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New York Fed launches search for new president

Posted: 12/01/2008 - Timothy Geithner, President-elect Barack Obama's pick to be Treasury secretary, will soon step down from his current post as president of the Federal Reserve Bank of New York.

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Fed's emergency loan program increases activity

Posted: 11/28/2008 - The Federal Reserve boosted its lending to commercial banks and investment firms over the past week, indicating that a severe credit crisis was still squeezing the financial system.

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Obama adviser once critical of Clinton is back

Posted: 11/28/2008 - A former adviser to Barack Obama's presidential campaign who once called Sen. Hillary Rodham Clinton a "monster" is now working on the transition team for the agency that Clinton may lead.

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US urges an end to airport takeovers in Thailand

Posted: 11/28/2008 - The United States says it is "deeply concerned" about thousands of protesters who have occupied Thailand's airports in an anti-government campaign that marks the country's worst political crisis in decades.

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Plan for US diplomats in Iran shelved: Rice

Posted: 11/26/2008 - Secretary of State Condoleezza Rice says a decision on whether to send U.S. diplomats to Iran for the first time in three decades will be left to President-elect Barack Obama's administration.

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Rice says Iraqi vote won't necessarily stall pact

Posted: 11/26/2008 - Secretary of State Condoleezza Rice says an Iraqi proposal to hold a national referendum next year on a U.S.-Iraqi security agreement does not necessarily mean the pact will be put off.

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Obama rounds out economic team

Posted: 11/26/2008 - Former Federal Reserve chairman Paul Volcker will head a new White House panel to guide President-elect Barack Obama as he tries to create jobs and bring stability to the nation's economy.

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Dingell hospitalized in Washington

Posted: 11/25/2008 - Rep. John Dingell, the longest-serving current member of Congress, has been admitted to a Washington-area hospital after feeling ill.

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Obama meets with governors on economic crisis

Posted: 11/25/2008 - President-elect Barack Obama is meeting with the nation's governors in Philadelphia on Tuesday to discuss how the economic crisis is crimping states and their budgets.

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Brennan out of running for top intel post

Posted: 11/25/2008 - John Brennan, President-elect Barack Obama's top adviser on intelligence, has taken his name out of the running for any intelligence position in the new administration.

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Soldiers cheer president at Fort Campbell

Posted: 11/25/2008 - President George W. Bush told soldiers at Fort Campbell that the war in Iraq was not over and they would eventually return home in victory.

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Obama names Orszag as budget chief

Posted: 11/25/2008 - President-elect Barack Obama has chosen Peter Orszag as his director of the Office of Management and Budget.

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Booking agent in Spitzer case gets probation

Posted: 11/25/2008 - A woman accused of helping arrange trysts between pricey escorts and their customers has been sentenced to one year of probation for her role in the prostitution scandal that forced Eliot Spitzer to step down as New York's governor.

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Bush thanks troops returning from war zones

Posted: 11/25/2008 - President George W. Bush is at Fort Campbell in Kentucky thanking troops for their service and having lunch with about 150 soldiers, many of them just back from Iraq and Afghanistan.

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Government announces new loan programs

Posted: 11/25/2008 - The government has introduced a pair of new programs that will provide $800 billion to help unfreeze the market for consumer debt which Treasury Secretary Henry Paulson calls vital to supporting the economy.

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Longtime Biden aide picked to fill his Senate seat

Posted: 11/24/2008 - Edward "Ted" Kaufman, a former aide to Sen. Joe Biden, was named Monday by Delaware Gov. Ruth Ann Minner to fill the Senate seat Biden is leaving for the vice presidency.

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