BARACK OBAMA

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Obama hopeful of Mideast peace progress this year

President Barack Obama expressed hope on Friday of making serious progress this year in Middle East peacemaking and said Israelis and Palestinians had to get serious about making tough compromises.
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Obama cranks up financial reform drive

The Obama administration stepped up its push for tougher bank and financial firm rules on Thursday, scheduling a briefing for lobbyists, with a focus on insurance oversight, and sending a top regulator to a Senate hearing to discuss plans for regulating derivatives markets.
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Obama seeks new beginning in ties with Muslims

President Barack Obama called for a new beginning in relations between the United States and the Muslim world Thursday, addressing grievances over the Arab-Israeli conflict, two U.S.-led wars and tensions over Iran.
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Obama Cairo Speech transcript

President Barack Obama called for a new beginning between the United States and Muslims Thursday, in a speech delivered at Cairo University.
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U.S. House puts climate bill on quick pace for passage

Democratic leaders in the House of Representatives have put major environmental legislation on a fast-track, boosting chances a climate change bill will pass this month or next, leading lawmakers said on Wednesday.
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Obama says insurance mandates must excuse poor

President Barack Obama told Congress on Wednesday that any requirement for mandatory health insurance in a proposed overhaul of the U.S. healthcare system should allow exemptions for the poor and for small businesses.
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Companies not disclosing climate risks: studies

Most global industrial companies that emit a lot of greenhouse gases are not adequately detailing their climate strategies in U.S. financial filings, two studies by environmental and investment groups showed on Wednesday.
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Bernanke sees recession ending soon; warns on debt

Federal Reserve Chairman Ben Bernanke sounded a cautiously upbeat note on the U.S. economy on Wednesday but warned that corralling government debt was vital to ensuring the nation's long-term health.
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Bin Laden says Obama planted hatred seeds

Al Qaeda leader Osama bin Laden said U.S. President Barack Obama had planted the seeds of revenge and hatred toward the United States in the Muslim world and warned Americans to prepare for the consequences.
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Obama to address tough issues in speech to Muslims

President Barack Obama headed for the Middle East on Tuesday hoping to start mending U.S. ties to the Islamic world in a speech that aides say will reach out to Muslims but deal with tough issues like the peace process and violent extremism.
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U.S. begins Fannie Mae, Freddie Mac reform journey

U.S. lawmakers on Wednesday will open a debate that has stymied them for at least a decade: the future of Fannie Mae and Freddie Mac, the giant housing finance agencies nearly felled by the credit crisis.
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Supreme Court nominee Sotomayor vows to follow the law

U.S. Supreme Court nominee Sonia Sotomayor sought to answer critics on Tuesday with a vow to follow the law ultimately and completely, and a key senator said he wanted confirmation hearings next month so she can rebut what he called unfounded charges of racism.
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Obama taps Republican congressman for Army chief

U.S. President Barack Obama on Tuesday nominated Republican congressman John McHugh as secretary of the Army, the latest move to tap an opposition party member for the Democratic administration's top ranks.

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