George P. Bush moves toward running for office in Texas

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WHAT YOU MIGHT HAVE MISSED: 

* CIA Director David Petraeus resigned Friday, revealing that he had an extramarital affair. "Such behavior is unacceptable, both as a husband and as the leader of an organization such as ours," Petraeus wrote in a letter to the CIA work force. Petraeus informed President Obama of his decision in a Thursday meeting.  

* In his first public remarks since returning to Washington after being reelected on Tuesday, Obama called on Congress to freeze tax rates for most Americans, and argued the election was an affirmation of his view that the richest Americans must pay more in taxes. Meanwhile, House Speaker John Boehner said Republicans would stand against tax increases on anyone. 

* Rep. Steve King (R-Iowa) is not ruling out a 2014 Senate run, but says any decision on whether he's run would be premature at this point. “I know that’s something that is on the horizon,” King said, adding, “but I think there are some decisions that need to be made before I could comment on that.” Sen. Tom Harkin (D) is up for reelection in 2014 and might potentially retire. 

* George P. Bush, the son of former Florida governor Jeb Bush (R), filed a campaign treasurer appointment in Texas, which is required of anyone planning to run for state office. It's not yet clear what office Bush might be exploring. 

WHAT YOU SHOULDN'T MISS:

* Former congressman Chris Shays (R-Conn.) blasted Republican Senate nominee Linda McMahon's campaign in a new interview. "The people advising her were thrilled to take her money, but they knew this was a long shot,’’ said Shays, who lost badly to McMahon in the primary. McMahon's campaign manager Corry Bliss responded with his own barbs, saying: “Congressman Shays is a classless, bitter sore loser who should do the people of Connecticut a favor and keep his mouth shut and move back to Maryland. ... “However, I would like to offer a portion of my salary to be used to pay for the psychiatric care that Congressman Shays desperately needs. And lastly, I know that Congressman Shays has dreams of running for governor, and I will keep my opposition research book under my pillow with the hopes of being able to use it, pro bono, if he launches another failed campaign.’’

* The Supreme Court will review of a part of the Voting Rights Act that that requires states and localities with a history of discrimination to obtain federal approval for voting law changes. 

* The Senate's "gang of eight" will meet next week to asses where they are on the prospects of a long-term debt deal. 

* Senior Senate Democratic aides say Sen.-elect Elizabeth Warren (D-Mass.) would be a logical fit for the Senate Banking Committee. Senate Majority Leader Harry Reid most likely won't start the process of considering committee assignments until 2013. 

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