Judd Gregg

2010-11-30T13:52:48Z

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Senator sees hope for Obama-led tax code reform

2010-10-13T14:02:30Z

WASHINGTON (Reuters) - After tackling the behemoths of healthcare and financial reform, a senator said on Wednesday he believed President Barack Obama might turn to reforming the byzantine and widely-hated U.S. tax code.

Democratic Senator Ron Wyden, the author ...

CFTC's Gensler goes down to wire for swaps reform

2010-10-13T15:17:04Z

WASHINGTON (Reuters) - As lawmakers bargained, fretted and sweated through talks to wrap up the U.S. financial reform bill on Thursday, there was a single regulator whose ubiquitous presence was a reminder of one of the toughest issues to resolve.

Gary Gensler, head of the Reuters) - U.S. senators charged with crafting rules to regulate the $450 trillion over-the-counter derivatives market have failed to reach an agreement, Democratic Senator Jack Reed said on Friday.

Reed and Republican Senator Judd Gregg had been t...

Senate approves tax breaks for new hires

2010-06-25T20:14:48Z

Senate passes jobs bill awarding tax breaks for businesses that hire the unemployed

Senate Democrats delivered the first of several promised election-year jobs bills Wednesday, passing a measure blending highway funding eagerly sought by the states with tax breaks for companies that hire unemployed workers.

The bipartisan 70-28 vote to pass the bill sends it to the House, where many Democrats say it is too puny — but where pressure is on to pass it...

GOP's Gregg sees progress on financial regulation

2010-06-12T15:43:49Z

WASHINGTON (Reuters) - Republicans and Democrats in the Senate share common ground on financial regulation, but the White House's stance on how to protect consumers from banking abuses remains an obstacle to legislat...

Not True Than 'Any Fiscal Commission Is Better Than None'

2010-10-22T13:12:44Z

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Will the Deficit Commission Solve the Government's Money Problems?

2010-10-22T13:11:45Z

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U.S. extends bailout fund, sees economic challenges

2010-06-15T09:13:23Z

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner on Wednesday extended the government's $700 billion financial bailout fund to October next year, saying the economy still faced "significant challenges."

Geithner, in letters to congressional leaders, pledged to deploy no more than $550 billion from the

Obama looking at all options for creating jobs

2010-04-16T09:46:58Z

Waiting for second half of stimulus to kick in, Obama weighs options for creating more jobs

President Barack Obama is considering all options to create jobs, including another stimulus package, while trying to pull the economy out of a deep recession and deal with a record deficit, White House advisers said Sunday.

With more than half of the ...

Bush releases White House, Camp David guest lists

2010-06-25T21:31:21Z

Bush releases final lists of White House, Camp David overnight guests

Former President George W. Bush's overnight guests shortly before he left office included Republican Sen. Judd Gregg, who spent the night at the Camp David presidential retreat just a few weeks before

Tens of billions remain in bank bailout fund

2010-04-16T11:25:43Z

Billions remaining in bank bailout fund drive debate in Congress over how to use it

The government has tens of billions of dollars left in the eye-popping $700 billion bank bailout fund created last fall, prompting a debate in Congress over what to do with it.

The Treasury Department wants to keep the money at its disposal in case the economy gets worse. But fiscal ...

Obama implies rejection of House bonus tax plan

2010-04-16T15:55:29Z

Obama bucks House bonus tax plan, cites Constitution and refusal to govern from anger

President Barack Obama wagered significant political capital on Sunday as he bucked a highly popular House measure to slap a punitive 90 percent tax on bonuses to big earners at financial institutions already deeply in hock to taxpayers.

Obama defended his stance by saying the tax would be unconstitutional and that he ...

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2010-10-21T10:50:25Z

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Chinese-American governor likely Obama commerce pick

2010-06-26T02:33:15Z

President Barack Obama will "likely" name Gary Locke, the first Chinese-American governor in US history as his pick for commerce secretary, a senior administration official said Monday.

Locke, former governor of Washington state, would be Obama's third selection for the post following the withdrawals of the two pre...

Gregg says he couldn't support Obama 100 percent

2010-06-16T10:27:51Z

Gregg says he pulled out as commerce secretary because he was 'a little too conservative'

Republican Sen. Judd Gregg said Friday that he pulled out of the job of commerce secretary after realizing that "I'm just going to be a little too conservative" for President Barack Obama's administration.

If you're going to be on a football team, "you've got to p...

Obama's dream of bipartisanship takes hit

2010-04-16T17:11:51Z

President Barack Obama's quest to bridge Washington's sharp political divides has been dealt another blow with the surprise exit of his commerce secretary pick, Republican Judd Gregg.

Gregg's withdrawal on Thursday, over "irresolvable conflicts," complicated Obama's attempt to win Republican support for his 789 bil...

Gregg withdraws as commerce secretary nominee

2010-04-16T14:31:08Z

GOP Sen. Judd Gregg withdraws nomination as commerce secretary, saying he 'made a mistake'

Saying "I made a mistake," Republican Sen. Judd Gregg of New Hampshire abruptly withdrew as commerce secretary nominee on Thursday and left the fledgling White House suddenly coping with For Obama, it's back to the drawing board for 3rd time to search for commerce secretary

Add this to Barack Obama's to-do list: Find a commerce secretary — for a third time.

