Federal Reserve Chairman Ben Bernanke told Congress Wednesday that while the current downturn might be temporary, "a recession is possible." In the latest in a series of reports on school reform in Washington, D.C., and New Orleans, John Merrow checks in with D.C. schools chief Michelle Rhee, who has had to make difficult -- and controversial -- decisions regarding school closures and staff cuts. Momentum grew Wednesday for a Senate bill aimed at easing the slumping housing market and helping families threatened by foreclosure after lawmakers reached a tentative deal on a scaled-back version of the legislation. The architects of the compromise, Senators Chris Dodd, D-Conn., and Richard Shelby, R-Ala., discuss the bill. In the wake of a decisive defeat in Zimbabwe's parliamentary elections on Saturday, President Robert Mugabe faces an uncertain future after 28 years in power. Charlayne Hunter-Gault reports on the situation from neighboring South Africa.moreless
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