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Sep 30, 201305:04 PM

Cheat Sheet: September 30, 2013

Obama not resigned to government shutdown

President Barack Obama said he hasn’t given up hope for a deal to avert a government shutdown tonight. “I am not at all resigned” to a government shutdown, Obama said after a meeting with Israeli Prime Minister Benjamin Netanyahu. Obama said he would be calling congressional leaders today and is expected to speak about the budget stalemate before a Cabinet meeting scheduled for this afternoon. He made it clear that he blames House Republicans for the looming shutdown. (Source)

Bank president’s son gets 8 years in prison for fraud

Troy Brandon Woodard, 37, was sentenced today to eight years in federal prison for his role in a conspiracy that led to the collapse of Bank of the Commonwealth, which his father ran for decades. Woodard told the judge of the “regret that I feel for the decisions that brought me here.” Woodard worked as vice president of a bank subsidiary when he began investing in real estate with bank loans. He was convicted at trial earlier this year of conspiring to defraud the bank and three counts of unlawful participation in a loan. (Source)

Hampton mayor takes on White House job

The City of Hampton announced Monday it will bid farewell to Mayor Molly Joseph Ward this week as she takes on a new position at the White House as a Special Assistant to the President and Deputy Director for the Office of Intergovernmental Affairs where she will lead White House engagement with mayors, county and municipal officers across the country. Ward has served as mayor of Hampton for more than five years and will step down from her position on Friday. Hampton City Council will appoint an interim replacement for Ward. (Source)

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