BARACK OBAMA

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U.S., cities push ahead in climate politics

Democrats in Congress worked on Thursday to win over U.S. lawmakers skeptical of climate change legislation, while climate leader California took another major step with low-carbon rules on fuels that could be copied nationwide.

Democrats split on Bush-era interrogation probe

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A debate over how to investigate Bush-era officials who authorized harsh interrogation tactics of terrorism suspects split Washington on Thursday, and Democrats squabbled over how to proceed.
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U.S.-Russian arms talks off to productive start

U.S. and Russian negotiators held a productive initial round of talks in Rome aimed at securing a new treaty to curb nuclear weapons, they said on Friday, as part of a broader effort to improve relations.
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Obama calls for credit card reforms

President Barack Obama urged U.S. credit card company executives on Thursday to stop unfair rate increases and be more transparent and accountable, tapping into popular outrage over abusive lending.
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U.S. House climate bill to include free carbon permits

A U.S. House of Representatives bill aimed at fighting global warming will allow some polluters access to free permits to emit greenhouse gas emissions in its cap-and-trade system, Democratic Representative Edward Markey said on Thursday.
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Clinton says Pakistan is abdicating to the Taliban

Pakistan's government has abdicated to the Taliban in agreeing to impose Islamic law in the Swat valley and the country now poses a mortal threat to the world, U.S. Secretary of State Hillary Clinton said on Wednesday.
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Obama to prod credit card firms on fee practices

President Barack Obama will weigh in on Thursday on the lending practices of U.S. credit card companies, an issue that has triggered an outcry from consumers hit with high fees and interest rates.
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U.S. credit card bill advances on eve of Obama meet

Legislation to curb credit card fees and limit consumer penalties cleared a congressional panel on Wednesday, a day ahead of a meeting between industry executives and President Barack Obama at the White House.
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Geithner urges global effort to tamp crisis

The United States bears substantial blame for the woes besetting the world economy but it will take a global effort to ease those strains, U.S. Treasury Secretary Timothy Geithner said on Wednesday.
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Obama triggers firestorm in CIA tactics case

President Barack Obama was criticized harshly on Wednesday for leaving the door open to the prosecution of former Bush administration officials who authorized severe CIA interrogation procedures.
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Geithner acknowledges U.S. fault in crisis

The United States carries a substantial share of blame for the current economic crisis but the world must work together to ease the strains, Treasury Secretary Timothy Geithner said on Wednesday.
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Somali pirate families ask for U.S. pardon

The mother of a teenager facing trial in the United States for piracy off Somalia wants President Barack Obama to pardon her son because he was misled into joining a sea gang.
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Plug-in hybrid cars are clean, but face hurdles

The United States is pushing the use of plug-in hybrids but these cars, which sip gasoline and are low in greenhouse gas emissions, face cost and infrastructure hurdles that will keep them out of the mainstream for years.
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U.S. credit card firms seek to limit crackdown

U.S. credit card companies are expected to use a White House meeting to put their best foot forward, despite an avalanche of negative publicity, aiming to blunt a congressional push for tougher regulations.
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Israel razes Palestinian house in East Jerusalem

Israel demolished a Palestinian house in Arab East Jerusalem on Wednesday, a day after U.S. President Barack Obama called on Israeli and Palestinian leaders to take measures to promote peacemaking.
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U.S. credit card bill tests Democrats' political will

A Congressional panel is expected to approve legislation on Wednesday that would curb high credit card fees and penalties assessed by many banks that have benefited from the federal government's financial bailout program.
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NY City probes if Quadrangle misled pension funds

New York City's pension funds are probing whether private equity fund Quadrangle intentionally misled it about placement agents used to win pension fund business, a spokesman for the city's comptroller said Tuesday.
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Treasury weighs new mortgage subsidies: sources

The Treasury Department is considering giving banks and investors billions of dollars in fresh incentives to modify troubled mortgages and save homeowners from foreclosure, sources familiar with official deliberations said.

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