Republican Attacks Persist for Consumer Bureau
WASHINGTON — House Republicans threatened Thursday to roll back the scope and authority of the new Consumer Financial Protection Bureau even before it officially opens for business next week. At a...
View ArticleObama to Nominate Economics Professor and Ex-Treasury Official to Fed Board
Jeremy C. Stein, a Harvard professor who worked briefly for the Obama administration in early 2009, has particular expertise in the workings of financial markets. Jerome H. Powell, currently a visiting...
View ArticleThe Caucus: Defying Republicans, Obama to Name Cordray as Consumer Agency Chief
Doug Mills/The New York TimesPresident Obama will name Richard Cordray, center, director of the Consumer Financial Protection Bureau. 11:49 a.m. | Updated President Obama will challenge Republican foes...
View ArticleHearings Begin on Treasury Nominee
In his opening remarks, Mr. Lew stressed his longstanding qualifications on budget issues and his ability to work with Republicans. “Working across the aisle while serving under President Clinton, I...
View ArticleSenate Confirms Economic Adviser as Trade Representative
WASHINGTON — Michael Froman, a senior White House economic adviser and classmate of President Obama at Harvard Law School, on Wednesday won Senate confirmation to be the next United States trade...
View ArticleSummers’s Opponents Must Overcome His Bond With Obama
The president’s preference: His former economic adviser, Lawrence H. Summers. Mr. Obama, well aware of Mr. Summer’s love-him-or-hate-him reputation and the trouble he could face winning Senate...
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