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By Heidi Przybyla and Roger Runningen, Bloomberg |
April 4, 2013
The White House is telling lawmakers that President Barack Obama’s budget plan will mirror previous deficit-cutting proposals, which included changing the calculation for Social Security cost-of-living increases and tax brackets.
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By Carter Dougherty |
January 27, 2013
A federal court ruling limiting presidential appointment power could jeopardize much of the work of the Consumer Financial Protection Bureau.
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By Roger Runningen and Joshua Gallu, Bloomberg |
January 24, 2013
Mary Jo White, who gained prominence prosecuting terrorists as U.S. attorney for Manhattan, will be named by President Barack Obama to be chairman of the Securities and Exchange Commission, according to a White House statement.
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By Allison Bennett and David Goodman, Bloomberg |
December 18, 2012
The euro rose to the strongest in more than seven months against the dollar on speculation U.S. lawmakers will reach a budget pact to avert pushing the economy over the so-called fiscal cliff and into recession.
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By Roxana Tiron and James Rowley, Bloomberg |
November 30, 2012
Congressional Republicans dug in to fight President Barack Obama’s plan to skirt the fiscal cliff, rejecting his tax-and-spending proposal as the president heads out today to sell it to the American public.
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By Matthew Brown and Rita Nazareth, Bloomberg |
November 19, 2012
Global stocks snapped the longest losing streak in almost a year amid optimism a deal can be reached to avoid automatic U.S. spending cuts and tax increases. Oil led commodities higher. The dollar and Treasuries fell.
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By Whitney Kisling, Inyoung Hwang and Rita Nazareth, Bloomberg |
November 19, 2012
The post-election rout in U.S. stocks has driven the Standard & Poor’s 500 Index down so far that it would have to advance 26 percent to reach the valuation of bull markets since John F. Kennedy was in the White House.
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By Heidi Przybyla and Kathleen Hunter, Bloomberg |
November 16, 2012
House Speaker John Boehner offered a “framework” including new revenue to reduce the U.S. budget deficit during talks with President Barack Obama and Congress leaders on averting a year-end fiscal crisis.
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By Mario Parker and Roger Runningen, Bloomberg |
August 13, 2012
The Obama administration is reviewing the country’s ethanol policy amid calls from both political parties and the United Nations to suspend annual targets as the worst drought in 56 years spurs corn prices.
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By Hans Nichols, Bloomberg |
April 17, 2012
President Barack Obama will call on Congress to bolster federal supervision of oil markets, including bigger penalties for market manipulation and greater power for regulators.