Inside these posts: Obama Administration

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.


Obama says little he can do about high oil prices

President Barack Obama wears a Chicago Bulls cap at last night's Navy Pier fundraiser. Obama said Friday that there is little he can do about high oil prices. (Mandel Ngan/AFP/Getty Images)

President Barack Obama said there are no quick fixes to bring down rising gasoline prices and urged caution about being too quick to tap U.S. emergency oil reserves amid uncertainty in the Middle East.

“There aren’t going to be a lot of great short-term solutions to this problem,” Obama said in an ABC interview aired Friday. Get the full story »

Axelrod: Shutdown talks shouldn’t be political

As negotiations continued in Washington to avert a federal government shutdown, a top political strategist for President Barack Obama’s re-election campaign said today the discussions should not involve political winners and losers.

Obama to host town hall at Facebook headquarters

President Barack Obama’s 2012 re-election campaign is under way and, in what may be a nod to the influence of social media on his presidency, he’s hosting a town hall-style meeting on April 20 at Facebook headquarters to talk about the economy.

Obama prepared to veto spending bill if necessary

The White House said on Wednesday it strongly opposed a Republican-backed spending bill and said President Barack Obama will veto a bill if it undermines his priorities or national security or curtails drivers of long-term economic growth.

“The unbalanced bill would undermine the nation’s economic recovery and its ability to succeed in a complex global environment,” the White House said in a statement. Get the full story »

Obama chooses CEO group to advise on economy

U.S. President Barack Obama named a group of top corporate executives Wednesday to join a new economic advisory panel, the latest move to boost the economy and reach out to the business community. Get the full story »

Obama pledges $1.1 trillion in deficit cuts

President Barack Obama is sending Congress a $3.73 trillion spending blueprint that pledges $1.1 trillion in deficit savings over the next decade through spending cuts and tax increases.

Obama names Gene Sperling top economic adviser

President Barack Obama appointed Gene Sperling as his director of the National Economic Council Friday, placing a Washington veteran with a bipartisan track record in the White House as the administration contends with a divided Congress.

Sperling’s appointment coincided with the release of the December jobs report that showed the unemployment rate dropping to 9.4 percent, its lowest level in nearly two years. But job growth fell short of expectations, and Obama said that Sperling, along with other newly appointed members of the economic team, have a challenging task ahead. Get the full story »

Funding uncertain for U.S. food safety overhaul

Republican opponents of food safety legislation are already promising a fight over its funding, even before it becomes law.

President Barack Obama was scheduled to sign the bill on Tuesday. It allows the Food and Drug Administration to increase inspections of food producers and gives it more enforcement authority.

The legislation follows a series of widespread outbreaks of foodborne illness and food product recalls. Health and Human Services Secretary Kathleen Sebelius calls it “the most significant food-safety law of the last 100 years.” Get the full story »

Northern Trust makes Obama administration hire

Chicago-based Northern Trust Corp. said Dennis Anosike has joined its corporate and institutional services unit as a leader of the group serving U.S. public pensions. Anosike comes to Northern from the U.S. Department of Commerce. He’s also former chief financial officer of the Chicago Transit Authority. Get the full story »