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News Summary: House OKs student loan-market link

VETO THREAT: House lawmakers approved legislation that links student loan rates to the ups and downs of the financial markets despite opposition from Democrats and a veto threat from President Barack Obama. Full story

NC Senate spending plan given initial OK

The North Carolina Senate gave initial approval Wednesday to a state budget proposal after a fierce partisan debate in which Democrats accused the plan's Republican authors of choosing tax reductions over restoring cuts to education, health and rural development. Full story

Priebus: You don't plead the Fifth if you've done nothing wrong

   RNC Chairman Reince Priebus joins Morning Joe to discuss the IRS' scrutiny of Tea Party groups, the current hearings, Sen. Ted Cruz's recent comments on the budget and IRS official Lois Lerner's pleading of the Fifth.

Immigration reform and LGBT rights: Giving ground to get rights?

   In a 13-5 vote, the Senate Judiciary Committee approved a bill that would overhaul immigration but at the expense of gay and lesbian couples. Is it one step backward, two steps forward when it comes to immigration? The NOW panel discusses.

IRS Targeting Scandal

   Discussing today's IRS hearing on the targeting scandal, and whether Lois Lerner was behind these attacks, with Rep. Peter Welch (D-VA); Rep. Jim Jordan (R-OH); Gov. Tom Corbett (R-PA); and Austan Goolsbee, Chicago Booth School of Business.

Justice Department tells lawmakers no bank is too big to jail

WASHINGTON (Reuters) - A Justice Department official insisted on Wednesday that no financial company is too big to jail, in the department's latest effort to backpedal from statements made in March by Attorney General Eric Holder. Full story

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Italy to outline youth jobs plan as government struggles

Arkansas state treasurer resigns in face of federal charges

Democrats call for controls on tax-exempt groups at IRS hearing

The 7 Weirdest Things Made By 3D Printing

Democrats make last push in primary to be mayor of Harrisburg, Pennsylvania

O'Malley using agenda, fundraising to explore 2016

Canton Dems prep for mayoral runoff

White House to brief Democrats on economy on Tuesday

Video

  Rep. Delaney: How Will Grand Bargain Impact Policy

Ben Bernanke lays out his ideal scenario in unwinding the Fed's current stimulus policies to Rep. John Delaney, (D-MD). And, Rep. Richard Hanna, (R-NY), wants to know how much of the unemployment rate is "structural," and how much is "cyclical."

  Sen. Casey: How to Simplify the Tax Code

Sen. Robert Casey, (D-PA), asks the Fed Chairman if he can see any way to reach a bipartisan solution to reforming the current tax law. The ideal solution is to "broaden the base" and "lower the tax rate," Bernanke said.

  Scarborough: If S.C. votes for Sanford, won't NYC forgive Weiner?

Former Rep. Anthony Weiner, D-N.Y., who resigned in 2011 after lewd online behavior, announced on Wednesday in a new political ad he was entering the New York City mayoral race. Politico's Mike Allen and Jim VandeHei and NBC News' Chuck Todd join the discussion.

  How is the Obama administration handling the Oklahoma tragedy?

The president is dealing with yet another natural disaster, even as his administration is facing withering fire on several fronts. Former Sen. Tom Daschle, D-S.D., discusses.

  Apple's CEO Arrives on Capitol Hill

Tim Cook smiled as he arrived to give testimony before a Senate committee, reports CNBC's Eamon Javers. And Sen. Rand Paul (R-KY) and Sen. Carl Levin (D-MI) disagree on whether Congress should apologize for "bullying" one of America's "greatest success...

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Members Of Congress Discuss New Legislation To Combat Sexual Assaults In Military
Members Of Congress Discuss New Legislation To Combat Sexual Assaults In Military

WASHINGTON, DC - MAY 23: U.S. Sen. Claire McCaskill (D-MO) , Sen. Susan Collins (R-ME) , Rep. Michael Turner (R-OH) and Rep. Niki Tsongas (D-MA) speak to members of the press during a news conference May 23, 2013 on Capitol Hill in Washington, DC. The legislators will introduce a bipartisan, bica

SPD leader Gabriel and German President Gauck welcome French President Hollande to ceremony marking 150th anniversary of foundation of Germany's social democratic party in Leipzig
SPD leader Gabriel and German President Gauck welcome French President Hollande to ceremony marking 150th anniversary of foundation of Germany's social democratic party in Leipzig

The leader Social Democratic Party Sigmar Gabriel and German President Joachim Gauck welcome French President Francois Hollande to a ceremony marking the 150th anniversary of the foundation of Germany's social democratic party in Leipzig, May 23, 2013. REUTERS/Thomas Peter (GERMANY - Tags: POLITICS

German Chancellor Merkel, SPD leader Gabriel and French President Hollande attend ceremony marking 150th anniversary of foundation of Germany's social democratic party in Leipzig
German Chancellor Merkel, SPD leader Gabriel and French President Hollande attend ceremony marking 150th anniversary of foundation of Germany's social democratic party in Leipzig

German Chancellor Angela Merkel, the leader Social Democratic Party Sigmar Gabriel and French President Francois Hollande (L-R) attend a ceremony marking the 150th anniversary of the foundation of Germany's social democratic party in Leipzig, May 23, 2013. REUTERS/Thomas Peter (GERMANY - Tags: POL

French President Hollande delivers a speech at ceremony marking 150th anniversary of foundation of Germany's social democratic party in Leipzig
French President Hollande delivers a speech at ceremony marking 150th anniversary of foundation of Germany's social democratic party in Leipzig

French President Francois Hollande delivers speech at a ceremony marking the 150th anniversary of the foundation of Germany's social democratic party in Leipzig, May 23, 2013. REUTERS/Thomas Peter (GERMANY - Tags: POLITICS ANNIVERSARY)