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Roland Burris, Illinois Gov. Rod Blagojevich's pick to fill President-elect Barack Obama's Senate seat, will be seated in the Senate. The Senate's two top Democrats, Harry Reid and Dick Durbin, dropped their opposition to Burris being seated.

Sen. Hillary Clinton is scheduled to testify Tuesday before the Senate Foreign Relations Committee, which will decide whether to recommend to the full Senate that she be the next secretary of state. Clinton is expected to face tough questions from the committee's right flank, but not any major hurdles to confirmation.

Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke testified before the Senate Banking Committee Tuesday about the $700 billion rescue plan for the financial sector. They stressed that it was urgent that lawmakers pass the bill this week. Many committee members were not swayed.

President Obama announced stricter rules on executive compensation at banks receiving "exceptional" levels of aid from the federal government. Some executives will have their annual salary capped at $500,000. Anything above that would have to be paid in stock that won't vest until the firm has paid back its government loans.

With just eight days left in office, President Bush looked back over eight years in office and talked about his joys and disappointments in his final White House news conference. He also had words of encouragement for his successor, Barack Obama.

Peter Antonacci, the head of Florida's elections fraud office, had just left a heated meeting when he collapsed in the hallway of the governor's office, according to a newly released investigation.

The United Nations has appointed a new envoy to continue the investigation into the assassination of former Lebanese Prime Minister Rafiq al-Hariri last February. The initial report last fall implicated top Lebanese and Syrian security officials in Hariri's killing.

A Chinese coast guard ship and one of its militia vessels separately bumped a Philippine coast guard ship and a military-run supply boat Sunday off a disputed shoal, Philippine officials said.

President Biden is to hold his first in-person meeting with China's leader, Xi Jinping, in California on Wednesday. The two leaders have a lot to discuss when they sit down.

House Judiciary Committee Chairman Jim Jordan, R-Ohio, has been nominated as the speaker designate in a closed-door meeting of House Republicans.