The U.S. Treasury, under pressure to revive lending, is demanding monthly reports from the banks that received the most capital from the government’s $700 billion rescue program. Neel Kashkari, the official who administers the Troubled Asset Relief Program, wrote to ...

Tagged with: bank Bank of America Barack Obama Citigroup Inc. Henry Paulson Michael Hanretta Neel Kashkari treasury Troubled Asset Relief Program

Barack Obama begins his term as 44th president of the United States with an ambitious agenda in addition to the pressing problems posed by an economic and financial crisis. Before he can get to either, the new president needs to ...

Tagged with: Barack Obama Ben Bernanke economy Federal Reserve Henry Paulson Troubled Asset Relief Program

My senses and spirit tingled with the pure energy of possibility when I was in Chicago on Election Day on Nov. 4, 2008. So much history was being made. Hope was in the air, shared by millions. That golden moment ...

Tagged with: Barack Obama economy foreclosure income-tax rebate jobs stimulus

It’s one thing for Barack Obama to begin his presidency with a call to rebuild the economy. It’s another to get the bulldozers moving. About $30 billion of Obama’s $825 billion economic stimulus plan is being set aside for highways ...

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In the years that followed the attacks of Sept. 11, 2001, U.S. officials debated internally how hurtful the pain, how humiliating the degradation, how frightening the sense of drowning that American interrogators could legally inflict on suspected enemies. The predictable ...

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Want to foster greater responsibility, Mr. President? Give investors a greater say in how their companies are run. That should be a no-brainer and part of any plan to reform the U.S. financial system. Mary Schapiro, the new administration’s pick ...

Tagged with: Barack Obama Mary Schapiro Securities and Exchange Commission

President Obama’s inauguration Tuesday was – what? Milestone seems too small a word, historic too clichéd. On the day my father was born, William McKinley was president. In a span of 76 years, my father witnessed the progression from horse-drawn ...

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The Obama administration, asserting “the interests of justice,” is seeking a 120-day pause in military war-crimes trials of suspected terrorists detained at Guantanamo Bay Naval Base in Cuba. Military judges on Wednesday granted requests by the administration to delay two ...

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President Barack Obama said he’s freezing the pay of senior White House staff employees who make more than $100,000 a year and imposing new ethics rules designed to diminish the influence of lobbyists. Obama also said he is ordering federal ...

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Clara Osborne serves cake to her fellow employees at Fields & Brown, Kansas City's largest minority-owned firm, as they gathered in a conference room to watch President Barack Obama's inauguration on Tuesday. Obama, the first African-American to be elected president, is also the 26th lawyer to hold the office, according to the American Bar Association

Tagged with: Barack Obama Charles Brown Clara Osborne Fields & Brown Kansas City minority-owned firm

Washington University Law School's Dr. Cheryl Block and faculty assistant Jo Hobbs applaud as Sen. Barack Obama is sworn in as the 44th president of the United States. The law school mock trial room was full at 11 a.m. Tuesday to watch the ceremony on a jumbo TV screen put up for the event.

Tagged with: Barack Obama Jo Hobbs Washington University Law School