White House

White House calls GOP debt limit extension offer ‘encouraging’

White House calls GOP debt limit extension offer ‘encouraging’

The White House says House Speaker John Boehner‘s proposal for a short-term deal to increase the nation’s borrowing limit is an “encouraging sign.” Spokesman Jay Carney says President Barack Obama prefers a longer agreement to lift the debt ceiling and wants Republicans to pass a spending bill to reopen the federal government. But he did […]

Obama hoping to reach solution with Republicans on shutdown

Obama hoping to reach solution with Republicans on shutdown

President Barack Obama is hosting top House Republicans to seek an opening in an impasse that has shuttered much of the government and threatens a catastrophic federal default. The White House meeting, set for Thursday, comes as House GOP leaders are contemplating advancing a short-term debt limit increase designed to calm jittery stock and bond […]

Obama nominates Janet Yellen to head the Federal Reserve

Obama nominates Janet Yellen to head the Federal Reserve

In a history-making selection, President Barack Obama nominated Janet Yellen to be chairman of the Federal Reserve, a critical post as the nation continues its fitful economic recovery. If confirmed she would be the first woman to lead the powerful central bank. Yellen, who currently holds the No. 2 spot at the Fed, would replace […]

Obama plans yet another meeting with Republicans

Obama plans yet another meeting with Republicans

President Barack Obama is making plans to talk with Republican lawmakers at the White House in the coming days as pressure builds on both sides to resolve their deadlock over the federal debt limit and the partial government shutdown. With the shutdown in its ninth day Wednesday and a potential economy-shaking federal default edging ever […]

Obama to nominate first woman to head Federal Reserve

Obama to nominate first woman to head Federal Reserve

President Barack Obama will nominate Federal Reserve vice chair Janet Yellen to succeed Ben Bernanke as chairman of the nation’s central bank, the White House said Tuesday. Yellen would be the first woman to head the powerful Fed, taking over at a pivotal time for the economy and the banking industry. Both Yellen and Bernanke […]

Obama’s ‘slow boats to hell’ for suspected terrorists

Obama’s ‘slow boats to hell’ for suspected terrorists

Instead of sending suspected terrorists to Guantanamo Bay or secret CIA “black” sites for interrogation, the Obama administration is questioning terrorists for as long as it takes aboard U.S. naval vessels. And it’s doing it in a way that preserves the government’s ability to ultimately prosecute the suspects in civilian courts. That’s the pattern emerging […]

The government shutdown without end enters second week

The government shutdown without end enters second week

The government shutdown entered its second week with no end in sight and ominous signs that the United States was closer to the first default in the nation’s history as Speaker John Boehner ruled out any measure to boost borrowing authority without concessions from President Barack Obama. Washington will be closely watching the financial markets […]

Obama would consider changing name of Washington Redskins

Obama would consider changing name of Washington Redskins

  President Barack Obama says he would “think about changing” the Washington Redskins‘ name if he owned the football team as he waded into the controversy involving a word that many consider offensive to Native Americans. Obama, in an interview with The Associated Press, said team names such as the Redskins offend “a sizable group […]

Obama claims he expects Congress to raise debt ceiling

Obama claims he expects Congress to raise debt ceiling

President Barack Obama says he doesn’t expect Congress to breach the deadline to increase the nation’s borrowing limit. He says he’s willing to negotiate changes to his signature health care law and to find ways to reduce spending, but stresses he will not bargain until after Congress reopens the government and passed a new debt […]

Obama to meet with Congressional leaders

Obama to meet with Congressional leaders

President Barack Obama scrapped part of a long-planned trip to Asia and planned to meet with congressional leaders on Wednesday as a U.S. government shutdown entered a second day with no end in sight. The impasse has raised questions about Washington’s ability to carry out its most essential duties. Though a short-term shutdown would do […]