BARACK OBAMA

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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.

Sen. Reid's family injured in car accident

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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.

Bank reform talks fail, Dodd to go solo

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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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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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Pelosi faces biggest test on healthcare vote

The leader of the House of Representatives -- a persuasive arm-twister and deal maker -- faces her toughest challenge yet in the coming weeks: getting 216 votes to pass final legislation revamping the U.S. healthcare system.
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Greece says G20 to review financial speculation

Greece, pressing for curbs on financial speculation that it blames for worsening the country's debt crisis, said on Tuesday the idea would be examined by the Group of 20 leading powers at their next summit.
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Greece says speculation will be on G20 agenda

Greece, pressing for curbs on financial speculation it blames for worsening the country's debt crisis, said on Tuesday the idea would be examined by the G20 leading powers at their next meeting.
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Greece wants speculative curbs, U.S. has own plan

Top Greek officials pressed their case on Tuesday for curbs on speculative trading they blame for pushing the country into crisis, but the Obama administration reacted coolly, saying it was working on its own plans to make trading more transparent.
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Greece calls for ban on speculative trading

Greek Finance Minister George Papaconstantinou on Tuesday proposed a ban on derivative trading techniques that increase debt costs for countries like Greece which struggle to cut their deficits.
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Obama targets insurers, sells reform plan

Hitting the road to rally support in the final push for healthcare reform, Obama used a campaign-style speech to urge Democrats to approve a bill and quickly end the political wrangling that has consumed Washington since July.
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White House's Romer: Budget fix a long-term issue

The gaping U.S. budget deficit is cause for concern but clamping down on spending immediately would be pound-foolish and would derail the recovery, a top White House economic adviser said on Tuesday.

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