Inside these posts: White House

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Sears among companies helping military families

The White House is partnering with Wal-Mart Stores Inc., Sears Holdings Corp. and Siemens AG to help struggling military families find jobs as part of an initiative partially overseen by Gen. Stanley A. McChrystal.

Each company will offer different services for military spouses and veterans as part of an initiative–called Joining Forces–formally launched Tuesday by President Barack Obama, First Lady Michelle Obama, Vice President Joe Biden and Dr. Jill Biden. Get the full story »

White House vetting Senate aide for CFTC spot

The White House is considering nominating Mark Wetjen, an aide to Senate Majority Leader Harry Reid, for a top job at the Commodity Futures Trading Commission, The Financial Times reported on Friday. Get the full story »

U.S. to help Irish recover from economic woes

President Barack Obama said during a meeting with Irish Prime Minister Enda Kenny on Thursday that the United States would help Ireland recover from its economic problems and that he would visit in May. Get the full story »

Motorola’s Greg Brown named to White House advisory panel

Motorola Solutions Inc. Chief Executive Greg Brown has been named to President Barack Obama’s Management Advisory Board, a group of former and current CEOs tasked with advising administration officials on how to bring private-sector practices to the government.

The White House made its announcement on Thursday and the group is scheduled to meet for the first time on Friday. Brown joins nine other corporate chiefs, including Jeffrey Kindler, the former CEO of Pfizer Inc., BET Networks CEO Debra Lee and American Red Cross CEO Gail McGovern. Get the full story »

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 »

Motorola, Boeing in White House huddle with Hu

Before Thursday night’s big bash in Chicago where Mayor Richard Daley will welcome China’s President Hu Jintao  to the Windy City, several business executives with Chicago connections met with the Chinese leader and President Barack Obama in a Wednesday afternoon gathering at the White House.

Attending the meeting were James McNerney, chairman and chief executive of Chicago-based Boeing Co. and Greg Brown, the president and chief executive of Motorola Solutions Inc. in suburban Schaumburg. Get the full story »

Obama considering William Daley for chief of staff

President Barack Obama is considering bringing former Secretary of Commerce Bill Daley into the administration in a top-ranking position, a move that would cement the Chicago presence in the White House and possibly bring to full-circle a chain of events set off by Daley’s own brother.

White House: More changes in tax deal possible

There could be more changes to the tentative tax agreement between President Barack Obama and congressional Republicans, the White House said Friday. Get the full story »

White House: Jobless aid lapse may cost 600K jobs

The White House urged Congress Thursday to extend unemployment aid and warned that failure to act would inflict a heavy toll on millions of Americans that could put the U.S. economic recovery at risk.

“Without an extension, employment would be about 600,000 lower…in December 2011 than if a year-long extension were passed,” according to a new report from the White House Council of Economic Advisers.

U.S. unemployment insurance for those on long-term aid, which Congress had already extended to up to 99 weeks from a traditional 26 weeks of support, expired on Wednesday. Get the full story »

White House to push for tech policy action in 2011

The Obama administration on will push Congress next year to move ahead on critical technology policies, the White House’s technology chief said on Thursday. Get the full story »

White House: No to broad foreclosure moratorium

The White House on Tuesday expressed opposition to a broad moratorium on home foreclosures, warning there could be some unintended consequences for the housing market. Get the full story »

White House presses China on yuan

China needs to take steps on foreign exchange reform and the Obama administration is monitoring Beijing’s progress on this issue, White House spokesman Robert Gibbs said Thursday.

“You have heard the secretary of treasury and the president and others in the administration discuss the need for China to take steps as it relates to its currency,” he told reporters. Get the full story »

U. of C. law professor stops blogging after outcry

Todd Henderson. (University of Chicago photo)

A law professor at the University of Chicago, where President Barack Obama once taught, is sorry he ever complained about the president’s tax policies.

Todd Henderson last week wrote on a blog about the effect the expiring Bush tax cuts would have on his family. He said his family, whose household income is north of $250,000, could not afford higher taxes. His wife is a doctor at the University of Chicago Hospitals.

“A quick look at our family budget, which I will happily share with the White House, will show him that like many Americans, we are just getting by despite seeming to be rich. We aren’t,” Henderson wrote on the blog “Truth on the Market.” Get the full story »

Obama chooses Warren to launch consumer bureau

President Barack Obama and Elizabeth Warren on Sept. 17, 2010. (AP Photo/Susan Walsh)

Harvard law professor Elizabeth Warren, appointed Friday to launch the new Consumer Financial Protection Bureau, likely won’t be the agency’s first official director, but she will have a major say in who gets the powerful job.

Warren also will have a broader portfolio of duties, advising President Obama on “policies and programs that are designed to protect the financial interests of middle-class families,” the White House said.

White House: August jobs report reassuring

The White House on Friday greeted a better than expected August employment report as reassuring news after a recent spate of “unsettling” economic data, and reiterated it was working with Congress to take additional steps to boost U.S. growth and hiring. Get the full story »