Tag: washington
WASHINGTON — The new Treasury secretary, Timothy F. Geithner, announced on Tuesday that he would crack down on lobbying to influence the $700 billion financial bailout program by companies that are receiving billions in taxpayer money.
Timothy...
WASHINGTON — The economic stimulus plan that Congress has scheduled for a vote on Wednesday would shower the nation’s school districts, child care centers and university campuses with $150 billion in new federal spending, a vast two-year...
WASHINGTON — On the day before moving into the nation’s most storied house, Barack Obama visited a shelter for teenagers with no home. With sleeves rolled up, he spent a few minutes painting for the benefit of the cameras that trail him...
WASHINGTON — The fresh evidence on Friday of the economy’s downward spiral focused even more attention on two questions: Is the stimulus package being pushed by President-elect Barack Obama big enough? And will the component parts being...
WASHINGTON — President-elect Barack Obama’s economic recovery plan ran into crossfire from his own party in Congress on Thursday, suggesting that quick passage of spending programs and tax cuts could require more time and negotiation than...
WASHINGTON – President-elect Barack Obama hailed a rare Oval Office gathering of all U.S. presidents as an extraordinary event on Wednesday as the current occupant, President George W. Bush, reminded his predecessors and successor that...
WASHINGTON — President-elect Barack Obama on Tuesday braced Americans for the unparalleled prospect of “trillion-dollar deficits for years to come,” a stark assessment of the budgetary outlook that he said would force his administration...
WASHINGTON — Leon E. Panetta, a former congressman and White House chief of staff, has been selected by President-elect Barack Obama to head the Central Intelligence Agency. The choice, disclosed Monday by Democratic officials, immediately...
WASHINGTON — Just a month after President-elect Barack Obama takes office, he must tell the Supreme Court where he stands on one of the most aggressive legal claims made by the Bush administration — that the president may order the military...
“Usually it’s the rich country lending to the poor. This time, it’s the poor country lending to the rich.” — Niall Ferguson
WASHINGTON — In March 2005, a low-key Princeton economist who had become a Federal Reserve governor coined...
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