Barack Obama

Read the latest post-presidency news about President Barack Obama on Newser.com

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Forget Obama and Congress; Bernanke Has Most Tools

Fed taking a big gamble

(Newser) - Barack Obama’s economic team and its plans get the big headlines, but let’s not forget that Ben Bernanke remains the biggest mover in US economic policy, Robert Samuelson writes in the Washington Post. Bernanke has been inventing new economic tools at a pace never seen before at the...

Volcker Will Call for Tough Measures to Right Economy

Ex-Fed chief says consumerism, unchecked Wall Street to blame for woe

(Newser) - Paul Volcker is known for the tough measures he used as Fed chief to reel in inflation in 1981, risking a recession and widespread pain in the short term to get the economy back on track for the next 2 decades. Now Volcker, tapped as chairman of Obama’s Economic...

Sudan Prepares for Tougher US Stance

Obama's team of humanitarians prepare shift on Darfur

(Newser) - The government of Sudan is getting nervous about the Barack Obama White House. The Bush administration called the situation in Darfur genocide, but did little to stop the carnage that has left 450,000 dead and 2.5 million displaced in western Sudan. But several members of Obama's foreign policy...

Obama Influence Will Be Felt in Lower Courts

Supreme Court is likely set, but underlings decide more cases

(Newser) - Barack Obama isn’t likely to name a Supreme Court justice anytime soon, but he will be shifting the federal judicial balance almost immediately, the Washington Post reports. Democrats currently hold just 36% of appeals court judgeships, but that should jump to 58% by the end of Obama’s first...

Obama Plan Boosts World Stocks
 Obama Plan Boosts 
 World Stocks 
MARKETS

Obama Plan Boosts World Stocks

Asia, Europe soar on multibillion infrastructure proposals

(Newser) - Asian and European stocks advanced substantially today amid hopes that Barack Obama's proposed US stimulus package could pull the world out of an economic dive. In Hong Kong the Hang Seng shot up 7.5%, while in Tokyo the Nikkei closed up 5.2%.  Stock exchanges in London, Paris...

'I Won't Smoke in White House,' Obama Vows

Obama working to stay on the wagon

(Newser) - Barack Obama promised the nation yesterday that he won't be sneaking smokes at the White House. The president-elect, who has been trying to kick his habit, told Meet the Press that he'll respect the mansion's smoke-free policy. He admits having "fallen off the wagon" in the past, but seemed...

Will Economy Tone Down the Inauguration?

Opulent or muted, Obama has chance to set tone for presidency

(Newser) - Unemployment is on the rise. The stock market is in the tank. Is this any time for a party? For the sake of the masses expected for President-elect Barack Obama's inauguration, let's hope so. While Obama must be sensitive to the nation's time of war and recession, there's still reason...

Obama Should Beware 'Best and Brightest'
Obama Should Beware 'Best and Brightest'
OPINION

Obama Should Beware 'Best and Brightest'

A la JFK's Cabinet, too often masks poor judgment, inexperience

(Newser) - Barack Obama has won praise for appointing “the best and the brightest” to his Cabinet during a time of war and economic hardship. But all the back-patting sounds a little too familiar, Frank Rich writes in the New York Times. “The stewards of the Vietnam fiasco had pedigrees...

Obama: Dark Days Ahead, but Cultural Focus Will Re-Emerge
Obama: Dark Days Ahead, but Cultural Focus Will Re-Emerge
Talk Show Roundup

Obama: Dark Days Ahead, but Cultural Focus Will Re-Emerge

Condi makes rounds; UAW pleads for bailout

(Newser) - Barack Obama stressed that the economy will see darker times before things turn around, but promised in a Meet the Press interview that his White House will bring back a focus on culture and science. The president-elect also vowed to kick his smoking habit for good. Elsewhere on the talk...

Top Grads Flood Nonprofit for 'Lowly' Teaching Jobs

Job-hungry grads swamp nonprofit org

(Newser) - Students from the nation’s elite colleges are in hot pursuit of low-paying, high-stress jobs, the Washington Post reports. Inspired by Barack Obama’s message of hope and disillusioned by a battered Wall Street, prospective graduates have boosted applications to Teach for America alone by 50%. “I don’t...

