By Pauline Vu - States are in the forefront of policymaking to minimize damage from the mortgage meltdown. President George W. Bush on Thursday (Dec. 6) announced a groundbreaking agreement with major lenders to temporarily freeze sub-prime interest rates that are set to rise, but California Gov. Arnold Schwarzenegger got there first: He unveiled a similar deal last month.

Los Angeles -- California Gov. Arnold Schwarzenegger has cracked a deal with four of the state's largest mortgage lenders to reduce the home loan default rate caused by the subprime mortgage market collapse, The Financial Times reports.

WASHINGTON — California Gov. Arnold Schwarzenegger sued federal environmental regulators on Thursday, asking a court to force a Bush Administration's decision on whether the state and 16 others can cut greenhouse gas emissions from cars and trucks.

Prius PoliticsWashington Post, United States - 1 hour agoCalifornia Gov. Arnold Schwarzenegger is the champ of Prius politics, having declared that his state will cut greenhouse emissions to 1990 levels by 2020 ...Prius Politics RealClearPoliticsall 4 news articles