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Senate passes financial overhaul bill

Thursday, July 15th, 2010

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.

Obama says electric car battery prices to tumble

Thursday, July 15th, 2010

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.

Obama to Bypass Senate to Name Health Official

Wednesday, July 7th, 2010

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.

Delay looms as Wall St bill seen “too big to fail”

Tuesday, June 29th, 2010

(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.

Obama Reverses Bush’s Space Policy

Tuesday, June 29th, 2010

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.

Obama to confront McChrystal at White House

Wednesday, June 23rd, 2010

(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.

Obama warns health insurers not to hike rates

Wednesday, June 23rd, 2010

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.

Obama postpones energy meeting with senators

Wednesday, June 23rd, 2010

(Reuters) - The Obama administration said on Tuesday it postponed a meeting with senators set for Wednesday to discuss the process for passing comprehensive energy and climate legislation this year.

Feinberg ordered by Obama to get BP claims paid ‘quickly’

Sunday, June 20th, 2010

Ken Feinberg, newly tapped to oversee the oil spill compensation fund, said on Sunday that he’s under strict orders to “get these claims paid, get them paid quickly.”

Obama sets meetings with Saudi, Israeli leaders

Sunday, June 20th, 2010

WASHINGTON — President Barack Obama's latest White House meeting with Israel's prime minister is set for July 6 — more than a month after their last one was scuttled at the last minute.