Exclusive: Obama considering Citi’s Sheets for senior Treasury post – sources
WASHINGTON (Reuters) – The Obama administration is considering nominating Citigroup economist Nathan Sheets to be the Treasury Department’s top official for international affairs, according to two sources familiar with the matter.
U.S. IRS chief says no delay in tax-dodger law; some have doubts
WASHINGTON (Reuters) – The chief of the U.S. Internal Revenue Service said on Friday that a new law meant to fight offshore tax dodging by Americans will not be delayed again beyond its July 1 effective date, despite a clamor among banks asking for mor…
Longest-serving Pentagon comptroller since 1950s to step down
WASHINGTON (Reuters) – Pentagon budget chief Robert Hale, the department’s longest-serving comptroller since the 1950s, has decided to step down after a five-year tenure that spanned a shift from peak wartime spending to shrinking budgets in a period o…
Ex-official says Christie knew about bridge lane closures -report
NEW YORK (Reuters) – The former New Jersey official at the center of a political scandal dogging Governor Chris Christie said on Friday the prominent Republican knew about a traffic jam orchestrated by his top aides during the blockage, the New York Ti…
Obama foundation launches presidential library project
WASHINGTON (Reuters) – Supporters of President Barack Obama launched a foundation on Friday that will plan the building of his presidential library.
Two Obamacare exchanges see more health insurer competition
WASHINGTON (Reuters) – At least two U.S. states running their own Obamacare health insurance exchanges expect new insurers to enter their marketplaces and bolster competition in 2015, officials said on Friday.
House Republicans struggle over debt limit plan: lawmaker
CAMBRIDGE, Maryland (Reuters) – Republicans in the U.S. House of Representatives struggled on Friday to reach consensus on a strategy for lifting the federal debt limit but decided what they don’t want – a “clean” increase and a default crisis, a senio…
United Nations appoints former NYC Mayor Bloomberg cities, climate change envoy
UNITED NATIONS (Reuters) – U.N. Secretary-General Ban Ki-moon on Friday appointed former New York City Mayor Michael Bloomberg as his special envoy for cities and climate change, in a bid to build momentum ahead of a planned U.N. conference in Septembe…
Help wanted: Obama calls on CEOs to take on long-term jobless
WASHINGTON (Reuters) – President Barack Obama on Friday took steps to get businesses and the federal government to hire more of the long-term unemployed, part of his initiatives to get the jobless back to work.
Fed’s Yellen to testify before Congress February 11 and 13
(Reuters) – Incoming Federal Reserve Chair Janet Yellen will testify before U.S. lawmakers on February 11 and again on February 13 in what will probably be her first public comments on monetary policy and the economy after taking the reins at the U.S. …
