Barack Obama

Obama to sign historic financial overhaul bill

Obama to sign historic financial overhaul bill

President Barack Obama claims a moment of history Wednesday as he signs into law the most sweeping finance reform since the 1930s Great Depression. The legislation, which some Republicans have already pledged to repeal if they regain power in Washington, will fundamentally overhaul the US government’s regulation of Wall Street and create a political legacy […]

On second thought…

On second thought…

Agriculture Secretary Tom Vilsack said Wednesday he will reconsider the department’s decision to oust a black employee over racially tinged remarks after learning more about what she said. Vilsack issued a short statement early Wednesday morning after Shirley Sherrod, who until Tuesday was the Agriculture Department’s director of rural development in Georgia, said she was […]

Kagan nomination clears Senate panel

Kagan nomination clears Senate panel

President Barack Obama‘s second US Supreme Court pick, Elena Kagan, drew one step closer Tuesday to being just the fourth woman to reach the high bench as a key senate committee backed her nomination. The Senate Judiciary Committee tasked with vetting Kagan voted 13-6 to send her nomination to the full Senate, where her all-but-certain […]

For Obama, it’s personal

For Obama, it’s personal

Ever in search of the right face to humanize his agenda, President Barack Obama sure isn’t shy about using his own. Never mind the limousine, the butlers and the presidential jet Obama has now. Or the Ivy League degrees and the millions of dollars in book sales. The leader who lives in an executive mansion […]

Dems will try again on unemployment benefits

Dems will try again on unemployment benefits

Millions of people stuck on the jobless rolls would receive an extension of unemployment benefits averaging $309 a week under a Senate bill that appears set to break free of a Republican filibuster. Democrats have stripped the unemployment insurance measure down to the bare essentials for Tuesday’s vote, which is a do-over of a tally […]

Democrats can’t win without independent voters

Democrats can’t win without independent voters

Democrat Joe Sestak — a son of the Philadelphia suburbs — needs the independent voters in his backyard as he campaigns for a Senate seat in a swing state that may tilt Republican this year. Independents have been turning away from President Barack Obama and the Democratic Party, frustrated with the economic downturn and administration […]

Anti-abortion forces win one in health care fight

Anti-abortion forces win one in health care fight

Abortion foes have scored a victory and traditional allies of the Obama administration are grumbling about a decision to ban most abortion coverage in insurance pools for those unable to purchase health care on their own. The Catholic bishops “welcome this new policy,” said Cardinal Daniel DiNardo, although he added the organization remains concerned that […]

Sessions predicts GOP takeover of House

Sessions predicts GOP takeover of House

A top Republican lawmaker on Sunday predicted his party would win back the House of Representatives from Democrats in the November mid-term elections, as both parties previewed the arguments they will deploy in the battle for control of Congress. Republican Representative Pete Sessions said his party would win “slightly over” 40 House seats, which would […]

Obama: Voters will decide his fate

Obama: Voters will decide his fate

President Barack Obama acknowledges that the fall elections could amount to a referendum on his stewardship of the nation’s affairs. Obama tells NBC in an interview that “nobody in the White House is satisfied” with continuing high unemployment. But he also says the midterm congressional elections could come down to “a choice between the policies […]

Bank bill passes but work remains

Bank bill passes but work remains

In the end, it’s only a beginning. The far-reaching new banking and consumer protection bill awaiting President Barack Obama’s signature now shifts from the politicians to the technocrats. The legislation gives regulators latitude and time to come up with new rules, requires scores of studies and, in some instances, depends on international agreements falling into […]