Morning Bulletin: Friday, May 22, 2009

(AP Photo/Charles Dharapak)

President Obama will sign the Credit Card Accountability, Responsibility, and Disclosure Act in the Rose Garden this afternoon.

USA Today's Cathy Chu writes, that "in the most sweeping changes to the credit card industry in 40 years, President Obama is expected to sign a bill Friday to restrict practices that consumers say have pushed them deeper into debt."

Newsweek's Michael Hirsch, "Should The Fed Be Wall Street's Watchdog"

"[T]his high-profile, high-priority event clashes with what once was deemed another top presidential priority: Obama's campaign promise that he would "not sign any nonemergency bill without giving the American public an opportunity to review and comment on the White House website for five days," Politico's Carol E. Lee writes.

Earlier in the day, he will deliver the confirmation address at the U.S. Naval Academy in Annapolis, MD. John McCain's son is graduating from the academy today.

CNN, "Lives of McCain, Obama to overlap at Naval commencement"

"President Barack Obama wants to assure graduating midshipmen at the U.S. Naval Academy that he will invest not just in weapons but also in the people who keep the country safe. Obama was to mark the start of the Memorial Day weekend with his final commencement speech of the season Friday at the naval academy in Annapolis, Md," the AP writes.

***On WASHINGTON UNPLUGGED today, Virginia Congressmen Jim Moran and Frank Wolf on Guantanamo detainees; a roundtable with Bob Orr and the Washington Post's Carrie Johnson and "Seeds of Terror" author Gretchen Peters***

Watch at 2pm today at: www.cbsnews.com/washingtonuplugged.

GUANTANAMO

"As President Obama defends his national security strategy, he faces a daunting challenge. He must convince the country that it is in safe hands despite warnings to the contrary from the right, and at the same time persuade the skeptical left that it is enough to amend his predecessor's approach rather than abandon it," the New York Times' Peter Baker writes.

New York Times' Sheryl Gay Stolberg, "Obama Would Move Some Detainees To US"

The Hill's Alexander Bolton, "Senate Dems backpedal on Guantánamo"

OBAMA VERSUS CHENEY

(CBS/AP)

"Former Vice President Dick Cheney made clear on Thursday his disdain for President Obama's "presumption of moral superiority" and the "contrived indignation" from liberal critics of the interrogation techniques he is so strenuously defending. But there was also a culprit that went unmentioned in his speech: the Bush administration, which in its later years began shifting away from some of the policies the former vice president viewed as central to a strong national defense. Then, Mr. Cheney was duty bound to stay silent when he disagreed," the New York Times' Jim Rutenberg writes.

LA Times' Peter Wallsten and Janet Hook, "Obama and Cheney In a Duel For Hearts And Minds"

Washington Post's Michael D. Shear, "Cheney Says Current Policies Put More Americans At Risk"

Boston Globe's Foon Rhee, "Romney Praises Cheney, Zings Obama"

Newsweek's Holly Bailey, "Biden on Gitmo: "It's Like Opening Pandora's Box"

CBS News' Stephanie Condon, "Word Cloud Of Obama And Cheney Speeches"

THE HILL

Wall Street Journal's Ian Talley and Stephen Power, "House Panel Clears Plan To Cut Greenhouse Gasses"

CBS News' Michelle Levi, "GOP In Unison Against Obama On Gitmo"

Politico's Roger Simon, "Pelosi Bewildered But Unbothered"

Time's Anne Flaherty, "House Rejects Probe Into Pelosi CIA Claims"

The Hill's J. Taylor Rushing, "Senate Passes $91 Billion Military Supplemental Bill"

OBAMA ADMINISTRATION

New York Times' Jacques Steinberg, "Animatronic Obama Going to Disney World With High-Tech Style"

The Washington Post's Philp Rucker, "Obama Curtails Bush Policy of 'Preemption'"

BIDEN HEADS TO LEBANON

(AP Photo/Hussein Malla)

AFP, "Biden ends Balkans tour, heads to Lebanon"

Newsweek's Holly Bailey, "Kosovo Hearts Joe Biden"

FUTURE RACES

Christian Science Monitor's Dave Cook, "John Cornyn sees opportunity in 2010, says Cheney could be useful"

2009 VA Governor: Washington Post, "McAuliffe Leads In Polls"

2009 VA Governor: Washington Post, "Moran, Deeds Question McDonnell on Redistricting"

2010 FL Senate: Politico, "Crist Touts Conservative Credentials"

2010 PA Senate: New York Times, "Biden Extols Specter's Virtues In Voter E-mails"

ALSO

Wall Street Journal's Stephanie Simon, "Texas Mayor Trades Job For Romance in Mexico"

AP, "Bush: Its 'Liberating' To Be Out Of Office"

The RNC releases a new Web Ad which plays on 1964's "Daisy" ad and discusses closing Guantanamo.

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