Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.
- Mitt Romney finds trouble in Michigan over his opposition to the auto industry rescue. [The Associated Press]
- The Obama administration eyes an employer payroll tax break. [Bloomberg]
- Gov. Andrew Cuomo (D-NY) proposes raising the retirement age for New York’s public workers. [The New York Times]
- Due to their shoddy performance, “three of the nation’s largest mortgage servicers will no longer receive payments tied to their participation in the Obama administration’s main foreclosure prevention initiative.” [The Washington Post]
- “A large majority of Americans say the U.S. economy would probably suffer serious harm if Congress fails to give the federal government more borrowing authority. But barely half support raising the government’s debt limit, even if lawmakers also sharply cut spending,” according to a new Washington Post-ABC News poll. [The Washington Post]
- The Obama administration is considering nominating Raj Date, a top aide to Elizabeth Warren, to be the first director of the Consumer Financial Protection Bureau. Warren is currently setting up the Bureau as a special assistant to the President. [The Wall Street Journal]
- The AFL-CIO would rather Warren receive a recess appointment: “No matter who gets the recess appointment of President Obama, Republicans have made it clear they’ll scream and holler. This reflects a sorry state in our politics — but it’s also a historic opportunity to recess appoint Elizabeth Warren.” [The Hill]
- U.S. regulators are looking into “whether Goldman Sachs Group Inc. and other financial firms might have violated bribery laws in dealings with Libya’s sovereign-wealth fund.” [The Wall Street Journal]
- For-profit colleges heavily lobbied the Office of Management and Budget before the administration released watered-down new rules for the industry. [The Hill]
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