Benzinga's Political Roundup (XOM, COP, C)

European officials are trying to keep their hold on the head of the International Monetary Fund, as there is mounting pressure for

The Federal Reserve wants to do

and reserve the right to veto dividend pay outs should they not pass the tests. Among the banks to be tested should the plan come to fruition is Citigroup

. The Senate blocked a bill yesterday that would repeal about $2 billion a year in

including Exxon Mobil

and Conoco Phillips

.

yesterday after one of the "Group of Six" left the group.