Bill Ayers: I Was Not a Terrorist
 Bill Ayers: I Was Not a Terrorist 
OPINION

Bill Ayers: I Was Not a Terrorist

But I saw no 'path to a rational discussion' during campaign

(Newser) - Even as John McCain was painting him as a domestic terrorist in Barack Obama’s rogues gallery of acquaintances, William Ayers kept silent. “I saw no viable path to a rational discussion,” he writes in today’s New York Times. Now that the election’s over, it’s...

Obama Outlines Ike-Style Public Works Push

May quickly provide infrastructure funding; states want $136B

(Newser) - President-elect Obama pledged today to approve billions in government expenditures on public works projects when he assumes office, the New York Times reports. Invoking Eisenhower’s Interstate program, Obama said “we will create millions of jobs,” possibly by funding some or all of $136 billion in infrastructure projects...

Latest Rage-Reducer: WWOD?
 Latest Rage-Reducer: WWOD? 
OPINION

Latest Rage-Reducer: WWOD?

If Obama can forgive Lieberman, writer can forgive slapdash husband

(Newser) - What would Obama do? Leslie Savan decided not to blast her husband for faulty dishwashing after asking herself this question, she writes in the Seattle Post-Intelligencer, and she's not the only person she knows who's paused in moments of fury to consider the president-elect's level-headed ways. It's "more than...

Harvard Pals Mastermind Transition
Harvard Pals Mastermind Transition

Harvard Pals Mastermind Transition

Law school network continues to propel Obama's rise

(Newser) - Barack Obama has tapped his Harvard Law School connections to staff his transition team, with 20 of his classmates among the dozens of grads shaping the next administration, Politico reports. “The numbers seem very large to me,” said one presidential historian (from Princeton) about what looks like the...

Obama Denies He's ... Gasp! ... a Zune User

President-elect just needed tunes after misplacing iPod: staffer

(Newser) - Barack Obama’s staff went into major spin mode after the president-elect was spotted this week working out with (cover your ears, kids) a Zune, forcing millions to ask what happened to the cool iPod user they thought they’d elected. An spokesman assured the nation that Obama typically uses...

'He Kept Us Safe': Noonan
 'He Kept Us
 Safe': Noonan 
OPINION

'He Kept Us Safe': Noonan

President has one argument to hang his hat on

(Newser) - In the Republican social circles Peggy Noonan swims in, there is much grousing about George W. Bush. These days, however, it’s almost always followed by one sentence: “But he kept us safe.” It’s a meme destined to linger as the final argument for Bush. “There’...

Daschle Begins Push to Reform Health Care

Would-be secretary will ask Americans to contribute ideas

(Newser) - Although his nomination as health secretary hasn't yet been announced, Tom Daschle is already beginning his push for a comprehensive overhaul of the system, the Wall Street Journal reports. In a speech today, Daschle will emphasize that the economic downturn makes it all the more important to lower health care...

Obama Raised a Record $750M
 Obama Raised a Record $750M 

Obama Raised a Record $750M

Dem's haul of $750 million dwarfs McCain funds, historical precedent

(Newser) - Barack Obama literally raised more money for his campaign than he knew what to do with. He hauled in a record $750 million over the course of the campaign cycle, reports the New York Times. When the race ended, $30 million remained unspent. By comparison, John McCain raised $220 million...

Dems: Obama Must Take Charge of Economy Now

There's no time to waste, pols warn

(Newser) - Top Democrats are becoming increasingly frustrated with Barack Obama's reluctance to take charge of the economic crises,  AP reports. The president-elect has consistently said it would be premature for him to dictate solutions to the auto industry's woes, and steer $700 billion in bailout funds, but critics in his...

Putin Sees Warmer Relations With US

(Newser) - Russian Prime Minister Vladimir Putin said the "positive signals" coming from Barack Obama's camp could lead to warmer relations between the two countries, Reuters reports. “If these are not just words, if they get transformed into a practical policy, then of course our reaction will be adequate and...

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