White House expresses confidence in Yellen Fed nomination
WASHINGTON (Reuters) – The White House on Friday expressed confidence in President Barack Obama’s choice to lead the Federal Reserve, Janet Yellen, and called on the Senate not to hold up her confirmation.
Obama to meet with insurers Friday on Obamacare fix
WASHINGTON (Reuters) – President Barack Obama will meet on Friday with insurance industry executives to discuss changes that he has proposed to his signature healthcare law to address the outcry over insurance policy cancellations, a White House offici…
White House: Obama would veto Republican healthcare bill
WASHINGTON (Reuters) – President Barack Obama would veto a bill sponsored by a Republican congressman that would allow insurers to offer healthcare plans slated to be canceled because they do not meet the new U.S. healthcare law’s standards, the White …
China president: China, U.S. should strengthen policy coordination
BEIJING (Reuters) – China’s president, Xi Jinping, told visiting U.S. Treasury Secretary Jack Lew that China and the United States should strengthen policy coordination during their respective reform and restructuring processes, state media reported on…
Yellen says stronger job growth a Fed imperative
WASHINGTON (Reuters) – Fed Vice Chair Janet Yellen on Thursday robustly defended the Federal Reserve’s bold steps to spur economic growth, calling efforts to boost hiring an “imperative” at a hearing into her nomination to become the first woman to lea…
Wisconsin Assembly approves measure to make recall elections tougher
MILWAUKEE (Reuters) – Wisconsin lawmakers took the first step on Thursday to limit recall elections of state officials to cases of serious crimes or ethics violations, following challenges that targeted the governor and several senators in recent years…
Obamacare ‘fix’ creates new headaches, say insurers and regulators
NEW YORK (Reuters) – Insurers and state regulators say that President Barack Obama’s “fix” for policies canceled under his healthcare reform law will create new problems for the industry and could lead to an increase in premiums.
Analysis: Humble-sounding Obama tries to climb out of healthcare hole
WASHINGTON (Reuters) – Normally brimming with self-confidence, President Barack Obama showed an emotion on Thursday he rarely shares with Americans: humility.
An apologetic Obama unveils fix on health law
WASHINGTON (Reuters) – President Barack Obama on Thursday tried to ease the biggest crisis of his presidency, acknowledging missteps with his signature healthcare law and announcing a plan to help those seeing their current health plans canceled becaus…
Lawmakers blame Obama for delay in renewing trade promotion authority
WASHINGTON (Reuters) – President Barack Obama has not been forceful enough in pushing for the “fast-track” negotiating authority he needs to move trade agreements swiftly through Congress, two top lawmakers involved with trade said on Thursday.