President Obama

Read the latest post-presidency news about President Barack Obama on Newser.com

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Bush: Obama 'Deserves My Silence'

(Newser) - In his first speech as a former president, George W. Bush declined to offer any criticism of his successor. "He deserves my silence," Bush told a group of business leaders in Calgary, reports the Toronto Globe and Mail. “I want the president to succeed. I love my...

White House on Defensive as Schumer Warns AIG

(Newser) - The AIG fury grows. The White House today found itself defending Treasury chief Tim Geithner's handling of the bonus mess as congressional anger rose. Under siege by reporters about why the Obama administration didn't act sooner, spokesman Robert Gibbs said the president retains full confidence in Geithner, the Los Angeles ...

White House Greens Fountains for St. Pat's

First Lady takes a page from her native Chicago

(Newser) - Fountains on the White House lawns run green today in honor of St. Patrick’s Day, the Chicago Tribune reports. The dye was suggested by the First Lady, perhaps to make Pennsylvania Ave a bit more like her native Chicago, which dyes the Chicago River green to mark the holiday....

Obama Names Steelers Owner Ambassador to Ireland

(Newser) - President Barack Obama has tapped Dan Rooney, the owner of the Pittsburgh Steelers, to be US ambassador to Ireland. Rooney, 76, is a lifelong Republican who endorsed Obama during Pennsylvania's contentious Democratic primary and campaigned for him ahead of the general election. A good year continues for Rooney, whose team...

AIG Uproar Squanders Obama Capital
 AIG Uproar 
 Squanders 
 Obama Capital 
ANALYSIS
Mar 17, 2009 4:47 AM CDT

AIG Uproar Squanders Obama Capital

Anger over AIG creates more obstacles for president's agenda

(Newser) - Mounting outrage over the bonuses paid to AIG execs is threatening to bring Barack Obama's presidential honeymoon to a bitter end, the Washington Post reports. Lawmakers from both parties are demanding answers the administration is struggling to provide, and the uproar is threatening to sap both public and congressional support...

Amid Recession, Obama to Prod Weary DNC Donors

(Newser) - President Obama is set to address a Democratic fundraiser later this month—the first such event of his presidency—but the money might not flow from donors cowed by recession and overextended after the recent election, Bloomberg reports. “Nonetheless,” said a White House deputy press secretary, “the...

Give Summers' Genius More Leeway
 Give Summers' 
 Genius More Leeway 
OPINION
Mar 16, 2009 3:13 PM CDT

Give Summers' Genius More Leeway

To combat crisis, perhaps Obama's economic genius should be given free reign: Scheiber

(Newser) - The most common worry over Larry Summers’ directorship of President Obama’s economics advisory council has been that his hard-charging intellectual style would alienate politicians the administration needs, writes Noam Scheiber in the New Republic. But considering Summers’ experience as Clinton’s Treasury Secretary, as well as his prescient 1991...

Obama Will Hit Tonight Show Again

(Newser) - Barack Obama will appear on The Tonight Show with Jay Leno this Thursday during his tour of Southern California, the New York Times reports. Obama was a guest on Leno during the campaign, but sitting presidents rarely appear on late-night television. Aides say Obama will address issues related to the...

In Bailout Fight, Team Obama Fears Backlash
In Bailout Fight, Team
Obama Fears Backlash
analysis
Mar 16, 2009 8:56 AM CDT

In Bailout Fight, Team Obama Fears Backlash

Prez could be seen as bank 'advocate,' sparking anger

(Newser) - The Obama administration is getting more and more nervous about the possibility of a populist backlash, as anger toward the institutions at the heart of the financial crisis swells, the New York Times reports. That anger may be aimed at anyone linked to Wall Street—including the government that’s...

AIG Used Bailout Cash to Pay Wall Street Debt

$75B went to banks, municipalities

(Newser) - More details are emerging after AIG unexpectedly revealed where it channeled bailout funds, the Washington Post reports. More than $34 billion went to AIG Financial Products, whose toxic derivatives brought the parent organization to near collapse last year. The subsidiary used part of that money to pay banks that started...

Bernanke Optimistic in Rare TV Interview

Fed chairman sits down for rare one-on-one amid crisis

(Newser) - The recession will likely end this year, Fed Chairman Ben Bernanke declared yesterday on 60 Minutes in his first interview since taking office. Fed chairmen don't typically give TV interviews—the last one was Alan Greenspan in 1987—but Bernanke ventured out from behind the curtain to reassure the public....

Valerie Jarrett: Obama's Consigliere

Senior adviser and family friend speaks softly, carries big clout

(Newser) - Among the strong-willed Beltway rockstars that make up President Obama's White House, senior adviser Valerie Jarrett's style is strikingly low key. But while Jarrett lacks the Washington experience of Rahm Emanuel or David Axelrod, she makes up for it with a deft ability to manage big egos and keep outside...

Dems Draw a Bead on 'Party of No'

After earmark battle, a plan to show GOP as devoid of ideas

(Newser) - Democrats are going on the attack in a new campaign labeling Republicans as “the party of ‘no,’” Politico reports. Officials and ads will argue that Republicans are playing a knee-jerk political game in opposing Democratic measures, like President Obama’s budget proposal, without offering alternatives. The...

Prez Won't Fight Tax on Health Benefits

Plan echoes McCain proposal slammed by campaigning Obama

(Newser) - Despite attacking John McCain for the idea on the campaign trail, President Obama will not oppose taxing some worker health benefits to fund health care reform, reports the New York Times reports. On the stump, Obama called a similar plan “the largest middle-class tax increase in history.” While...

President: Don't Worry About T-Bills

Investors, especially China, should have 'absolute confidence'

(Newser) - T-bills are safe bets, says President Obama. In response to the much-publicized worry expressed by Beijing about its US assets, Obama today offered a clear response: "I think that not just the Chinese government, but every investor, can have absolute confidence in the soundness of investments in the United...

New Strategy for Obama: Blame Bush

Post-partisan pledges give way to new attack role

(Newser) - President Obama is reminding Americans more and more lately that he's inherited much of this mess from George Bush, reports the Washington Post. It's a shift for Obama, who has long preached against the petty politics of old. The move comes as Republicans step up their own attacks against Obama...

Obama Promises Food-Safety Overhaul

Cites 'public health hazard,' names FDA picks

(Newser) - President Obama announced a food-safety overhaul in his weekly radio address today, describing a new panel that will review the issue and naming his choices for FDA heads, the New York Times reports. “In the end, food safety is something I take seriously, not just as your president, but...

Irish Home of Prez's Ancestor Has O'Bama Fever

(Newser) - Moneygall, Ireland, has two pubs, 298 people, and happens to be the birthplace of Barack Obama’s great-great-great-grandfather, the Los Angeles Times reports. The fact is not lost on the quaint hamlet, where one pub flies an American flag and the plumbing supply company uses the president’s face in...

Summers: Stimulus Is Starting to Work

(Newser) - Larry Summers sounded a note of cautious optimism today about President Obama's stimulus plan, the Washington Post reports. While it's way too early to assess its "broader economic impact," Obama's chief economic adviser called it "moderately encouraging" that consumer spending appears to be back on track.

Obama Aide on Leave After DC Raids
Obama Aide
on Leave After DC Raids
Mar 12, 2009 10:45 PM CDT

Obama Aide on Leave After DC Raids

Computer chief isn't charged, but his old office is involved

(Newser) - President Obama's new computer chief is on leave after the FBI raided his old DC government office and arrested a city employee and a technology consultant on corruption charges, a White House official said. Vivek Kundra has not been charged, and he does not appear to be a target of...

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