White House Aide Resigns Over Flyover

WHITE HOUSE

Obama accepts resignation of Military Office Director Caldera, who signed off on last month's Air Force One photo op over NYC.

"It has become a distraction in the important work you are doing as president." Caldera's letter to the president here (pdf).

Obama's statement here and internal review here (pdfs).

Earlier: Sec. Gates apologizes for incident.

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Timing Is Everything

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White House Press Secretary Gibbs says there will be no Supreme Court nominee next week either.

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Surprise Sidwell Visit

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Obamas make unannounced stop at 10-year-old Malia's campus on Wisconsin Ave. Friday afternoon.

Pool report here.

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Obama to Address the Muslim World from Egypt

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The president will deliver a speech targeted to Muslims in Cairo on June 4.

White House says he picked Egypt because it "in many ways represents the heart of the Arab world."
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Banks Get to Work After Stress Tests

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Wells Fargo, Morgan Stanley each tap the markets for $7.5 billion worth of capital Friday, hoping to help ease regulators' concerns.

STRESS TEST RESULTS: Bank-by-bank list of how they did.
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Pelosi Insists She Didn't Know About Waterboarding

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The Speaker disputes the accuracy of a CIA report that says she was briefed on the interrogation tactic. Read her statement here. Permalink

Goldman CEO: Economy “A Lot Better Today”

Lloyd Blankfein tells shareholders Friday the economy is in better shape than it was last fall and sees "reasons for optimism" going forward.

Adds the firm plans to repay its $10 billion government loan “soon.” Permalink

Auto Suppliers Ask for Help

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Motor & Equipment Manufacturers Association sends letter to Congress requesting financial assistance to parts suppliers.

Says the industry's supply base could be threatened by GM, Chrysler factory shutdowns this summer. Permalink

POLAR BEAR SURPRISE

Associated Press: Interior Department is letting Bush administration regulation limiting protection of polar bears from global warming stand.

Salazar is expected to announce decision Friday. Congress had given him authority to rescind the rule. Permalink

ON THE SUNDAY SHOWS

Various Networks

Meet the Press: Afghan President Karzai, Pakistan President Zardari

Face the Nation: Former VP Cheney

This Week: Sen. McCain, National Security Adviser Jones. Roundtable with Robert Reich, Cokie Roberts, Sam Donaldson and George Will.

Fox News Sunday: Former Speaker Gingrich

State of the Union: Gen. Petraeus Permalink

Another Burger Break

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The First Lady drops by Spike Mendelsohn's "Good Stuff Eatery" on Pennsylvania Avenue for lunch.

Comes after her husband and the VP went to Virginia earlier in the week for burgers. Permalink

More Strife for Notre Dame

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Prominent Archbishop blasts Obama's "anti-life and anti-family agenda," calls university's commencement invitation "the greatest scandal."

Plus: Former Illinois U.S. Senate candidate Alan Keyes arrested at Notre Dame protest of Obama's address. Permalink

Syria Sanctions

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Obama administration decides to renew economic, diplomatic sanctions on the nation.

Comes despite two U.S. envoys currently in Damascus exploring prospects for improved relations. Permalink

Live Long and Prosper, Mr. President

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“Star Trek” actor Nemoy tells the NY Times Obama put his hand up in the famous Vulcan hand gesture when they met a few years ago.