| Factbox: Five endangered Dodd-Frank rules Wed,3 Aug 2011 09:38 PM PDT Reuters - (Reuters) - The recent defeat of the U.S. Securities and Exchange Commission's proxy access rule in a federal appeals court could embolden industry groups to mount similar legal challenges to other rules required by the Dodd-Frank financial oversight law.Full Story | |
| Analysis: Bruised regulators brace for Dodd-Frank court fights Wed,3 Aug 2011 09:15 PM PDT Reuters - WASHINGTON (Reuters) - U.S. regulators are scrambling to bulletproof dozens of financial reforms after a court last month tossed out an important part of the Dodd-Frank financial oversight law. Full Story | |
| Congress leaders agree on path to trade deals Wed,3 Aug 2011 08:33 PM PDT Reuters - WASHINGTON (Reuters) - Congressional leaders said on Wednesday they have agreed upon a path to approve three long-delayed free trade agreements and a program to help U.S. workers who lose their jobs because of foreign competition. Full Story | |
| Oregon Representative Wu resigns in wake of controversy Wed,3 Aug 2011 06:43 PM PDT Reuters - WASHINGTON (Reuters) - Oregon Democratic Congressman David Wu, accused of an unwanted sexual encounter with a campaign donor's 18-year-old daughter, gave notice of his resignation late on Wednesday. Full Story | |
 CHICAGO (Reuters) - President Barack Obama turned his 50th birthday into a 2012 campaign fundraising bonanza on Wednesday, buoyed by a hometown crowd after what he called a frustrating period locked in a debt battle with Republicans. | |
| White House explores options on FAA shutdown Wed,3 Aug 2011 05:16 PM PDT Reuters - WASHINGTON (Reuters) - The White House said on Wednesday it was looking at ways to end a partial shutdown of the Federal Aviation Administration that has halted airport construction projects employing thousands of people and extended the summer's political battles. Full Story | |
| Top adviser quits Pawlenty presidential campaign Wed,3 Aug 2011 04:43 PM PDT Reuters - WASHINGTON (Reuters) - Republican presidential candidate Tim Pawlenty's top policy adviser has left the campaign after less than two months, a Pawlenty spokesman said on Wednesday. Full Story | |
| What do you get for preventing a U.S. default? Fries Wed,3 Aug 2011 03:54 PM PDT Reuters - WASHINGTON (Reuters) - Aside from the warm fuzzy feeling of having helped prevent a recession, what does a White House staffer get for working long hours to raise the U.S. debt ceiling? Full Story | |
 WASHINGTON (Reuters) - Defense Secretary Leon Panetta warned on Wednesday that any across-the-board cuts to defense spending as part of the next stage of deficit reduction efforts could do "real damage" to national security. | |
 WASHINGTON/NEW YORK (Reuters) - The United States has a jobs problem and there's not a lot President Barack Obama or Federal Reserve Chairman Ben Bernanke can do about it. | |
 WASHINGTON (Reuters) - President Barack Obama will take a three-day campaign-style bus tour through the American Midwest this month, as he tries to refocus attention on jobs seen as vital to his chances of winning re-election in 2012. | |
 WASHINGTON (Reuters) - U.S. states are making "unprecedented" cuts to unemployment benefit programs, hoping to keep their budgets in line as the country's jobless rate shows no sign of budging, according to a report the National Employment Law Project released on Wednesday. | |
| White House explores options on FAA shutdown Wed,3 Aug 2011 12:45 PM PDT Reuters - WASHINGTON (Reuters) - The White House said on Wednesday it was looking at ways to end a partial shutdown of the Federal Aviation Administration that has halted airport construction projects employing thousands of people and extended the summer's political battles. Full Story | |
 WASHINGTON (Reuters) - The U.S. debt ceiling crisis had an unnecessary negative impact on the economy, President Barack Obama said on Wednesday, while a congressional impasse over aviation could cost the government $1 billion in lost revenues. | |
| Obama urges Russia to wrap up WTO bid by year end Wed,3 Aug 2011 10:36 AM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama on Wednesday urged Russia to resolve issues blocking its entry into the World Trade Organization by the end of the year, the White House said. Full Story | |
| White House looking to increase pressure on Syria Wed,3 Aug 2011 10:14 AM PDT Reuters - WASHINGTON (Reuters) - The White House said on Wednesday it exploring ways to increase pressure on the Syrian government to end violence against civilians and placed the blame squarely on Syrian President Bashar al-Assad. Full Story | |
 WASHINGTON (Reuters) - President Barack Obama on Wednesday urged Russia to work with other World Trade Organization members to conclude talks to join the group by the end of the year. | |
| U.S. says ratings cut wouldn't impact debt strategy Wed,3 Aug 2011 09:36 AM PDT Reuters - WASHINGTON (Reuters) - Senior Treasury officials on Wednesday played down chances that their future debt sales strategy will be affected by a possible downgrade of U.S. debt by ratings agencies. Full Story | |
| Still no path to approve trade bills: senator Wed,3 Aug 2011 08:33 AM PDT Reuters - WASHINGTON (Reuters) - The White House and Congress have failed to reach a deal to ease the passage of three long-delayed free trade agreements when lawmakers return from recess in September, a top senator said. Full Story | |
| U.S. defense cuts won't be done in "hasty" way: Panetta Wed,3 Aug 2011 07:48 AM PDT Reuters - WASHINGTON (Reuters) - Defense Secretary Leon Panetta vowed on Wednesday to ensure that $350 billion in defense cuts included in a spending deal this week are not carried out in a "hasty, ill-conceived way" that would hurt U.S. national security. Full Story | |
