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More Obama ‘insiders’ set to ‘tell all’ in books?

More Obama ‘insiders’ set to ‘tell all’ in books?

Over the next month, two of President Barack Obama’s closest first-term advisers will spill insider details on the administration’s handling of the early days of the Great Recession, the White…

Summers out of Fed chief chase

Summers out of Fed chief chase

For weeks, Lawrence Summers had been considered the leading candidate to succeed Ben Bernanke as Federal Reserve chairman. A renowned economist, Summers built close ties to President Barack Obama when…

Why Tim Geithner was a divisive Treasury Secretary

Why Tim Geithner was a divisive Treasury Secretary

President Barack Obama has saluted the outgoing Timothy Geithner as one of the best U.S. Treasury secretaries ever. He’s surely been among the most contentious. Not since the Great Depression…

What new Treasury Secretary nominee doesn’t know could be a problem

What new Treasury Secretary nominee doesn’t know could be a problem

President Barack Obama broke the mold on Thursday by choosing a budget wonk to serve as U.S. Treasury secretary, leaving gaps on the international and financial side that could make…

Obama turns a page at Treasury with Lew nomination

Obama turns a page at Treasury with Lew nomination

Jack Lew, President Barack Obama’s nominee for treasury secretary, is a premier federal budget expert who would take the helm of the government’s main agency for economic and fiscal policy…

Geithner leaving Treasury post: Trouble for Obama?

Geithner leaving Treasury post: Trouble for Obama?

Treasury Secretary Timothy Geithner‘s plans to leave near the end of January put the White House in a tricky spot, depriving the Obama administration of its longest-serving economic adviser for…

No deal in sight as ‘fiscal cliff’ deadline nears

No deal in sight as ‘fiscal cliff’ deadline nears

Lawmakers are engaged in a playground game of “who goes first,” daring each political party to let the year end without resolving a Jan. 1 confluence of higher taxes and…

Reid: Time to reform the tax code

Reid: Time to reform the tax code

The U.S. tax code is “ripe” for reform and fixing it will be a top priority for Democrats this year, Senate Majority Leader Harry Reid said on Thursday. Both parties…

Debt limit already a hot-button issue for GOP

Debt limit already a hot-button issue for GOP

In power scarcely a day, House Republicans bluntly told the White House on Thursday its request to raise the nation’s $14.3 trillion debt limit will require federal spending cuts to…