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Obama may consider Summers as Fed chief: Democrat

CHICAGO, Nov. 21, 2008 (Reuters) — U.S. President-elect Barack Obama may consider Lawrence Summers as a successor to Federal Reserve Chairman Ben Bernanke, whose term expires in January 2010, a Democratic source told Reuters on Friday. ...  > full story

Bush, Hu to meet ahead of APEC summit

LIMA, Nov. 21, 2008 (Reuters) — U.S. President George W. Bush and Chinese President Hu Jintao planned to discuss North Korea's nuclear program on Friday evening as Asia Pacific leaders gathered for an annual economic summit amid the worst financial crisis since the 1930s. ...  > full story

Obama picks Geithner for Treasury: report

CHICAGO, Nov. 21, 2008 (Reuters) — President-elect Barack Obama has selected Timothy Geithner as Treasury secretary, charging the respected head of the New York Federal Reserve with pulling the United States out of an economic nosedive, NBC news reported on Friday. ...  > full story

Fed's Geithner to be tapped for Treasury: reports

WASHINGTON, Nov. 21, 2008 (Reuters) — Timothy Geithner, the president of the New York Federal Reserve Bank, is expected to be tapped by President-elect Barack Obama to be the next secretary of the U.S. Treasury, NBC News and the Wall Street Journal reported on Friday. ...  > full story

Obama pledges fresh view on U.S. role in world

CHICAGO, Nov. 21, 2008 (Reuters) — With his choice of Hillary Clinton as secretary of state all but certain, President-elect Barack Obama promised on Friday to bring a "fresh perspective" to U.S. relations with the rest of the world. ...  > full story

U.S. attorney general back at work after fainting

WASHINGTON, Nov. 21, 2008 (Reuters) — U.S. Attorney General Michael Mukasey returned to work on Friday after a "fainting spell" during a speech sent him to hospital the night before. ...  > full story

Pelosi: Economic stimulus tops '09 agenda

WASHINGTON, Nov. 21, 2008 (Reuters) — Passage of a broad economic stimulus bill, including tax cuts, will be a top priority of the next Congress when it convenes in January, House of Representatives Speaker Nancy Pelosi said on Friday. ...  > full story

Bush signs law extending unemployment insurance

WASHINGTON, Nov. 21, 2008 (Reuters) — President George W. Bush on Friday signed into law an extension of unemployment benefits, the White House said. ...  > full story

Democrats demand Big 3 offer survival plan

WASHINGTON, Nov. 21, 2008 (Reuters) — Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans. ...  > full story

Senate sends Bush expanded jobless benefits bill

WASHINGTON, Nov. 20, 2008 (Reuters) — The U.S. Senate on Thursday passed and sent to President George W. Bush legislation to extend jobless benefits for those who have been unemployed for a prolonged period in an economy that has been shedding jobs. ...  > full story
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