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April 08, 2009
Actor leaves series to work for Obama
“House” actor Kal Penn is leaving the show to join the Obama White House. Penn will become part of Office of Public Liaison and says working on campaign last year re-ignited desire for public service.
Man who died re-elected mayor of Missouri town
It’s almost a political comeback. Winfield, Mo. Mayor Harry Stonebraker has scored a landslide victory, from his grave.
April 06, 2009
Obama reaches out to Muslim NATO member
He’s to meet with Turkish leaders today and speak to parliament as he reaches out for help to wind down the war in Iraq and bring stability to the Middle East.
April 02, 2009
London police report 86 arrests in G-20 protests
Police in London say 86 people were arrested in sometimes violent clashes with protesters who vandalized property in the city’s financial district ahead of the G-20 summit.
President Obama begins G20 Summit talks
British Prime Minister Gordon Brown greeted Obama at London’s Excel conference center ahead of a breakfast meeting today at the G-20 summit, bringing together the world’s major economies.
April 01, 2009
President Obama urges nations to work together on economy
President Barack Obama says world leaders must not fall back on “stale debates and false divides” as they strive to overcome the global economic crisis.
March 30, 2009
Obama conditions bailout funds for automakers
President Barack Obama and his top advisers have determined that neither GM nor Chrysler are viable and that taxpayers will not spend untold billions more to keep the pair of automakers open forever
GM chairman out, board to be restructured
General Motors Chairman and CEO Rick Wagoner is out at the request of the White House.
March 26, 2009
President to hold online town hall meeting
Press Secretary Robert Gibbs says today’s session will be similar to the town halls Obama held in California last week, except that staying at the White House saves on gas.
Senate committee expected to back Obama plan
The Senate Budget Committee is poised to adopt President Barack Obama’s budget plan today after approval by a House panel on a party-line vote a day earlier.
Hopeful signs, but economy not out of the woods
Many economists say glimmers of hope in the economy are not a forecast of the end of the recession.
Geithner outlining regulatory reform on Capitol Hill
The treasury secretary is back on Capitol Hill Thursday to outline plans for reforming the nation’s financial system.
March 24, 2009
President Obama lays out budget and recovery plans
President Obama held his second prime time news conference starting at 8 p.m. Tuesday.
Fed and Treasury chief to get grilled on AIG
Timothy Geithner and Ben Bernanke will also be asked about the new risks to taxpayers from their latest effort to save tottering banks and the U.S. economy.
Cuomo says 15 AIG execs agree to return bonuses
New York Attorney General Andrew Cuomo says 15 employees who received some of the largest bonuses from American International Group have agreed to return the money in full.
President Obama urges caution over bank rescue plan
President Barack Obama cautions that the administration’s plan to buy up troubled assets isn’t a cure-all.
March 23, 2009
Obama questions constitutionality of House bonus recovery bill
Congress may be moving to recoup the AIG bonuses, but the effort could run into trouble at the White House.
Geithner to unveil plan to combat banking crisis
The Obama administration today unveils a formula it hopes is the right one to resolve the nation’s worst banking crisis in 70 years.
March 20, 2009
Congressional Budget Office says deficit will be $2.3T worse
The Congressional Budget Office figures predict Obama’s budget will produce $9.3 trillion worth of red ink from 2010 through 2019.
Senate takes up taxing bonuses for AIG, other bailout companies
The House easily approved a measure yesterday that would impose a 90 percent tax on payments made by companies that have received at least $5 billion in government aid.
UPDATE: President Obama cracks Special Olympics joke on Leno show
Toward the end of the interview on Thursday, Obama told host Jay Leno he’s been practicing at the White House’s bowling alley but wasn’t happy with his score of 129.
March 19, 2009
President expresses AIG anger, takes responsibility
President Barack Obama has left Washington behind temporarily to promote his efforts to fix the economy and overhaul health care, energy, education, taxes and spending policies.
March 18, 2009
AIG chief says some execs are giving back part of their bonus
The head of financially strapped AIG is telling Congress he’s heard the rage over executive bonuses and has called on employees to voluntarily return at least half of the money.
Stocks jump after Fed says it will buy Treasurys
The Federal Reserve is keeping Wall Street’s big rally alive - and giving the Treasury market a boost as well.
Fed to buy up to $300B long-term Treasury bonds
The Federal Reserve says it will start buying long-term government bonds, opening a new front in its battle to lift the country out of recession.
AIG chairman in Capitol Hill hot seat for bailout bonuses
AIG chief Edward Liddy will be the one taking the heat for it when he testifies on Capitol Hill later this morning.
Military rape reports rise, prosecution still low
The Pentagon says only a fraction of the more than 2,900 reports of sexual assaults it received last year went to court.
With key rate near zero, Fed scopes out options
Federal Reserve policymakers are wrapping up a two-day session today, but with the Fed’s key lending rate already near zero, they are not expected to announce a change.
Geithner working with DOJ to recoup AIG bonuses
Treasury Secretary Timothy Geithner says he is working with the Justice Department to determine whether any retention bonuses paid by American International Group can be recovered.
March 17, 2009
Bonus outrage may prompt limits on AIG bailout money
The White House says it’s looking at restrictions on some $30 billion in taxpayers’ money approved to help American International Group.
