WASHINGTON (Reuters) – Antonio Weiss, an investment banker
who was a controversial nominee for a top post at the U.S.
Treasury Department, has decided to withdraw from consideration,
the White House said on Monday.
Liberal lawmakers, led by Senator Elizabeth Warren of
Massachusetts, fiercely opposed Weiss’s nomination to the top
Treasury domestic finance job because of his work for investment
bank Lazard, which they viewed as proof of a revolving door
between Wall Street and the U.S. government.
WASHINGTON (Reuters) – President Barack Obama on Monday said he wants to work with Congress on new laws that would do more to protect Americans’ privacy and the trail of data they leave on smart phones, computers and other devices.
Underscoring the threat posed by hackers, the Twitter feed of U.S. Central Command, which leads U.S. military action in the Middle East, was hacked by someone claiming to be associated with Islamic State militants, while Obama spoke.
WASHINGTON, Jan 12 (Reuters) – U.S. President Barack Obama
on Monday plans to discuss three new proposed laws aimed at
protecting Americans and the trail of data they leave on smart
phones, computers and other devices.
Congress has long wrestled with how to beef up federal laws
to protect consumers and their privacy, a struggle that
intensified after hackers stole massive amounts of credit card
data from companies like Target and Home Depot
WASHINGTON, Jan 8 (Reuters) – President Barack Obama wants
to make two years of community college free and universally
available, a proposal he said on Thursday he would flesh out in
his State of the Union speech later this month.
White House officials acknowledged the plan would come with
a significant price tag but declined to disclose projected
costs, saying those details would come in Obama’s budget on Feb.
WASHINGTON (Reuters) – (Corrects time element to “half-century” from “half-decade” in 3rd paragraph)
Only two-and-a-half weeks after U.S. President Barack Obama announced a historic prisoner exchange and re-establishment of long-broken ties with Cuba, his new policy is encountering obstacles that threaten to flare up when Congress returns next week.
WASHINGTON (Reuters) – Only two-and-a-half weeks after U.S. President Barack Obama announced a historic prisoner exchange and re-establishment of long-broken ties with Cuba, his new policy is encountering obstacles that threaten to flare up when Congress returns next week.
Questions surrounding Havana’s human rights record and the promised release of Cuban detainees have the potential to inflame anti-Havana passions on Capitol Hill, where the House and Senate are expected to hold hearings soon after they resume on Tuesday.
NEW YORK, Dec 31 (Reuters) – The United States missed a
year-end deadline for publishing new rules on remote-control
aircraft, delaying an eagerly awaited step toward using drones
in everything from farming to package delivery.
Businesses have been clamoring for rules to allow
commercial drone flights, fearing the United States is falling
behind other countries in developing a multibillion-dollar
WASHINGTON/LOS ANGELES (Reuters) – Faced with the most destructive cyber attack of a company on U.S. soil, President Barack Obama resorted to humor to explain an absurd plot that even Hollywood did not see coming.
In his rebuke of Sony Pictures’ decision to shelve “The Interview,” about a fictitious plot to assassinate North Korean leader Kim Jong Un, Obama said the public did not have to look farther than the film’s stoner-comedy stars to gauge its threat.
WASHINGTON (Reuters) – Normalized relations with Cuba will give the United States its best chance to influence the communist-ruled island, President Barack Obama said on Friday, and he urged Congress to ease the U.S. economic embargo against Havana.
Obama, who announced on Wednesday that Washington was restoring diplomatic relations with Havana, said the historic end of decades of hostility between the two countries would not bring quick changes but ultimately would lead to greater freedom for the Cuban people.
WASHINGTON (Reuters) – U.S. President Barack Obama on Friday said Sony Pictures “made a mistake” in pulling the satirical film “The Interview” after suffering a devastating cyber attack blamed on North Korea. “I wish they (Sony) would have spoken to me first,” Obama said at a news conference. “I would have told them, ‘Do not get into a pattern in which you’re intimidated by these kinds of criminal attacks.’”
Obama made the remarks after the Federal Bureau of Investigation said North Korea was behind the cyber attack over the film about a fictional plot to assassinate North Korean leader Kim Jong Un.