Obama's foreign policy in a magazine interview this week.

Clinton ripped Obama's Syria strategy and dismissed his onetime foreign policy catchphrase as small bore. - Full Article

Cantor to resign from House seat in August  

Washington Post By : Staff Reporting

After a surprise primary election loss, U.S. Rep. Eric Cantor will resign his seat in the House of Representatives months earlier than expected.

The congressman will step down Aug. 18 and ask Virginia Gov. Terry McAuliffe to call a special election to enable his successor to take office immediately, Cantor spokesman Doug Heye said Friday. - Full Article

Blaming the flirtatious wife? Ex-Gov. Bob McDonnell's trial turns tabloid  

Fox News By : Staff Reporting

As governor of Virginia, Bob McDonnell was a savvy southerner often talked about as a hot Republican presidential prospect for 2016. Now he’s fighting to stay out of jail.

The fall-from-grace narrative is a classic one, a rising-star politician who accepted lavish gifts from a rich businessman seeking help from state government. - Full Article

Obama offers to meet Perry over immigration  

CNN By : Staff Reporting

President Barack Obama, on a trip to Texas, responded to Gov. Rick Perry's request for a meeting on the immigration crisis with an invitation of his own.

Obama invited Perry to a meeting together with faith leaders and local officials in Dallas on Wednesday, according to a letter written by Obama's senior adviser Valerie Jarrett. - Full Article

Sen. Robert Menendez seeks probe of alleged Cuban plot to smear him  

Washington Post By : Staff Reporting

Sen. Robert Menendez is asking the Justice Department to pursue evidence obtained by U.S. investigators that the Cuban government concocted an elaborate plot to smear him with allegations that he cavorted with underage prostitutes, according to people familiar with the discussions.

In a letter sent to Justice Department officials, the senator’s attorney asserts that the plot was timed to derail the ­political rise of Menendez (D-N.J.), one of Washington’s most ardent critics of the Castro regime. - Full Article

Hillary Rodham Clinton: By the Book  

NY Times By : Staff Reporting

The former secretary of state and author of “Hard Choices” keeps copies of Republican memoirs like “Faith of My Fathers” and “Decision Points” on her shelves.

What books are you reading right now?

I’ve got a pile of books stacked on my night stand that I’m reading — or hoping to get to soon. I’m usually working on more than one at a time. So right now it’s “The Goldfinch,” by Donna Tartt; “Mom & Me & Mom,” by Maya Angelou; and “Missing You,” by Harlan Coben. - Full Interview

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