NANCY PELOSI

Congressional Democrats floated more cuts on Thursday to a package of tax increases and safety-net spending as final passage of the measure looked likely to slip into June.

Congressional Democrats on Thursday floated more cuts to a package of tax increases and safety-net spending as final passage of the measure looked likely to slip into June.

President Barack Obama, seeking to boost U.S. jobs in an election year, called on Tuesday for Congress to pass a $30 billion package to aid small business lending that he hopes will increase hiring.

President Barack Obama is to renew a push on Tuesday to persuade the U.S. Congress to approve a $30 billion plan to spur lending to small businesses and trigger job creation.

U.S. representative Barney Frank, a fierce critic of Wall Street and close ally of the Obama administration, will head a House-Senate committee to hammer out a final bill on financial regulation reform.

Representative Barney Frank, a fierce critic of Wall Street and close ally of the Obama administration, will head a House-Senate committee to hammer out a final bill on financial regulation reform.

One of the chief architects of U.S. financial reform will chair the House-Senate panel that hammers out the final version of the Wall Street overhaul, a spokesman for the Democratic lawmaker said on Monday.

The U.S. Treasury Department has hired Lazard Ltd to advise the government on an initial public offering of General Motors Co, a source familiar with the matter said on Friday.

The Treasury Department is interviewing Wall Street bankers to advise the government on an initial public offering of General Motors Co , the Wall Street Journal reported on Saturday.

The U.S. Treasury Department is interviewing Wall Street bankers to advise the government on an initial public offering of General Motors Co , the Wall Street Journal reported on Saturday.

General Motors Co believes taxpayers could recoup their entire $50 billion investment in the company although the Obama administration still expects the government to take a loss, albeit a smaller one than first thought, on the industry's 2009 bailout.

General Motors Co and Chrysler on Wednesday reported progress in their government-backed turnarounds, while the Obama administration still expects a loss on the taxpayer bailout of the industry although smaller than initially forecast.

(Reuters) - The week after passing landmark healthcare reform and handing President Barack Obama an important victory, members of the U.S. Congress returned to their home districts for a recess to face constituents and justify their votes after the bruising legislative battle.

Democratic lawmakers dug in again on Thursday to break off just enough support from Republicans to keep an overhaul of the U.S. financial system moving in the Senate.

The next phase of the financial reform debate opened on Thursday in Congress as Democrats worked to divide Republicans and break off just enough support to get a bill moving in the Senate.

(Reuters) - President Barack Obama will revel on Tuesday in the passage of landmark healthcare legislation, a hard-fought win that will help shape his legacy and the Democrats' chances of holding power in the Congress.

(Reuters) - President Barack Obama picked up support for healthcare reform on Wednesday from a prominent liberal and a group of Catholic nuns, who broke with bishops on the issue of abortion and urged passage of the overhaul.

Under heavy Republican attack, Democrats in the House of Representatives on Tuesday defended plans to pass a healthcare overhaul without a direct vote as President Barack Obama's top domestic priority neared a make-or-break showdown.

President Barack Obama on Monday delivered an emotional closing argument for his healthcare plan, kicking off a week he hopes will end with a conclusive vote in Congress after a year of debate.

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.

(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.