Clinton rules out a presidential run through 2016

CHRISTCHURCH, New Zealand (Reuters) – U.S. Secretary of State Hillary Clinton ruled out running for president in 2012 or 2016 on Friday, saying the United States should be ready for a woman president but it would not be her. Read the full story from Reuters

White House signals compromise on tax cuts

WASHINGTON (Reuters) – A conciliatory White House said on Thursday it was willing to negotiate with Republicans on tax cut extensions, but Senate Republican leader Mitch McConnell took a hard line against compromises with President Barack Obama in a new Congress. Read the full story from Reuters

Murray re-elected as Senator from Washington

WASHINGTON (Reuters) – Democratic Senator Patty Murray has won the Senate race in Washington state, according to media projections, and Republican challenger Dino Rossi called to concede. Read the full story from Reuters

Palestinians to give U.S. peace effort more time

WASHINGTON (Reuters) – The Palestinians will give the United States several more weeks to try to relaunch direct peace talks with Israel, but will not buckle on their key demand for a halt to Israeli settlement activity, a top Palestinian official said on Thursday. Read the full story from Reuters

Republicans to crank up oversight of government

WASHINGTON (Reuters) – The incoming Republican majority in the House of Representatives is more likely to attack Democrats through highlighting congressional oversight hearings rather than the more rancorous subpoena process, leading Republicans say. Read the full story from Reuters

Republicans scuffle over US House banking panel

WASHINGTON (Reuters) – Just days after winning control of the House of Representatives, Republican leaders on Thursday faced an internal fight over the chairmanship of a key committee that oversees Wall Street. Read the full story from Reuters

Ron Paul vows renewed Fed audit push next year

WASHINGTON (Reuters) – Republican Representative Ron Paul on Thursday said he will push to examine the Federal Reserve’s monetary policy decisions if he takes control of the congressional subcommittee that oversees the central bank as expected in January. Read the full story from Reuters

Republican Boehner says Obama seems in "denial"

WASHINGTON (Reuters) – President Barack Obama seems to be in denial about the full meaning of congressional elections in which Republicans made big gains, Republican leader John Boehner said on Thursday. Read the full story from Reuters

Obama in early stages of picking Summers’ successor

WASHINGTON (Reuters) – President Barack Obama is still in the “preliminary stages” of choosing a successor to top White House economic adviser Larry Summers, the White House said on Thursday. Read the full story from Reuters

In book, Bush strongly defends use of waterboarding

WASHINGTON (Reuters) – When then-President George W. Bush was asked to approve a tough interrogation technique known as waterboarding on September 11 mastermind Khalid Sheikh Mohammed, he wasted little time in deciding. Read the full story from Reuters