The Fed: President Obama defended the Larry Sommers as a potential option for the chairman of the Federal Reserve. Reuters reports that Obama held a closed-door meeting with Democrats to quell fears that Sommers did not do enough in seeking stimulus funds from Congress in 2009.
The Fees: A federal judge in Washington struck down debit card rules imposed on by the Federal Reserve that inappropriately inflated fees. The National Law Journal's Zoe Tillman reports.
The Guns:A federal appeals court upheld a New Jersey law requiring residents to demonstrate a "justifiable need" to obtain a permit to carry a handgun in public. Boomberg reports.
The NSA: The director of the National Security Agency asked a room filled with more than 3,000 cybersecurity specialists to help protect the country and protect privacy. Among the crowd in Las Vegas are some of the world's best hackers. The Washington Post reports that some among them were skeptical.