Barack Obama

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

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Obama, Brown Push for Urgent G20 Action

President and PM want tougher bank rules to end recession

(Newser) - Barack Obama and British PM Gordon Brown today urged G20 members to “do whatever is necessary” to fix the global economic crisis, the Guardian reports. The two world leaders held a joint press conference on the eve of the G20 summit, at which Obama declared “the separation between...

Obamas Arrive in Britain
 Obamas Arrive in Britain 
Mar 31, 2009 2:28 PM CDT

Obamas Arrive in Britain

President readies for G20 summit tomorrow

(Newser) - President Obama has arrived in Europe, with a hefty economic and political agenda for his first journey across the Atlantic since taking office two months ago. The first stop for the president and first lady was London, with the focus on the G20 meeting of the world's major economic powers...

Was Obama Tough Enough?
 Was Obama Tough Enough? 
Editorial Roundup
Mar 31, 2009 8:57 AM CDT

Was Obama Tough Enough?

(Newser) - Barack Obama gave GM and Chrysler some tough love yesterday. Too tough, or too much love? Here’s what the papers are saying:
  • Obama “delivered a believable, sharp, and necessary ultimatum,” says the Washington Post. He rightly demanded union concessions, and put bankruptcy back on the table.
  • But
...

Obamas Off on Euro Tour
 Obamas Off on Euro Tour 
Mar 31, 2009 8:55 AM CDT

Obamas Off on Euro Tour

(Newser) - Barack and Michelle Obama set off this morning for Great Britain, the first stop in an ambitious European tour centered on the G-20 meeting Thursday. Obama will be pushing a hefty agenda on this trip, Reuters reports, championing proposals to bring greater international regulatory oversight to hedge funds and “...

Auto Plan Drives GOP in Different Directions

Parochial concerns results in a less-than-unified response

(Newser) - Republicans were caught off guard by Obama’s auto moves yesterday, and they responded in wildly different ways, Politico reports. Some complained the president hadn’t been hard enough on GM and Chrysler, while others groused that he’d been harder on them than he’d been on Wall Street....

Medvedev: Obama and I Must Work Together

Russian president praises and needles US in op-ed

(Newser) - Relations between the US and Russia were testy, to say the least, by the end of 2008—a condition for which Dmitry Medvedev, not surprisingly, blames Washington. In a needling op-ed for the Washington Post, the Russian president writes that the proposed missile defense system and support for Georgia and...

GM Plummets; Dow Down 254
 GM Plummets; Dow Down 254 
MARKETS
Mar 30, 2009 3:22 PM CDT

GM Plummets; Dow Down 254

Materials, banks see broad declines

(Newser) - Carmakers led stocks down today, after GM and Chrysler' reconstruction plans were rejected by the Obama administration, the Wall Street Journal reports. GM closed down 25%; parts and materials makers like Goodyear and Alcoa were also sharply lower, as were financials on continued uncertainty in that sector. The Dow fell...

Senate Dems Are Tanking the Party... Again
Senate Dems Are Tanking
the Party... Again
OPINION
Mar 30, 2009 1:06 PM CDT

Senate Dems Are Tanking the Party... Again

Why the left can't seem to govern

(Newser) - Congressional Democrats killed Bill Clinton’s agenda, and Jimmy Carter’s agenda, and it looks like they’re gunning for Barack Obama’s, too, writes Jonathan Chait in the New Republic. George Bush didn’t win the popular vote and had just 50 GOP Senators, but was still able to...

Obama: No Auto Bailout Without More Concessions

(Newser) - GM and Chrysler got tough love from Barack Obama today, with the president declaring that they haven't made substantial enough changes to justify another federal bailout, and decrying the “failure of leadership” to come up with viable restructuring plans. Obama said the companies would have to regroup radically to...

Obama, DC Elite Are NCAA Washouts

(Newser) - Barack Obama may be a gifted politician, but a gifted bracketologist he is not. NCAA brackets across the nation’s capital were shredded this weekend, the Hill reports, as a slew of upsets took down all but one of the tournament’s top seeds. Just one member of the president’...

Obamas Will Pick Up Tab for White House Renovations

First family turns down $100K in public cash

(Newser) - Barack and Michelle Obama won’t be using the $100,000 in taxpayer cash the first family is allotted for White House renovations, New York magazine reports. Instead, they’ll fund their fix-up out of their own pockets. Which may be a good political investment, since they’ve hired Michael...

Merkel Emerges as Obama's Main Rival

German chancellor emphasizes friendship, but opposes stimulus

(Newser) - Angela Merkel stresses that she is a friend of the United States and wants Washington to play "a strong role in the world"—but ahead of the G20 summit this week, the German chancellor has emerged as the strongest and most unwavering opponent of Barack Obama's call for...

Obama: G20 Will Prepare World for Recovery

Upbeat prez dismisses rift with Europe over need for stimulus

(Newser) - Barack Obama voiced optimism for a global deal at this week's G20 summit in London and downplayed talk of a split between the US and Europe, in his first interview with a foreign publication, the Financial Times. Saying that "we need stimulus and we need regulation," the president...

Obama: Make Middle-Class Tax Cuts Permanent

Geithner defends Treasury handling of AIG bonuses

(Newser) - President Obama hit the Sunday talk show circuit today, vowing to push Congress for a permanent middle-class tax cut for as long as it takes. “I strongly believe that we should continue those tax cuts,” Obama told CBS’ Face the Nation. “It’s still the right thing...

Obama Rolls Out Sunday Best for TV Talkers

Prez turns to political talk shows in risky strategy

(Newser) - In his embrace of YouTube and town hall meetings, President Obama hasn’t forsaken “the old gray mare of Washington journalism:” the Sunday talk shows, Mike Allen writes on Politico. Obama, Timothy Geithner, and Robert Gates will fan out across the airwaves tomorrow to advance their agenda, but...

Krugman Emerges as 'Voice of Loyal Opposition'

Newsweek sees lefty economist as top critic

(Newser) - Monday’s issue of Newsweek will have a pretty striking cover story. The headline “OBAMA IS WRONG: The Loyal Opposition of Paul Krugman,” will be plastered over a close-up of the Nobel Prize-winning economist, reports Politico. "Every once in a while," writes Newsweek editor Jon Meacham,...

Obama to Give Automakers More Aid

(Newser) - President Obama will likely approve billions of dollars more in loans to General Motors and Chrysler on Monday, but attach a deadline for union and bondholder concessions to help the automakers survive, insiders tell the New York Times. Obama's auto task force will also keep government-managed bankruptcy as an option...

Obama to Outline Plan for Auto Industry Monday

President will discuss required conditions for further government aid

(Newser) - President Obama is nearing a decision on whether to give automakers more bailout money and will lay out his plan for the future of the industry Monday, the Detroit News reports. The president “will outline what he thinks is the best way forward," spokesman Robert Gibbs said, including...

Main Threat to Obama's Afghan Plan: Obama's Afghan Plan

Middle-ground strategy on militants not realistic

(Newser) - President Obama could be undermining his own strategy to combat militants in Afghanistan and Pakistan, David Cloud writes for Politico. The strategy—increase the number of US troops but also draw greater support from allies—“keeps the US committed but not too committed,” says Cloud, questioning if the...

Liberal Groups' Attack Ads on Moderate Dems Not Helpful: Reid

MoveOn should back off, majority leader says

(Newser) - Senate Majority Leader Harry Reid says left-wing groups shouldn’t run ads pressuring moderate Democrats into backing President Obama’s budget, Politico reports. “I think it’s very unwise and not helpful,” Reid said today of the efforts by Moveon.org and Americans United for Change to convert...

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