Frontpage: Jan. 4th (We slept in today!)
- Obama to Make Big Recess Appointment: In defiance of Republican warnings, President Obama will appoint Richard Cordray, the former attorney general of Ohio, head the Consumer Financial Protection Bureau.
- Bachmann Drops Out: It’s over for Bachmann, to the tune of Train’s “Soul Sister.”
- Perry: ‘Here We Come South Carolina’: While Bachmann has bowed out, Perry is pushing on after his loss in Iowa. Skipping New Hampshire, Perry is heading for the Palmetto State.
- Santorum Gets a Boost in NH Poll: Santorum’s support jumped from 5% to 10% in a recent poll of 554 likely Republican voters in New Hampshire.
- U.S. Engages Muslim Brotherhood: As the Muslim Brotherhood looks like it may win a majority in Egypt’s Parliament, the Obama administration has begun to make diplomatic overtures, including through recent high-level meetings.
Photo: Richard Cordray, center, will be named director of the Consumer Financial Protection Bureau. (Doug Mills/The New York Times)