Archives for White House

Obama, Sotomayor and ‘identity politics’

At first glance, President Barack Obama's pick of Hispanic federal appeals court judge Sonia Sotomayor for the Supreme Court appears to be a strong political move that appeals to the Latino base that helped put him in office and that he needs to win another term.

But some are also raising the question of whether the selection of the first Hispanic for the High Court is also just another abandonment of promises that he made during the election.

Read More

Obama selects Hispanic for Supreme Court

President Barack Obama chose federal appeals judge Sonia Sotomayor to become the nation's first Hispanic Supreme Court justice on Tuesday, praising her as "an inspiring woman" with both the intellect and compassion to interpret the Constitution wisely.

Obama said Sotomayor has more experience as a judge than any current member of the high court had when nominated, adding she has earned the "respect of colleagues on the bench, the admiration of many lawyers who argue cases in her court and the adoration of her clerks, who look to her as a mentor."

Read More

Obama: No one goes to war without cause

President Barack Obama promised graduating midshipmen at the U.S. Naval Academy on Friday that, as their commander in chief, he will only send them "into harm's way when it is absolutely necessary." In his first address to military graduates, Obama also pledged to invest in the men and women who defend America's liberty, not just in the weapons they would take with them into battle against 21st century threats.

Read More

Obama signs credit card reform into law

President Barack Obama warned overeager shoppers and greedy credit card companies alike on Friday to act responsibly as he signed into law a bill designed to protect debt-ridden consumers from surprise charges.

The White House staged a signing ceremony in the Rose Garden, an indication of the legislation's importance to Obama. Though opposed by many financial companies, the bill cleared Congress with broad support.

Read More

Obama set to address Naval Academy grads

President Barack Obama wants to assure graduating midshipmen at the U.S. Naval Academy that he will invest not just in weapons but also in the people who keep the country safe.

Obama was to mark the start of the Memorial Day weekend with his final commencement speech of the season Friday at the naval academy in Annapolis, Md. Administration officials said the president would thank the graduates for their service and praise them for embracing character over celebrity and country over self.

Read More

Obama to sign credit card reform bill Friday

President Barack Obama was expected to sign into law on Friday a package of sweeping new limits on credit card interest rates and fees that won final approval from the U.S. Congress on Wednesday .

In a major victory for the president and congressional Democrats, the House of Representatives voted 361-64 to approve the so-called "credit cardholder bill of rights".

Read More

Obama ponders new regulatory panel

The Obama administration, trying to crack down on abuses exposed by the financial crisis, is considering creation of a regulatory commission to protect consumers of financial products such as credit cards and mortgages, according to administration and industry officials.

These officials said the administration has been exploring such an approach in meetings over the past few days with executives of the financial services industry.

Read More

Governing is tougher than campaigning

Once again the president is finding out how tough it is to back up the promises made during the campaign, including his often-avowed intention of disclosing Bush-era mistreatment of prisoners, when the responsibility for doing that falls directly on him. He had decided to make public the photographs of harsh dealings with prisoners in Iraq and Afghanistan, only to change his mind after hearing from military leaders.

Read More

White House: Economic free fall is over

The US economy is no longer in "free-fall" but is not out of the woods yet, White House budget overseer Peter Orszag said Sunday.

"I think what happened is the free-fall in the economy seems to have stopped," Orszag, director of President Barack Obama's Office of Management and Budget, told CNN.

"I guess the analogy (is) there are some glimmers of sun shining through the trees, but we're not out of the woods yet. We do have more work ahead," he added.

Read More