Barack Obama

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

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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 
Nov 25, 2008 5:27 AM CST

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
Nov 24, 2008 3:22 PM CST

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
Nov 24, 2008 1:18 PM CST

'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
Nov 24, 2008 10:50 AM CST

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...

'Public Sick of Partisanship': Lieberman
'Public Sick of Partisanship':
Lieberman
talk show roundup
Nov 23, 2008 12:00 PM CST

'Public Sick of Partisanship': Lieberman

Joe says Obama never called back; politicos talk bailouts on TV

(Newser) - Joe Lieberman told Meet the Press today that he regrets "some things I said in the heat of the campaign that I wish I'd said more clearly," and hopes Barack Obama will put, er, "country first" by leading in a bipartisan fashion. Lieberman said he called...

Gibbs Will Meet the Press
Gibbs Will Meet the Press
Nov 22, 2008 4:56 PM CST

Gibbs Will Meet the Press

Obama taps aide as press secretary, names 2 others for communications

(Newser) - Barack Obama today named Robert Gibbs as White House press secretary, the Washington Times reports. Gibbs, 37, worked for 2 years as an Obama spokesman on the campaign trail and was widely expected to take the job. Well-liked by reporters, Gibbs flared up at times on the campaign and is...

Obama: We Need 2.5M Jobs in 2 Years

(Newser) - Barack Obama says he will move quickly once in office to enact an ambitious, two-year plan to save or create 2.5 million jobs, Bloomberg reports. Obama announced his plan in his weekly radio address, where he also warned that “we risk falling into a deflationary spiral that could...

Irony Is Dead Again? Gee Thanks, Obama

Joan Didion disses hopeful trend, but ironists keep the flame

(Newser) - Barack Obama’s America is an “irony-free zone” where “naïveté translated into ‘hope,’” writer Joan Didion groused after the election. But not all ironists agree: P.J. O’Rourke, for one, wrote that he hopes it's not too early to talk about Obama's "...

DC Churches Woo Obamas
 DC Churches Woo Obamas 
OPINION
Nov 22, 2008 8:12 AM CST

DC Churches Woo Obamas

Picking the inclusive National Cathedral would send a powerful message

(Newser) - The new first family will be looking for a place of worship in Washington, DC, and area congregations are feverishly offering up their advantages: presidential tradition; diversity; proximity to the White House; community activism; connections to Trinity, the Obamas' former Chicago church; a pastor who hails from Hawaii. A historian...

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