Mark's Feed
Aug 2, 2014

U.S. administration transferring $405 million for border operations

WASHINGTON (Reuters) – The Department of Homeland Security notified Congress on Friday that it will transfer $405 million from other programs to deal with an immigration crisis on the southwestern border, a senior administration official said.

Congress left for a five-week recess without wrapping up an emergency spending bill to address the explosion of child migrants in the U.S. Southwest, where 57,000 children traveling alone have tried to enter the United States from Central America this year.

Aug 1, 2014

Obama calls House immigration bill extreme, vows action

WASHINGTON (Reuters) – President Barack Obama said on Friday immigration legislation on track to pass in the House of Representatives is unworkable and will force him to act on his own to address pressures from a surge of illegal immigrants on the southwestern border.

“House Republicans, as we speak, are trying to pass the most extreme and unworkable versions of a bill that they already know is going nowhere,” he told reporters at a news conference.

Aug 1, 2014

Obama says will be hard to get a new ceasefire in Gaza

WASHINGTON (Reuters) – President Barack Obama said on Friday that it will be difficult to achieve a ceasefire in Gaza after the latest truce fell apart but he strongly defended Secretary of State John Kerry for his failed diplomatic drive.

Obama’s comment at a White House news conference suggested the limited impact that diplomacy is having as Israel tries to dismantle Hamas tunnel networks in Gaza and the Palestinian militants fight back.

Jul 31, 2014

Boehner warns on unilateral immigration action by Obama

WASHINGTON (Reuters) – House of Representatives Speaker John Boehner said on Thursday that any unilateral steps by President Barack Obama on immigration would make matters worse and add to a “legacy of lawlessness.”

“No more unilateral action by the president,” Boehner said at a news conference.

Jul 30, 2014

White House condemns shelling of U.N. school in Gaza

WASHINGTON (Reuters) – The White House condemned the shelling on Wednesday of a United Nations school in Gaza that local authorities estimated killed at least 15 Palestinians sheltering there.

“We are extremely concerned that thousands of internally displaced Palestinians who have been called on by the Israeli military to evacuate their homes are not safe in U.N. designated shelters in Gaza,” White House National Security Council spokeswoman Bernadette Meehan said.  “We also condemn those responsible for hiding weapons in United Nations facilities in Gaza.”

Jul 8, 2014

Factbox: Obama’s request for emergency spending for border crisis

WASHINGTON (Reuters) – President Barack Obama on Tuesday asked Congress for $3.7 billion in emergency spending to deal with a surge in the number of children trying to enter the United States illegally, many of them fleeing crime and violence in Central America.

More than 52,000 unaccompanied minors from Guatemala, El Salvador and Honduras have been caught trying to sneak over the U.S.-Mexico border since October, double the number from the same period the year before. Thousands more have been apprehended with parents or other adults.

Jul 8, 2014

Obama offers to meet Texas Governor Perry over border issue

WASHINGTON (Reuters) – President Barack Obama has offered to meet Texas Governor Rick Perry to discuss the border crisis during a visit to Texas after the governor declined a brief meeting when the president arrives in Austin, the White House confirmed on Tuesday.

“The president would welcome a meeting with you while he is in Texas,” White House aide Valerie Jarrett wrote to Perry.

Jul 3, 2014

Obama’s bank comments not a signal of new rules: White House

WASHINGTON (Reuters) – President Barack Obama’s recent comments on the need for more bank regulation were intended to underscore the need to keep close watch over market risks rather than to signal a new policy initiative, a White House spokesman said on Thursday.

“He wasn’t referring to any specific regulation or law that he had in mind but rather the need to continue to vigilantly monitor financial markets to assess risks that may be emerging and to ensure that the necessary regulatory protections are in place,” White House spokesman Josh Earnest told reporters at a briefing.

Jul 3, 2014

Obama: more reforms needed to wring risk from banks – report

WASHINGTON (Reuters) – President Barack Obama said on Wednesday he wants additional financial reforms to make sure banks are not tempted to make risky bets that can pay off handsomely for a few if they succeed but can cause widely felt disruptions if they flop.

    Obama said in an interview with American Public Media’s “Marketplace” that he is looking for ways to reform the bank profit and compensation structures to rein in incentives for traders to take big risks.

Jul 1, 2014

Administration warns U.S. states highway funding drying up

WASHINGTON (Reuters) – The Obama administration warned states on Tuesday that federal highway funds will be largely depleted in August, limiting the money states can expect from Washington to pay for road and bridge projects this summer.

The political stalemate in Congress over transportation spending means drivers will have to endure more potholes and detour around more unsafe bridges, delaying commutes, excursions and the delivery of products to market.

    • About Mark

      "Mark Felsenthal is a Reuters White House correspondent who covered Barack Obama's re-election in 2012 and the fiscal crisis that immediately followed. Since joining Reuters in 2001, he has written about monetary policy, currency wars, and the housing market meltdown."
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