CNBC.com's News Now: Issa Blames Bernanke

Click here to view today's top stories on your mobile device. Thursday, Jun. 25, 2009     DOW 8472.4 172.54 +2.08%   NASDAQ 1829.54 37.20 +2.08%   S&P 920.26 19.32 +2.14%       NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS     WHAT YOU SHOULD KNOW Rebound In Housing Hampered By Slowdown in 'Short Sales' When Vasco and Mrjama Lukic's American housing dream turned into a nightmare, they managed to escape through a long and complicated process known as a "short sale..." »read more Bernanke Defends His Role In Bank Of America, Merrill Deal Federal Reserve Chairman Ben Bernanke told Congress Thursday he didn't pressure Bank of America into acquiring Merrill Lynch in a deal that ultimately cost taxpayers $20 billion... »read more Unemployment, GDP Paint Picture of Sluggish Economy The economy tumbled at a 5.5 percent pace in the first quarter, but appears to be doing better now, even though heavy layoffs persist... »read more TODAY'S TOP 5 VIDEOS 1. Issa Blames Bernanke  Rep. Darrell Issa, R-Calif., says the Federal Reserve failed to disclose details about its involvement in Bank of America's controversial acquisition of Merrill Lynch, and today Fed Chairman Bernanke will testify before the House Oversight Committee about the deal. Rep. Issa discusses the allegations with CNBC. 2. Bernanke Responds to Issa  Rep. Darrell Issa (R-CA), questions Fed Chairman Ben Bernanke regarding the Federal Reserve's influence in the Bank of America-Merrill deal, and whether the Fed actually tried to cover it up. 3. Texting & Driving: Don't Do It!  CNBC's Phil LeBeau looks at the dangers of texting while driving. 4. El-Erian on the Markets  Mohamed El-Erian, CEO and co-CIO at Pimco, shares his market insight. 5. Obama & Energy  President Barack Obama discusses the Energy Bill working its way through Congress.       TODAY'S TOP BLOG   Texting And Driving Worse Than Drinking and Driving The folks at Car and Driver Magazine have now documented just dangerous it can be. Rigging a car with a red light to alert drivers when to brake, the magazine tested how long it takes to hit the brake when sober, when legally drunk at .08, when reading and e-mail, and when sending a text. The results are scary.»read more »See All CNBC.com Blogs     FIRST IN BUSINESS WORLDWIDE     (c)2009 CNBC Inc. All Rights Reserved 900 Sylvan Englewood Cliffs, NJ 07632

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