Updated throughout the day.
The Obama budget could include spending cuts (Reuters)
Obama will annouce fees for 20 banks to pay back TARP and reduce the deficit (Bloomberg)
The SEC will add new investigative units (WSJ)
John Thain, former Merriil Lynch CEO, is talking to CIT about taking the top job there.
Ferrero will not make a bid for Cadbury (NYSE:CBY) (NYT DealBook)