Barack Obama

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

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Obama, Biden Will Huddle With Governors on Economy

GOP participants may resist further bailouts

(Newser) - Barack Obama and Joe Biden will discuss measures to help the ailing economy with America’s governors next Tuesday, the Wall Street Journal reports, with a two-hour, bipartisan working session in Philadelphia. GOP governors are “looking forward” to hearing Obama’s ideas, but will definitely bring plans of their...

Reports: Gates Will Remain at Pentagon

'Done deal' that Bush appointee will stay at least 1 year under Obama

(Newser) - Robert Gates will remain in his post as defense secretary at least through the first year of Barack Obama’s administration, reports ABC News. “It’s a done deal,” an anonymous source told the network today. Obama will reportedly unveil his choice of Gates shortly after Thanksgiving, along...

Obama Should Seek Detente With Medvedev: Buchanan

Russian leader leaves opening to derail march toward new Cold War

(Newser) - President Dmitry Medvedev is signaling that Russia and the US could have a less contentious relationship under Barack Obama, and Obama should heed the call, Pat Buchanan writes in the American Conservative. “Russia does not want the Cold War II that the departing neocons wish to leave on his...

Obama Splits Press Into Cubs and Sox

But president-elect offends one reporter in the process

(Newser) - Barack Obama shows no signs of forgetting his Chicago roots since winning the election: He divided the news media into “Cubs” and “Sox” sections for his news conferences yesterday and today, the Chicago Tribune reports. Assignments seemed to be random, much to the chagrin of Steve Thomma, a...

GOP Hopeful Belonged to Whites-Only Country Club
GOP Hopeful Belonged to Whites-Only Country Club
ANALYSIS

GOP Hopeful Belonged to Whites-Only Country Club

Katon Dawson, candidate for RNC chair, resigned from SC club this summer

(Newser) - One of the candidates for chairman of the Republican National Committee belonged for more than a decade to a whites-only country club, Greg Sargent notes on Talking Points Memo. Katon Dawson, chairman of South Carolina’s Republican Party, resigned from the club in September as he was preparing to run...

Obama Names Budget Director, Vows Reform

Names new budget director

(Newser) - Even as he pushes a massive stimulus package, Barack Obama will trim back other parts of the federal budget, the president-elect promised today. “We cannot sustain a system that bleeds billions of taxpayer dollars on programs that have outlived their usefulness,” he said. “We simply cannot afford...

Slump May Doom Clean Energy Initiatives

Some nations could fall back on fossil fuel

(Newser) - Just as global warming initiatives were gaining serious momentum around the world, the financial crisis looks like it's undermining both the political will and the math that support them, the New York Times reports. With gas prices plummeting, US automakers may be scaling back investment in new technology. In Europe,...

Transition Time No Sweat for Podesta

30K resumes? Clintons? Veteran juggles it all for Obama

(Newser) - The man in charge of Barack Obama’s transition doesn’t just know where the levers of power are—he practically lives in the engine room. John Podesta is managing his immense task—juggling 30,000 resumes for 8,000 jobs, not to mention some big egos—with surprising calm,...

Bush, Obama Team Up on Crisis
 Bush, Obama Team Up on Crisis 

Bush, Obama Team Up on Crisis

President huddles with his successor on bailout plans

(Newser) - The federal government's response to the economic crisis is part of a team planning effort, with Barack Obama working closely with President Bush in a bid to bring confidence back to spooked financial markets, the New York Times reports. The president's aides are coordinating efforts with Obama's new economic team,...

Small Donors Didn't Drive His Campaign: Study

(Newser) - The little guy didn't fill Barack Obama's campaign coffers after all, a new non-partisan study says. True, almost 50% of his donations were $200 or less, but many of those donors gave again. Only about a quarter of them stopped at two C-notes, a figure in the same range as...

To Excel at State, Clinton Must Forget Presidency

'This is about the good of the country this time, not the Clinton brand,' pundit writes.

