Obama Recess Pick Defeat Clashes With Courts

Jan. 28 (Bloomberg) -- A court ruling that President Barack Obama’s recess appointment of labor board members was illegal in part because the Senate was in session stands against rulings by three sister courts supporting the power, one of which warned that "executive paralysis" would result otherwise. Hans Nichols reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Latest Fed Minutes Point to June Rate Hike
16:04 - Most Federal Reserve officials judged “it would soon be appropriate” to tighten monetary policy again and backed a plan that would gradually shrink their $4.5 trillion balance sheet, according to minutes from the FOMC's May 2-3 gathering. Bloomberg's Chris Condon reports on "Bloomberg Markets." (Source: Bloomberg)
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