What's new: McCain's 'shake-up;' Dems may shorten convention; new money loophole

Like this story? Share it with Yahoo! Buzz Some of the campaign and political news making headlines this morning, starting with what's being said about Steve Schmidt's new role in Republican John McCain's presidential campaign. Schmidt is now in charge of day-to-day operations: • The Politico -- Schmidt will bring a "dose of discipline." • The New York Times -- It's the McCain campaign's "second shake-up in a year." • The Washington Post -- "The abrupt shift in leadership, announced to McCain's staff yesterday morning, came after weeks of complaints from Republicans outside the campaign and growing concerns within it about the lack of a clear message, the cumbersome decision-making process, the sloppy staging of events, and a schedule driven largely by fundraising priorities rather than political necessity." Other news.... [read full story]