Tagged with 'obama'

Obama to Sign Massive Economic Stimulus Bill into Law

U.S. President Barack Obama is scheduled to sign the $787 billion economic stimulus plan into law at a ceremony in the western city of Denver, Colorado on Tuesday.  Mr. Obama calls it a “major milestone on the road to recovery” for the U.S. economy, while critics insist it is too expensive and will create fewer [...]


Obama Rejects ‘Car Czar,’ Naming Geithner, Summers to Head Team

President Barack Obama opted against naming a “car czar,” instead asking Treasury Secretary Timothy Geithner and White House economic adviser Lawrence Summers to head a task force on revamping the U.S. auto industry.
Ron Bloom, a United Steelworkers union adviser and former Lazard Ltd. vice president, will join administration members on the team, White House Press [...]


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