BARACK OBAMA

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Republicans say door open on financial reform

A bipartisan financial regulation reform bill could still be worked out in the Senate, despite a breakdown in negotiations, key Republicans said in a letter obtained by Reuters on Saturday.

Insulted by Israel, U.S. scrambles to save talks

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Israel's relationship with the United States, a defining feature of the troubled Middle East, was under severe strain as diplomats scrambled on Saturday to save newborn U.S.-brokered peace talks with the Palestinians.
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Obama delays trip for final healthcare push

President Barack Obama on Friday delayed an overseas trip to focus on the final drive for healthcare reform as the House of Representatives prepared to vote on the sweeping overhaul next week.
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Democrats move closer to healthcare deal

(Reuters) - Congressional Democrats drew closer on Thursday to agreement on a broad healthcare overhaul that could clear the way for a final vote in the next few weeks, but vowed not to be bound by White House deadlines.
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Q+A: Make-or-break months for Afghanistan war

An upcoming U.S.-led military campaign to regain control of the Taliban heartland of Kandahar will be a decisive phase in the Afghan war, Defense Secretary Robert Gates told frontline troops this week.
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Obama to tap Yellen for Fed vice chair: source

President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen, a respected policy dove, to be vice chairman of the central bank, a source familiar with the process said on Thursday.
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Leave yuan to us, China tells Obama

The United States should not make a political issue out of the yuan, a Chinese central banker said on Friday, as the two countries lurched toward a potential bust-up over Beijing's currency regime.
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Sen. Reid's family injured in car accident

The wife and daughter of Senate Majority Leader Harry Reid were injured on Thursday when their vehicle was rear-ended by a truck on a highway, the senator's office said.
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Bank reform talks fail, Dodd to go solo

Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardizing a top Obama administration priority and boosting bank share prices.
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Jobless claims fall, trade gap narrows on oil

The number of U.S. workers filing new claims for unemployment benefits fell only slightly last week, indicating a sluggish return to jobs growth. The U.S. trade gap shrank as oil imports fell.
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Senate passes $149 billion for jobless aid

The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
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EADS sees no financial hit from U.S. tanker loss

The apparent loss this week of a U.S. in-flight refueling tanker contract worth up to $50 billion will not affect EADS's finances, the European aerospace group's chief executive said on Thursday.
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Senate passes $149 bln for jobless aid, tax breaks

The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.
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Geithner urges reform on housing finance market

Treasury Secretary Timothy Geithner said on Wednesday that fundamental reform of the government's role in the housing finance market is needed and it will be next year before proposals are ready for Congress.
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Wider Volcker rule bill unveiled in Senate

Legislation that would write into law and widen the proposed Volcker rule to limit proprietary trading was unveiled in the U.S. Senate on Wednesday with the support of five Democratic senators.
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Race to the bottom with G4 currency rhetoric

With economic policy stimuli already at full tilt, no government wants an overvalued exchange rate to slay recovery, and the rival soft currency needs are producing some elaborate rhetorical jousting.
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Democrats doubt deadline on healthcare

Congressional Democrats on Tuesday cast doubt on their chances of meeting the White House's March 18 deadline for voting on a stalled healthcare overhaul, but said they are moving as fast as they can.

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