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Blagojevich declares innocence, won't resign

CHICAGO, Dec. 19, 2008 (Reuters) — Illinois Gov. Rod Blagojevich said on Friday he had done nothing wrong and would not resign in the wake of charges he tried to sell the U.S. Senate seat vacated by President-elect Barack Obama. ...  > full story

Obama promises to bolster financial regulation

CHICAGO, Dec. 19, 2008 (Reuters) — President-elect Barack Obama promised on Thursday to strengthen financial regulatory agencies and crack down on runaway "greed and scheming" in an effort to restore stability to a reeling U.S. economic system. ...  > full story

Obama to pick Ron Kirk as U.S. trade chief: source

WASHINGTON, Dec. 18, 2008 (Reuters) — President-elect Barack Obama will nominate former Dallas Mayor Ron Kirk to be U.S. trade representative, a source familiar with decision said on Thursday. ...  > full story

Obama picks ex-Treasury official Gensler for CFTC

CHICAGO, Dec. 18, 2008 (Reuters) — President-elect Barack Obama has decided to name former Treasury official Gary Gensler to head the Commodities Futures Trading Commission, which regulates the U.S. commodity futures and options market, a Democratic official said on Thursday. ...  > full story

Obama picks new head of SEC

CHICAGO, Dec. 18, 2008 (Reuters) — U.S. President-elect Barack Obama was set on Thursday to name seasoned regulator Mary Schapiro to head the Securities and Exchange Commission as he considers a major overhaul of the heavily criticized agency. ...  > full story

Obama to name Tarullo to open Fed seat: report

WASHINGTON, Dec. 18, 2008 (Reuters) — President-elect Barack Obama on Thursday will name Daniel Tarullo, a Georgetown University law professor, to take an open seat on the Federal Reserve Board, Bloomberg News reported, citing a Democrat familiar with the decision. ...  > full story

Only third of Japanese think U.S. ties healthy

TOKYO, Dec. 18, 2008 (Reuters) — Only a third of Japanese think ties with the United States, Tokyo's most important security ally, are in good shape, according to a poll released just weeks before President-elect Barack Obama takes office. ...  > full story

Obama picks regulatory insider for SEC job

CHICAGO, Dec. 17, 2008 (Reuters) — President-elect Barack Obama has chosen seasoned regulator Mary Schapiro to lead the U.S. Securities and Exchange Commission, an agency that has come under fire after the Wall Street meltdown exposed lapses in its oversight. ...  > full story

Geithner to face tough crisis questions in Senate

NEW YORK, Dec. 17, 2008 (Reuters) — Timothy Geithner's biggest selling point as nominee for U.S. Treasury Secretary may haunt him when the Senate considers him for the post: his deep involvement in combating the global financial crisis. ...  > full story

Bush to host Obama, former presidents at luncheon

WASHINGTON, Dec. 17, 2008 (Reuters) — President George W. Bush will host a lunch on January 7 for President-elect Barack Obama to meet with all the living former U.S. presidents who will share their experiences with the incoming leader, the White House said on Wednesday. ...  > full story
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