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Eight Democratic presidential candidates participate in a debate in New Hampshire. Sen. Hillary Clinton, the top contender, was politely pressed by rivals. She did her best to avoid being pinned down on questions about Iran, Social Security and baseball.

New numbers out Wednesday are expected to show the inflation rate in June was just over 3%. That's a big improvement from this time last year, when inflation topped 9%.

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.

Tom Daschle, President Barack Obama's pick to head the Department of Health and Human Services, withdrew his nomination Tuesday amid a controversy over his taxes. Also Tuesday, Nancy Killefer withdrew her nomination for the post of chief performance officer after bungling payroll taxes.

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.