Topic: The White House

Obama to discuss progress on U.S. financial reform

WASHINGTON (Reuters) - President Barack Obama will meet on Monday with top U.S. regulators to discuss progress on implementing the legislation he signed a year ago overhauling the country's financial regulatory system.The meeting is set for 2:15 p.m. EDT at the White ...
US President Barack Obama will on Wednesday hold a fourth straight day of tough budget talks with his Republican foes after a key White House critic floated a plan to avert an early August debt default.Obama gave only a lukewarm welcome on ...

Obama, Republicans feud over US debt deal

US President Barack Obama will Wednesday hold a fourth straight day of tough budget talks with his Republican foes, as a key White House critic floated a plan to avert an early August debt default.Obama gave only a lukewarm welcome on Tuesday ...

Timeline: The debt debate

(Reuters) - President Barack Obama and top lawmakers will meet again on Monday in search of a deal on slashing the budget deficit and raising the $14.3 trillion debt ceiling before the United States defaults.Obama wants to strike a deal well before ...

As deadline looms, Obama hunts for debt deal

President Barack Obama and his Republican foes face off again next week in talks on reining in runaway US debt, amid a White House warning that they have just weeks to avert an economic meltdown."I'm confident that the Democrats and Republicans in ...

Senate Democrats seek new economic stimulus

WASHINGTON (Reuters) - Democrats in the Senate on Wednesday called on Vice President Joe Biden to include new economic stimulus spending in deficit-reduction talks as a way of lowering the 9.1 percent jobless rate that is hobbling the economic recovery.Senate Majority Leader ...

Summers calls for new boost to economy

WASHINGTON (Reuters) - Former White House aide Larry Summers on Sunday urged expanded tax cuts on U.S. workers' wages, warning that America's economy was at risk of years of Japan-style stagnation without a further boost.In an opinion piece published by Reuters on ...

Treasury yet to determine price and timing of GM share sale

WASHINGTON (Reuters) - The Treasury has yet to determine a target price or timeframe for selling its remaining shares in General Motors Co, a White House official said on Wednesday.Ron Bloom, the Obama administration's point man for auto restructuring, also told reporters ...

Geithner says overhaul of tax code must wait

NEW YORK/WASHINGTON (Reuters) - A push to overhaul the U.S. corporate tax code will take a back seat to negotiations on the deficit and debt ceiling over the next two months, Treasury Secretary Timothy Geithner said on Tuesday.Geithner said the Obama administration ...

Obama to offer deficit reduction plan

WASHINGTON (Reuters) - With one budget fight behind him, President Barack Obama will offer a long-term plan for deficit reduction this week in preparation for bigger U.S. spending battles ahead, the White House said on Sunday.Senior White House adviser David Plouffe said ...