"No violation of the public's trust will be tolerated," President Bush said, pledging federal vigilance in prosecuting corporate wrongdoers. Executives who commit fraud will face financial penalties or even jail time, Bush said Saturday in his weekly radio address. He called for rules and laws "to restore faith in the integrity of American business." His comments came in the wake of multibillion-dollar accounting scandals at WorldCom, Enron, and other major corporations. The White House and congressional Republicans are at odds with Democrats, however, on the details of proposed reforms.
The US is not dealing with Palestinian leader Yasser Arafat at the moment, and doesn't expect to, Secretary of State Powell told "Fox News Sunday." In a separate appearance on CBS's "Face the Nation," Powell said Arafat "did not seize opportunities to bring violence [against Israelis] under control." Bush said last week that any deal on Palestinian statehood would hinge on reforms, including a new leadership.
Bush "feels great" and resumed his presidential duties after handing over power to Vice President Cheney for about two hours Saturday, press secretary Ari Fleischer said. The transfer was a precautionary measure while Bush underwent a routine medical test for cancer. No problems were found, Fleischer said. The only previous such transfer was in 1985, when Bush's father, then vice president, briefly took over during a medical procedure on President Reagan.
A suspect accused of starting one of two massive wildfires in Arizona was to be arraigned at a court in Flagstaff Sunday. The suspect is a firefighter with the Bureau of Indian Affairs, the Arizona Republic newspaper reported. The blaze erupted June 18 near the town of Cibecue and merged with the second fire. Together, they've destroyed 452,000 acres and more than 400 homes.
If you have letters to mail, the cost is now 37 cents. The 3-cent increase for a first-class stamp was approved in February and took effect yesterday. In addition, postcard stamps rose 2 cents, to 23 cents, and express mail costs $13.65, up $1.20.
Singer Rosemary Clooney, who died Saturday in Beverly Hills, Calif., had a career that spanned more than five decades and three different media. She first gained fame with the 1951 hit "Come On-a My House," and received a special lifetime Grammy award earlier this year. She also costarred with Bing Crosby in the film classic "White Christmas," and appeared in 1994 as a guest on network television's "ER," alongside her nephew, actor George Clooney.