Barack Obama

House-Senate panel approves Wall Street reform bill

House-Senate panel approves Wall Street reform bill

A Senate-House of Representatives conference panel approved a landmark bill on Friday to overhaul financial regulations, working through the night on the thorniest provisions. The legislation next heads to the full Senate and House where it is expected to win final approval and President Barack Obama could sign it into law before July 4.

GOP kills unemployment aid extension

GOP kills unemployment aid extension

Republicans on Thursday defeated Democrats’ showcase election-year jobs bill, including an extension of weekly unemployment benefits for millions of people out of work more than six months. The 57-41 vote fell three votes short of the 60 required to crack a GOP filibuster, delivering a major blow to President Barack Obama and Democrats facing big […]

Obama’s only choice

Obama’s only choice

President Barack Obama had little choice. Already weakened by the seemingly insolvable Gulf oil spill and his party’s dicey prospects in the coming congressional election, Obama could not afford to give his Afghanistan commander a pass for his inflammatory public words. In essence, Gen. Stanley McChrystal fired himself. It fell to Obama to make the […]

Patraeus choice is popular

Patraeus choice is popular

America’s Afghan and international allies embraced the choice of Gen. David Petraeus to run the war in Afghanistan, hoping the architect of the Iraq surge will seamlessly pursue the strategy laid down by his predecessor and smooth over divisions that led to his dismissal. By naming Petraeus, President Barack Obama managed to replace Gen. Stanley […]

Oil spill drenches Obama’s approval rating

Oil spill drenches Obama’s approval rating

The Gulf of Mexico oil spill piled pressure on Barack Obama on Thursday as the hurricane season closed in and voters angry at his crisis management hammered the president in a poll rating. BP was able to restart one of its containment operations on Wednesday after a delay caused by an undersea collision of equipment, […]

GOP set to keep blocking job benefits extension

GOP set to keep blocking job benefits extension

A Republican filibuster appears increasingly likely to kill long-sought legislation extending jobless benefits and a host of other spending and tax measures, despite a new round of cuts to the measure Wednesday that reduced its deficit impact even further. A senior Senate Democratic aide said Wednesday evening that several days’ worth of negotiations with a […]

McChrystal absent from Afghan briefing

McChrystal absent from Afghan briefing

An Afghanistan strategy session is under way at the White House as scheduled without word from President Barack Obama about the fate of war commander Gen. Stanley McChrystal, who is under fire for blistering remarks in a magazine. McChrystal came to the White House for a 30-minute face-to-face with Obama over his remarks and then […]

Rolling Stone: McChrystal showed poor judgment

Rolling Stone: McChrystal showed poor judgment

Even Rolling Stone’s editor agreed with Gen. Stanley McChrystal that the Afghan war’s U.S. commander showed poor judgment in airing complaints about the Obama administration in the magazine. But Eric Bates said it was in keeping with McChrystal’s character that he didn’t try to waffle about what was said in the article, which exploded into […]

White House budget chief quitting

White House budget chief quitting

White House Budget Director Peter Orszag’s expected resignation would make him the first high-profile member of President Barack Obama’s team to depart the administration. A Democratic official said Monday that Orszag is expected to leave in the coming months, although the exact timing is not known. The official confirmed the news to The Associated Press […]

Obama tries to refocus on jobs, economy

Obama tries to refocus on jobs, economy

President Barack Obama launched a push on Friday ahead of congressional elections to refocus on economic recovery efforts that have been overshadowed by the BP Plc oil spill in the Gulf of Mexico. Traveling to the recession-battered Midwest, Obama kicked off what the White House has billed as a six-week drive to promote his administration’s […]