President George W. Bush said Thursday he was determined to resolve the crisis surrounding ailing US automakers before he left the White House, with "orderly bankruptcy" an option being considered.
As Detroit-based auto manufacturers struggled to find survival options and a possible government rescue, General Motors rejected reports it was reopening merger talks with Chrysler.
President-elect Barack Obama is nearly finished choosing his Cabinet as he prepares to leave Saturday on a holiday vacation in his native Hawaii.
President-elect Barack Obama promised an administration that would reach across party and ideological lines. He said he would put Republicans in his cabinet.
He's keeping those campaign promises and is naming retiring Republican Congressman Ray LaHood of Illinois to serve as Transportation Secretary in his new cabinet.
LaHood will join Defense Secretary Robert Gates, a holdover from the Bush Administration, in an Obama team that combines officials from the past administrations of Bush, Bill Clinton, George H.W. Bush and even Ronald Reagan. Read More
Some progressives are upset over President-elect Barack Obama's decision to select evangelical leader Rick Warren, pastor of Saddleback Church, to deliver the invocation at the January 20 presidential inauguration.
Warren is an icon of the religious right and that doesn't sit well with some liberals.
But the appointment does fit with Obama's promise to reach across party and ideological divides and build an "inclusive" administration that could be a sharp contrast to the highly-partisan and devise years of outgoing President George W. Bush.
Caroline Kennedy told New York's governor on Monday that she's interested in the U.S. Senate seat being vacated by Hillary Rodham Clinton, making her the highest-profile candidate to express a desire for the job. Democratic Gov. David Paterson will choose the replacement. "She told me she was interested in the position," Paterson said. "It's not a campaign.
Illinois lawmakers were unanimous on how they should handle disgraced Gov. Rod Blagojevich — potential impeachment. And the embattled Democrat signaled he isn't going down without a fight.
Lawmakers Monday quickly shelved the idea of setting a special election where voters would fill the vacant Senate seat of President-elect Barack Obama — the seat the governor is accused of trying to sell before his arrest last week on federal corruption charges.
President-elect Barack Obama is many things, including a groundbreaker in the world of Presidential politics but his obsession with comparing himself to Abraham Lincoln is starting to rub some Presidential historians the wrong way.
They say Obama's ego is out of control when it comes to his constant comparisons of himself to Lincoln and they point to the President-elect's brazen attempts to overemphasize his place in history.
Lincoln, they point out, was known for his humility. Obama, they add, is known more for his lack of it.Read More
Illinois Gov. Rod Blagojevich met with a renowned Chicago criminal lawyer Saturday as he weighed his legal options on how to fight a scandal that has left his career in tatters and disrupted President-elect Barack Obama's White House transition.
The Democratic governor had a four-hour meeting with Ed Genson in the lawyer's downtown office Saturday. Genson has defended newspaper baron Conrad Black, R&B singer R. Kelly and numerous public figures on corruption charges, earning a reputation as the lawyer big shots call when they get in a bind in Chicago.
A perplexing new chapter is unfolding in Barack Obama's racial saga: Many people insist that "the first black president" is actually not black.
Debate over whether to call this son of a white Kansan and a black Kenyan biracial, African-American, mixed-race, half-and-half, multiracial — or, in Obama's own words, a "mutt" — has reached a crescendo since Obama's election shattered assumptions about race.
President-elect Barack Obama, relatively young and inexperienced, is facing a rapidly growing list of monumental challenges as he prepares to take the reins of a nation in turmoil.
"I do not underestimate the enormity of the task that lies ahead," Obama said after his historic election a little more than a month ago.
It was a sobering assessment at the time, but the country's problems have only worsened since then. Now, Obama sounds dire, particularly as he talks about the economy: "We're in an emergency."