On May 3rd in US Political History
Part VI
On May 3rd in 2002 The US Labor Dept. reported the April jobless rate at 6%, up .3%.
On May 3rd in 2002 In rural Iowa and Illinois and 6 people were injured when 6 of 8 pipe bombs were detonated in what was called a case of domestic terrorism. Suspect Luke Helder was later found incompetent to stand trial. (AP, 5/3/03)
On May 3rd in 2003 President Bush told a news conference in Crawford, Texas, it was a matter of when — not if — weapons of mass destruction would be found in Iraq.
On May 3rd in 2004 The US military said it had reprimanded seven officers in the abuse of inmates at Baghdad's notorious Abu Ghraib prison, the first known punishments in the case; two of the officers were relieved of their duties.
On May 3rd in 2005 The US Federal Reserve hiked the fed funds target rate by a quarter-point to an even 3%, marking a cumulative increase of two full percentage points in the past 10 months. That increase was matched by a quarter-point increase in commercial banks' prime lending rate, the benchmark rate for millions of consumer and business loans, which moved up to 6 percent, the highest that rate has been since the fall of 2001.
On May 3rd in 2010 The US renewed sanctions against Damascus, saying Syria has made some progress containing terror networks that use the country to infiltrate Iraq but that Damascus continues to support terrorists and pursue weapons of mass destruction.
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