The Senate on Thursday passed a regulatory package containing the toughest restrictions on the financial industry since the Great Depression, an overhaul that President Obama praised as ushering in greater consumer protections and a stronger and safer financial system.
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HOLLAND, Michigan, July 15 (Reuters) – The cost of the high-powered batteries needed for a coming wave of electric cars is projected to drop by as much as 70 percent over the next five years, according to a U.S. government forecast.
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WASHINGTON — President Obama will bypass Congress and appoint Dr. Donald M. Berwick, a health policy expert, to run Medicare and Medicaid, the White House said Tuesday.
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(Reuters) – Political momentum was expected to carry a sweeping Wall Street reform bill to approval in the U.S. Congress, but the death of Senator Robert Byrd threatened to delay final action until mid-July.
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The Obama administration on Monday unveiled a space policy that renounces the unilateral stance of the Bush administration and instead emphasizes international cooperation, including the possibility of an arms control treaty that would limit the development of space weapons.
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(Reuters) – President Barack Obama will confront his top Afghanistan commander on Wednesday before deciding whether to fire him over inflammatory comments that have angered the White House and threatened to undermine the war effort.
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WASHINGTON, June 22 (Reuters) – President Barack Obama warned U.S. insurance firms on Tuesday not to use his healthcare overhaul as an opportunity to push through big rate increases and said the federal government would work with states to monitor them.
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