(Newser) - Hillary Clinton has the potential to be a great secretary of state, but only if she once and for all shelves her presidential ambitions, writes Mike Lupica for the New York Daily News. We saw the best of Clinton when she was losing the primary marathon: “She not only...

Dow Up 397 on Positive News
 Dow Up 397 on Positive News 
MARKETS

Dow Up 397 on Positive News

Financials lead as government moves to help banking giant

(Newser) - Stocks rallied today in a vote of confidence for the $326 billion Citibank rescue plan and Barack Obama’s team of economic advisers, MarketWatch reports. Combined with Friday's surge, the rally was the largest 2-day jump in over 20 years. The Dow rose 396.97 points to close at 8,...

'Mutt' Prez Will Move US Beyond Equality
'Mutt' Prez
Will Move US Beyond Equality
OPINION

'Mutt' Prez Will Move US Beyond Equality

Obama vanquishes not just inequality, but old ideas of racial purity

(Newser) - Our enemies love using US racial divisions as a stick to beat Americans with, a stick “we’ve handed them over and over again,” writes Gregory Rodriguez in the Los Angeles Times. Now, Barack Obama gives us a crucial symbol of progress—and it won’t be because...

Obama on Economy: My Job Starts Now

Few surprises as president-elect introduces team

(Newser) - When it comes to the economy, Barack Obama says his work begins “right now.” Obama introduced his economic team today; as expected, he designated Timothy Geithner as treasury secretary and Lawrence Summers as director of the National Economic Council. The president-elect said they would begin work immediately on...

Berkeley Prof to Head Council of Economic Advisers

Christina Romer is expert on recessions

(Newser) - Barack Obama has chosen Christina Romer, a Berkeley economics professor, to lead the Council of Economic Advisers, ABC News reports. The council analyzes economic developments and recommends policy for the president. Obama will announce Romer’s appointment, along with the rest of his economic team, today.

Obama Stimulus Plan Balloons to $500B
Obama Stimulus Plan Balloons
to $500B

Obama Stimulus Plan Balloons to $500B

Paulson, too, mulls more aggressive action, tapping bailout funds

(Newser) - Barack Obama’s financial team is constructing a $500 billion stimulus plan that it hopes to rush through Congress early in 2009, the Wall Street Journal reports. Obama would sign the bill, which is far more ambitious than anything discussed during the campaign, almost immediately after his inauguration. “This...

Bernanke's Job Security Hardly Assured

Fed chief's term is up in 2010, and with Summers in play, another is no certainty

(Newser) - Economists give Federal Reserve Chairman Ben Bernanke a passing grade for his efforts to fight the nation’s financial crisis, but that doesn’t guarantee he’ll keep his job when his appointment expires in 2010, reports the Wall Street Journal. President-elect Barack Obama may have a Fed-chief-in-waiting in Lawrence...

How Cheap Gas Hurts Green Initiatives, Feds' Bottom Line

Driving less not great for gov't coffers

(Newser) - Americans are driving less and burning less fuel, but it could be too soon for conservation fans to celebrate. That dip, and global economic gloom, has sent oil and gas prices spiraling down, Joseph White writes in the Wall Street Journal, depriving the government of taxes it needs for transportation...

Even Red States Fresh Out of Inauguration Tickets

Try eBay, pal

(Newser) - Looking for a ticket to Barack Obama’s inauguration? Ex-San Francisco Mayor Willie Brown had some advice recently: Ask a Republican friend in a red state. “I mean, how many people from Oklahoma think this is the nation’s biggest historical moment?” he mused. Think again, Willie—congressional offices...

Sarah Palin, Come Back! SNL Needs You

Show loses its edge without the moose-hunting governor

(Newser) - Without Sarah Palin and with a dull Barack Obama impression on its hands, Saturday Night Live is in election withdrawal, Alex Carnevale writes for Gawker. The show’s opening skit about congressional hearings on automaker bailouts was “less than hilarious,” and it “tried to squeeze jokes out...

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