Archive for May 27th, 2009
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Obama touts 100 days of economic stimulus
President Obama marked another 100-day anniversary Wednesday — this time the anniversary of the enactment of his $787 billion economic stimulus package.
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Obama weighs new rules for banks
The Obama administration is weighing a plan that would put the Federal Reserve in charge of monitoring systemic risk and give the Federal Deposit Insurance Corp. authority to unwind insolvent bank holding companies, sources familiar with the proposal said on Wednesday.
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Clinton slams N. Korea’s rhetoric, ‘belligerent’ actions
Secretary of State Hillary Clinton had strong words Wednesday for North Korea’s nuclear activities and saber-rattling, saying the secretive communist nation “has ignored the international community” and “continues to act in a provocative and belligerent manner toward its neighbors.”
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U.S. economy has stepped back from brink: Obama (Reuters)
Reuters – The U.S. economy is showing signs of stabilizing after suffering the worst economic crisis in decades, President Barack Obama said on Wednesday. -
BHO compares himself to FDR (Politico)
Politico – After being introduced at the DNC fundraiser at the Beverley Hills Hilton by famed producer Jeffrey Katzenberg, President Obama compared himself to FDR.
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Obama touts economy, Sotomayor, at fundraiser (AP)
AP – President Barack Obama defended his Supreme Court pick and painted an upbeat vision of the economy Wednesday as he addressed major donors to the Democratic Party in Beverly Hills. -
Obama: Economy has stepped back from the brink (AP)
AP – President Barack Obama says the economy has stepped away from the verge of calamity and Americans are calmer about the future.
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Obama nominates envoys to Britain, India
President Barack Obama has picked a Citigroup executive as ambassador to Britain and a former member of the 9/11 Commission as envoy to India.
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No filibuster, but Sotomayor battle still looms (AP)
AP – Republicans see little chance of blocking Sonia Sotomayor’s Supreme Court nomination, a key GOP senator conceded Wednesday. But senators and advocacy groups are still girding for this summer’s battle partly with an eye toward raising money and perhaps preparing for Barack Obama’s next nominee. -
Gates to press for Far East unity on NKorea threat (AP)
AP – The U.S. on Wednesday accused North Korea of “provocative and belligerent” behavior as Defense Secretary Robert Gates took on the delicate task of reassuring Asian allies of U.S. support without further provoking the communist government.
