NANCY PELOSI

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Senators hit at core of Obama financial reforms

Senior U.S. lawmakers launched an assault on Thursday on the centerpiece of the Obama administration's financial reform plan -- giving the Federal Reserve new powers to police broad risks in the economy.

China protesters see red over Pelosi visit

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Chinese protesters gave a raucous welcome for House of Representatives Speaker Nancy Pelosi on Wednesday, painting red slogans and crying out for the lawmaker to live up to her reputation as a foe of human rights abuses.
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Pelosi heads to China for climate talks

A delegation of U.S. lawmakers led by House of Representatives Speaker Nancy Pelosi will visit China in coming days to discuss international efforts aimed at reducing greenhouse gas emissions.
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Democrats split on Bush-era interrogation probe

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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Stakes high as U.S. Congress returns

Barack Obama's presidency has been a wild ride for the U.S. Congress and lawmakers are bracing for more turbulence when they begin returning on Monday to tackle an array of tough issues from healthcare to energy.
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Pelosi seeks panel to probe Wall Street

House of Representatives Speaker Nancy Pelosi wants to create a special panel to investigate the causes of the Wall Street meltdown that helped put the country into a severe economic recession, a spokesman said on Thursday.
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Congress launches battle on Obama budget

Congressional Democrats moved on Wednesday to slim down President Barack Obama's 2010 budget request amid bipartisan worries that the his plan could make the U.S. deficit balloon with new federal spending.
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Citi’s Pandit warns of 'setback' if bonus tax passes

Citigroup’s chief executive tried to reassure employees about compensation a day after House legislators passed a bill to claw back bonuses for employees earning more than $250,000 at companies which received more than $5 billion in bailout funds.
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U.S. to claw back AIG bonuses, lawmakers eye tax

The Obama administration turned up the heat on AIG on Tuesday over its employee bonuses, saying the embattled insurer will be forced to repay U.S. taxpayers before it gets another bailout of $30 billion.
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Obama budget plan forecasts soaring deficits

President Barack Obama forecast the biggest U.S. deficit since World War Two in a budget on Thursday that urges a costly overhaul of the healthcare system and would spend billions to arrest the economy's freefall.
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Japan's economy slumps as global gloom spreads

TOKYO - Japan sank deeper into recession with its worst quarterly contraction since the oil crisis in the 1970s, its reliance on exports and soft domestic demand dragging down the world's second-largest economy. Hillary Clinton, in Tokyo on her first trip abroad as U.S. secretary of state, said Asia and the United States must fight the global crisis together. The U.S.-Japanese relationship was...
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United States is not protectionist, Pelosi says

ROME - U.S. House Speaker Nancy Pelosi defended the United States against accusations of protectionism during a trip to Italy on Monday, following concerns about a Buy American provision in the U.S. stimulus plan. Somewhere in the mix of things, someone has decided that America has become, is becoming, more protectionist. I don't think that is the case, Pelosi told reporters at the Ital...
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Lawmakers push US stimulus plan

Spurred on by President Barack Obama, US lawmakers on Thursday prepared for final votes by week's end on an unprecedented 789-billion-dollar plan to help Americans through a painful economic crisis.
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U.S. Reaches $789 Bln Economic Stimulus Deal, Grills Bankers

U.S. efforts to take action on slowing business activity, joblessness and reduced credit grew on Wednesday as U.S. lawmakers moved to pump tax dollars into the economy, reduce taxes going forward and grilled top U.S. bank executives amid widespread concern.
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Bush Sends 'Urgent' Colombia Free Trade Pact to Congress

President George Bush called on Congress Monday to pass a controversial free trade agreement with Colombia, declaring the need is urgent for US national security. The pact will give Congress a 90-day deadline to vote on the new legislation.
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Bush to veto defense authorization bill

President George W. Bush intends to veto defense authorization legislation over a provision that would imperil Iraqi assets held in the United States, the White House said on Friday.
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Bush uses sixth veto to reject health-labor bill

President George W. Bush on Tuesday vetoed a measure to fund education, job training and health programs, marking the sixth veto of his presidency and the latest salvo in a fight with congressional Democrats over domestic spending.

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