 WASHINGTON (Reuters) - The chaotic and often ugly debt-ceiling talks managed to avert a potential economic catastrophe but inflicted new damage to the political reputations of most of the key players. | |
 WASHINGTON (Reuters) - The Senate on Tuesday unanimously confirmed Earl Anthony Wayne as U.S. ambassador to Mexico, a post vacated when Washington's last envoy stepped down in a public spat. | |
 WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said the bitterly fought debt agreement signed into law on Tuesday is a move toward restoring fiscal responsibility and creates room to deal with the nation's economic challenges. | |
| WASHINGTON (Reuters) - The chaotic and often ugly debt-ceiling talks managed to avert a potential economic catastrophe but inflicted new damage to the political reputations of most of the key players. | |
| Senate panel approves CFTC nominee Wetjen Tue,2 Aug 2011 04:20 PM PDT Reuters - WASHINGTON (Reuters) - The Senate Agriculture Committee approved the nomination of a Democratic commissioner to the U.S. futures regulator on Tuesday, an appointment that if confirmed could prove pivotal in the implementation of some far-reaching Wall Street reforms. Full Story | |
| Senate fails to end partial FAA shutdown Tue,2 Aug 2011 03:08 PM PDT Reuters - WASHINGTON (Reuters) - The Senate failed in a last-minute bid on Tuesday to end a partial shutdown of federal aviation programs that has halted airport construction projects and thrown tens of thousands of people out of work. Full Story | |
| Congress plans to block consumer agency job Tue,2 Aug 2011 02:07 PM PDT Reuters - WASHINGTON (Reuters) - Congressional Republicans plan to block President Barack Obama from appointing a director for the new consumer agency over the August congressional recess. Full Story | |
| Senate should act on highway bill after break: Reid Tue,2 Aug 2011 01:16 PM PDT Reuters - WASHINGTON (Reuters) - The Senate should take up legislation laying out how much money the country will spend on roads, bridges and highways when it returns from its month-long recess, Majority Leader Harry Reid said on Tuesday. Full Story | |
 PHOENIX (Reuters) - Representative Gabrielle Giffords, who made a dramatic return to Congress for the first time since an assassination attempt in January, has not decided whether to run for re-election next year, her spokesman said on Tuesday. | |
| U.S. rating at risk of negative outlook: Fitch Tue,2 Aug 2011 01:05 PM PDT Reuters - NEW YORK (Reuters) - Fitch Ratings does not rule out slapping a negative outlook on the U.S. AAA rating when it concludes a review of the country later this month, the agency's top analyst for the United States said on Tuesday. Full Story | |
 WASHINGTON (Reuters) - President Barack Obama said on Tuesday a just-passed bill to raise the U.S. debt ceiling and cut spending was a first step toward ensuring the United States lives within its means but that more was needed to rebuild the world's largest economy. | |
 PHOENIX (Reuters) - Rep. Gabrielle Giffords has made no decision about her political future despite returning to Congress for the first time since an assassination attempt in January, her spokesman said on Tuesday. | |
 WASHINGTON (Reuters) - Representative Gabrielle Giffords returned to the U.S. House on Monday night for the first time since an assassination attempt, drawing thunderous applause in a rare moment of unity during a contentious vote to raise the U.S. debt ceiling. | |
 WASHINGTON (Reuters) - Tea Party conservatives scored their biggest political triumph with a debt-ceiling deal that cuts federal spending, but their hardline tactics could risk a voter backlash in the 2012 elections. | |
 WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said he is not sure whether the bitterly fought debt agreement to be considered Tuesday by the Senate will avoid a downgrade of the U.S. top-tier credit rating. | |
 WASHINGTON (Reuters) - President Barack Obama will sign into law a bill raising the government's debt ceiling and cutting spending as soon as it arrives at his desk, White House communications director Dan Pfeiffer said on Tuesday. | |
| Obama to speak after Senate vote on debt deal Tue,2 Aug 2011 07:27 AM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama will make a statement at the White House after the Senate votes on a bill to raise the debt ceiling and cut the deficit, the White House said Tuesday. Full Story | |
| Efforts to end FAA shutdown falter in Senate Tue,2 Aug 2011 05:21 AM PDT Reuters - WASHINGTON (Reuters) - Efforts to craft a compromise to end a partial shutdown of federal aviation programs faltered in the U.S. Senate on Monday night, raising the near certainty that the standoff will go through August. Full Story | |
| Relief on debt deal but more cuts needed: OECD Tue,2 Aug 2011 05:21 AM PDT Reuters - ATHENS (Reuters) - A last-minute deal on the U.S. debt brings welcome relief but further negotiations involving much bigger cuts will be needed to resolve America's debt problem, the OECD's top official said Tuesday. Full Story | |
| Debt still a threat to global economy: report Tue,2 Aug 2011 05:21 AM PDT Reuters - BEIJING (Reuters) - The United States' debt woes still threaten the global economy despite a last-minute deal struck by the White House and political party leaders, China's main official newspaper said on Tuesday, nonetheless adding there was no short-term escape from the dominance of the dollar. Full Story |
