cents, shortly after the Fed’s statement, beforerecovering to nearly unchanged on the day. “There was that risk out there that the Fed could start toincrease its monetization of government debt, which is never agood thing for a currency. That risk has lessened a little bitso it has provided support for the U.S. dollar at the expenseof the Canadian dollar and other currencies,” said Gregory. The Fed repeated they will evaluate the timing and size ofpurchases of securities in light of the evolving outlook. Fordetails, see [ID:nN24478373] Canadian bond prices were lower across the curve, in linewith their U.S counterparts, following the Fed announcement.U.S.

bond investors were disappointed that the central bank didnot extend programs for buying longer-dated Treasuries andmortgage-backed securities. (Reporting by Ka Yan Ng; Editing by Jeffrey Hodgson) Currencies Bonds. June 24 (Reuters) – South Carolina Governor Mark Sanford onWednesday admitted to having an affair and being unfaithful tohis wife, and said he was resigning as chairman of theRepublican Governors’ Association. Bonds Following are some other sexual scandals involvingprominent U.S. politicians in the last five years: — June 2009: Nevada Republican Senator John Ensignadmitted having an extramarital affair with a female member ofhis campaign staff.

— August 2008: Former Democratic vice presidentialcandidate and North Carolina Senator John Edwards admittedhaving an affair with a former campaign worker Rielle Hunter.His wife Elizabeth has been ill with breast cancer. — March 2008: New York Democratic Governor Eliot Spitzerresigned after it was reported that he was a client of aprostitution ring under investigation by federal authorities. — August 2007: Idaho Republican Senator Larry Craig wasarrested for alleged homosexual lewd behavior in a men’s toiletat the Minneapolis airport He pleaded guilty to disorderlyconduct. — July 2007: Louisiana Republican Senator David Vitter wasidentified as a client of the so-called “D.C Madam,” a womanconvicted of running a prostitute service. — September 2006: Mark Foley, a Republican member of theHouse of Representatives from Florida, resigned after a TVnetwork reported he had sent sexually explicit messages tocongressional pages who were minors. — August 2004: New Jersey Democratic Governor JimMcGreevey resigned after admitting to a homosexual liaison withhis homeland security adviser.(Writing by Alan Elsner in Washington, editing by VickiAllen) Bonds.

WASHINGTON (Reuters) – A nationwide health insurance exchange that includes a Medicare-like government option could save $1.8 trillion more than if only private plans are offered, a prominent private U.S health policy group said on Wednesday. U.S.  |  Barack Obama  |  HealthFederal spending on health-related costs would still rise from 2010 to 2020, but they would be less with a plan that pays doctors and hospital rates similar to the Medicare program for the elderly and disabled, according to a report by the Commonwealth Fund.The New York-based health policy research group compared possible savings a health insurance exchange could bring under three different scenarios. One would include a Medicare-like plan along with private insurance. Another would instead offer a government-run plan with rates somewhat higher than Medicare. The final one would be private insurance with no government plan at all.Such an exchange would offer a central point for consumers to shop for and compare health plans.An exchange that instead offered a plan with rates slightly higher than Medicare but below current private plan rates would save nearly $800 billion over one with only private options, according to the Commonwealth Fund’s analysis.”Offering a public plan choice and the design of this choice makes a difference in the pace of change,” said Cathy Schoen, the group’s senior vice president.Whether Democrats’ plan to revamp the U.S. health care system and provide coverage to the roughly 46 million uninsured Americans includes a government-run insurance plan is a major sticking point as Congress finalizes its proposal.Supporters say such an option would offer Americans an affordable alternative. Most people with health insurance in the United Stated get it through their employer or the government.