Former World Wrestling Entertainment chief executive—and wife of Vince—Linda McMahon won the Connecticut Republican Senate primary yesterday. According to the Courant, she "came on stage to Survivor's 'Eye of the Tiger.'" She said of the Republican Party, "Families don't always get along and don't always agree, but, in the end, they do stand together." This means she'll be vying for Senator Christopher Dodd's seat this fall against Richard Blumenthal, the Democratic candidate and fake Vietnam vet). As Democrats slam her WWE connections, McMahon said she is willing to spend up to $50 million on the race. more ›

Senator Christopher Dodd (D-Connecticut) is set to unveil a financial reform bill that gives more power the Federal Reserve and includes "legislation tougher on financial companies than was expected just a few weeks ago" (Wall Street Journal) and a "new government watchdog for financial consumers [to] be housed within the Fed" (Reuters). And, to make matters more exciting, Politico says, "Neither side will be satisfied by what Dodd's offering, and particularly the left." more ›

President Obama slammed the bonuses handed out by Wall Street firms, calling them "shameful" and the "height of irresponsibility." He was referring to NY State Comptroller Thomas DiNapoli's report on the bonus situation: While total 2008 bonuses were down 44% versus 2007, the $18.4 billion doled out was still the 6th largest bonus year ever. The average bonus was $112,000 per recipient; Obama said, "Part of what we're going to need is for folks on Wall Street who are asking for help to show some restraint and show some discipline and show some sense of responsibility. The American people understand that we've got a big hole that we've got to dig ourselves out of -- but they don't like the idea that people are digging a bigger hole even as they're being asked to fill it up." more ›