VP Biden to head U.S. gun policy push after Newtown shootings

WASHINGTON Wed Dec 19, 2012 6:00am EST

WASHINGTON Dec 19 (Reuters) - President Barack Obama will announce on Wednesday that Vice President Joe Biden will lead an effort to come up with policies to address gun violence amid calls for action following the massacre of 26 people including 20 children in a Connecticut grade school last week.

The president is not expected to announce major policy decisions, but rather lay out the process by which his administration will move forward, White House aides said.

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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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