Vacant Posts: President Obama said he'll be nominating two men to fill the vacant seats on the Federal Reserve's board, according to The New York Times. The candidates are Harvard economist Jeremy Stein and Jerome Powell, a former private equity executive.
Fighting Back: As the Iowa caucuses draw near, Republican co-front-runner Newt Gingrich attacked his rivals, The Washington Post reports. Former House speaker Gingrich, former Massachusetts Gov. Mitt Romney and the remaining candidates will be barnstorming the state this week.
Happier New Year: Two plaintiffs law firms recently got word that they'll be receiving $300 million in legal fees for their work on a takeover deal, The Wall Street Journal reports. The awards have lawyers chattering about whether the Delaware Court of Chancery has become overly friendly to plaintiffs.
Healthier Families: Publicly funded programs allowed more than 1.2 million children to gain health insurance since 2008, according to The Washington Post. The Obama administration plans to announce today that this is in part because of the efforts of states to make sure that children who are eligible for health care programs are actually signed up.