Republican Sen. Judd Gregg of New Hampshire backed out on Thursday, citing "irresolvable conflicts" with the new Democratic...

Senator quits Obama post in bust-up over economy

2010-10-21T10:32:48Z

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Republican senator rejects US commerce secretary job

2010-04-16T14:32:39Z

Republican Senator Judd Gregg said Thursday he had withdrawn from consideration for US commerce secretary less than two weeks after being tapped by President Barack Obama for the job.

Gregg said he was pulling his nomination because of "irresolvable conflicts," citing the Democratic president's stimulus package and pla...

Republican rejects US commerce secretary job

2010-04-16T14:32:39Z

In another blow to President Barack Obama's fledgling cabinet line-up, Republican Senator Judd Gregg withdrew his nomination as commerce secretary on Thursday citing "irresolvable conflicts."

Gregg's surprise announcement came just two weeks after Democrat Obama invited him to be the third Republican in his cabinet and reflected Republican fury over the president's handling of a massive economic stimulus plan.

Statement from Gregg on withdrawal of nomination as Commerce secretary

Here is the statement from Sen. Judd Gregg, R-N.H., on his decision Thursday to withdraw his nomination as Commerce secretary:

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"I want to thank the president for nominating me to serve in his Cabinet as secretary of Commerce. This was a great honor, and I had felt that I could bring some views and ideas that would assist him i...

UPDATE 3-Third Obama cabinet nominee withdraws name

2010-10-21T09:51:22Z

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Obama names Gregg commerce secretary

2010-06-26T00:41:19Z

Obama taps Gregg to head Commerce; third Republican to join Democrat's Cabinet

In the midst of promoting his $800 billion-plus economic proposal, President Barack Obama chose for his new commerce secretary a Republican senator with such a reputation for fiscal discipline that he once voted to shut down the department.

If confirmed by the Senate, Judd Gregg...

BRIEF-U.S. Senate Republican leader doubts stimulus bill can pass Senate

2010-10-21T09:50:28Z

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Liberal groups launch ads to push Republican senators to vote for stimulus plan

2010-10-26T12:06:27Z

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FACT CHECK: Claims of bailout profits premature

2010-04-16T17:29:12Z

FACT CHECK: Bailout not yet making money, despite lawmakers' claims

Two key Republican lawmakers say there's a powerful silver lining in the taxpayers' $700 billion bailout of the financial system: It has already earned the government more than $8 billion in profit.

The problem is, that supposed gain is an illusion. Even the accountant whose research they're citing says he's sorry he came up with the numbers.

The government paid $350 billion to buy sto...

TARP Turning a Profit

2010-10-21T09:16:43Z

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Federal panel hears of economic woes in Las Vegas

2010-06-15T10:07:24Z

Congressional panel hears of economic woes in Las Vegas, lack of help from bailout

Nevada has quickly deteriorated from a boomtown to a place on the brink of economic disaster, and a federal bailout of financial institutions has done little to reverse the trend, a congressional panel was told.

"Our economy has gone from the fastest growing in the nation to amongst t...

Shift in bailout plan raises oversight questions

2010-06-26T00:07:54Z

Need for $50 million budget to oversee financial rescue questioned now that plan has changed

The radical shift in the focus of the $700 billion economic bailout package led one senator Wednesday to question what the young prosecutor tapped to be the program's inspector general will be investigating.

"I wonder why taxpayers should pay $50 million to a watchdog who has nothing to watch," said Sen. Jim Bunning, ...

Bailout goal: move fiscal wreck off the road

2010-04-16T14:39:25Z

Senator likens financial bailout to moving wreck off the road, letting traffic move

Lawmakers sometimes struggle to explain how the proposed $700 billion financial bailout would improve commercial activity and help revive the fragile economy.

Sen. Judd Gregg tried an automotive metaphor Saturday, attributing it to Sen. Pete Domenici, R-N.M.

"It...

Deficit Commission

2010-12-01T15:03:26Z

Debt Commission member Sen. Judd Gregg, R-N.H., speaks on Capitol Hill in Washington Wednesday, Dec. 1, 2010, where he announced his support for the report. (AP Photo/Alex Brandon)

Tax Cuts

2010-11-13T08:31:30Z

FILE - In this Feb. 2, 2010 file photo, Sen. Judd Gregg, R-N.H., then-ranking Republican on the Senate Budget Committee. meets with reporters on Capitol Hill in Washington. Fresh off big election day victories, U.S. Senate, Kelly Ayotte, left, with her husband Joe Ayotte, right, and Senator Judd Gregg, center, board the bus after making a stop at Veterans Square in Laconia, N.H., during her three-day "Stop...

New Hampshire Senate

2010-07-28T00:16:42Z

FILE - In this June 9, 2010, file photo, Republican Kelly Ayotte, the former New Hampshire Attorney General running for the open Senate seat held currently by Judd Gregg, speaking to supporters on the Statehouse steps before filling out her declaration of candidacy papers...

Financial Overhaul

2010-06-26T10:24:05Z

Senate Minority Leader Mitch McConnell, R-Ky., Sen. Richard Shelby, R-Ala., and Sen. Judd Gregg, R-N.H., confer after leaving a Republican Caucus on Capitol Hill in Washington, Wednesday, April 28, 2010.(AP Photo/Harry Ham...

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