Yellen takes big step toward becoming next Fed chair
WASHINGTON (Reuters) – Federal Reserve Vice Chair Janet Yellen moved closer on Thursday to becoming the first woman to lead the U.S. central bank after a Senate committee backed her nomination and the chamber changed its rules to make it easier for nom…
14 U.S. senators promise new Iran sanctions measure within weeks
WASHINGTON (Reuters) – A group of 14 Democratic and Republican U.S. senators said on Thursday they would work together on legislation to impose new sanctions on Iran over the coming weeks, and work to pass it as quickly as possible.
Journalists take White House to task over photo access
WASHINGTON (Reuters) – Simmering tensions between the Obama administration and the White House press corps spilled into the open on Thursday when news organizations formally protested decisions to bar photojournalists from many presidential events.
California exchange rejects extension of Obamacare canceled plans
(Reuters) – California’s new health exchange decided on Thursday not to allow canceled policies to extend past the end of the year, going against a proposal from President Barack Obama to extend such plans even though they don’t comply with his signatu…
Washington sending economic advisers to Puerto Rico
SAN JUAN (Reuters) – The Obama administration is dispatching a team of experts to Puerto Rico to advise the Caribbean island’s government on its hard-pressed finances and to help it better tap federal funding programs, according to officials.
U.S. military says it may have to cut Europe budget by fifth
LONDON (Reuters) – The United States may be compelled to cut its military spending in Europe next year by as much as a fifth in the latest round of reductions under “sequestration”, America’s top general in the region said on Thursday.
U.S. Senate rule change paves way for Watt to take housing post
WASHINGTON (Reuters) – U.S. President Barack Obama’s pick for a top housing regulatory post looked poised to win confirmation after the Senate changed its rules on Thursday to make it harder to block nominees.
Democrats ditch historic U.S. Senate rule blamed for gridlock
WASHINGTON (Reuters) – The Democratic-controlled U.S. Senate, in a historic and bitterly fought rule change, stripped Republicans on Thursday of their ability to block President Barack Obama’s judicial and executive branch nominees.
U.S. Republicans to keep cuts if budget talks fail: Boehner
WASHINGTON (Reuters) – Republicans in the U.S. House of Representatives will pursue a stopgap government funding bill that keeps “sequester” automatic spending cuts in place if congressional negotiators fail to reach a budget deal, U.S. House Speaker J…
White House wants insurers to send Obamacare info to all customers
WASHINGTON (Reuters) – The White House said on Thursday it has asked insurance companies and state insurance commissioners to send a letter about Obamacare healthcare insurance marketplaces and subsidies to all insurance customers.