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This is a box week in review I'm and -- again with some of the biggest stories.
Covered by Fox News during the week of July 13.
Ahead of the nation's Central Bank says he knows American families -- -- a rough time Ben Bernanke went before congress.
-- the nation's economic woes.
He said the lowering of consumer prices it's a top priority.
The Fed Chairman also said the struggling mortgage giants Fannie Mae and Freddie Mac -- quote.
In no danger of failing however Bernanke said stronger regulatory oversight of the two companies is needed.
Fannie Mae and Freddie Mac hold or guarantee more than five trillion dollars in mortgages it's almost half of the nation's total.
Fannie and -- troubles came on the heels of the failure of the southern California bank indymac.
The bank with seized by federal regulators touching off -- long lines of people trying to withdraw their money.
Now those customers are having problems -- confident indymac cash your -- at other banks.
Some banks refused to accept them at all while others except them but only with an extended hold period.
More trouble for a major automaker.
General Motors announced a plan to cut costs by ten billion dollars.
Suspend its common stock dividend and sell assets worth up to four billion dollars.
GM is trying to survive the deep industry slump and losses of 51 billion dollars over the past three years.
The cuts are expected to include thousands of jobs.
On Monday President Bush lifted an executive order -- offshore oil drilling in the Gulf of Mexico.
The Arctic National Wildlife Refuge and the green river basin of Colorado Utah and Wyoming.
That touched off a battle in congress.
The Democrats failed to -- up enough votes to pass -- measure.
Calling for oil companies to drill on federal leases they already hold.
-- turned out to be a profitable month for presidential campaign fundraising.
Democrat Barack Obama with a clear winner raising 52 million dollars.
Obama and the Democratic National Committee and in -- with a combined total of more than 92 million dollars.
Some of that cash may be used for Obama's planned trip to the Middle East and -- -- Republican John McCain reported raising more than 22 million dollars in June his best month of the year.
-- that didn't match Obama's take McCain and the Republican National Committee started July with about 95 million dollars on hand.
New developments emerged in the case of -- murder North Carolina woman.
Nancy Cooper's two daughters were placed in the custody of her family not with her husband Brad.
In an emergency custody request Nancy Cooper's parents charged that Brad not only -- -- recent affair.
But -- poses a physical threat to the girl.
-- however has not been named a suspect in the case Nancy -- vanished last weekend her husband says she disappeared while out jogging.
Her body was found on Monday.
Police say there's no person of interest or suspect in the case.
President Bush check out the wildfires in California and -- federal health.
More than 2000 separate -- have erupted in the Golden State.
Since a major lightning storm on June 21.
Acres have burned a state of emergency has been declared in twelve counties.
More than 25000.
Firefighters from 41 states and several foreign countries are battling the flames.
In -- for Americans were among 45 people injured during the eight day running of the bulls in Pamplona.
The annual event is the highlight of the centuries old stand -- festival.
Thousands turn out each day to watch six -- and it happens tears run industry -- the bull ring.
President Bush led hundreds of mourners Thursday at the funeral of his Press Secretary.
Tony Snow died last weekend after a long battle with cancer.
The president said -- remember -- sense of humor and love of family saying his life was far too grief.
Tony Snow was 53.
Mourners included his former colleagues at Fox News.
And check out some great pictures from the red planet on foxnews.com.
Images from the US and European spacecraft appeared at court believe there once enough water on Mars to support life.
The pictures were taken in a region believed to be one of the largest sources of water on Mars.
And that's -- week -- review some of the many stories covered by Fox News during the week of July 13 2008.
Things are -- and I'm Anna Gilligan.
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