A TAX HIKE BY ANY OTHER NAME As a candidate and President, Barack Obama has had one core message for the middle class: ...
White House adviser Summers says banks must accept new rules, help reform system A top White House official called on financial institutions to ...
The White House on Monday defended President Barack Obama's economic policies, saying that because of them, the country had stepped back from an economic abyss. "Thanks largely to the Recovery Act, alongside an aggressive financial stabilization plan and a program to keep ...
WASHINGTON - OCTOBER 02: U.S. Vice President Joseph Biden (C) speaks to the media as (L-R) Executive Director of the Middle Class Task Force Jared Bernstein, Chair of the Council of Economic Advisors Christina Romer, Director of the National Economic Council Larry ...
Obama economic adviser says new regulations should discourage notion of 'too big to fail' President Barack Obama's top economic adviser on Friday pressed for new restrictions on the biggest and most intertwined financial institutions and said the industry should not count on ...
White House economic aide Larry Summers said Friday a new financial regulatory system must have a "paramount objective" of ending a perception that big firms will be bailed out by the government. In comments to a Washington forum, the top economic adviser ...
As government begins phasing out aid for banks, Summers acknowledges risks of acting too fast A top economic adviser to President Barack Obama on Friday acknowledged the risks of reining in too quickly the emergency programs put in place to battle the ...
WASHINGTON (Reuters) - U.S. President Barack Obama spared himself one big potential headache by deciding to keep Ben Bernanke in the central bank chief's job rather than turning to his adviser Lawrence Summers. Already challenged by Congress on his healthcare and climate ...
WASHINGTON (Reuters) - White House economic adviser Larry Summers said on Tuesday the foundations for a return to growth had been laid and there were many signs economic life was getting back to normal. Speaking to a conference on social security at ...
One simple way you won’t lose big and still profit We’re in the midst of the next stock market panic and no one is paying attention. Worst of all, it will be the type of panic that will take more folks by ...
In a rebuke to the Treasury secretary, the White House said Monday that President Barack Obama remains opposed to any tax hike for families earning up to $250,000. White House press secretary Robert Gibbs restated the assurance after Treasury Secretary Tim Geithner ...
WASHINGTON (Reuters) - U.S. President Barack Obama will keep his promise not to raise taxes on people making less than $250,000 a year, the White House said Monday, rebutting comments by administration officials that indicated otherwise. "The president has made a very ...
