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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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Obama calls for quick action on economy

Posted: 11/24/2008 - President-elect Barack Obama says there isn't a "minute to waste" in solving the nation's economic crisis, which he says is likely to get worse before it gets better.

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2 big GOP donors seek officer posts

Posted: 11/24/2008 - Records show two men seeking election to constitutional officer positions by the Legislature's new Republican majority have given more than $100,000 each to GOP candidates and causes.

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Obama officially unveils economic team

Updated: 11/24/2008 - President-elect Barack Obama has officially nominated Timothy Geithner as treasury secretary. President-elect Obama also named three other members of his economic team Monday afternoon. The President-elect also nominated Lawrence Summers as head of the National Economic Council; Christina Romer has been picked to head up the Council of Economic Advisors; and Melody Barnes will serve as President-elect Obama's director of the Domestic Policy Council. Stay connected to Volunteer TV News and VolunteerTV.com for continuing coverage of this developing news story.

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Obama names social secretary

Posted: 11/24/2008 - The chief of online community development for Allstate Financial will oversee social planning at the White House after Barack Obama takes office.

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Auto industry planning carpool to Washington

Posted: 11/24/2008 - The head of an auto parts company says there is talk about forming a car caravan to take the CEOs of Detroit's three automakers on their return trip to Washington to seek federal loans.

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Knox County Mayor's race begins, election is 18 months away

Posted: 11/21/2008 - State Senator Tim Burchett has made Knox County's worst-kept secret official: he's running to succeed term-limited Mike Ragsdale as Knox County Mayor in 2010. He can't even pick up his qualifying petitions until June 2009, but announcing now allows him to begin raising money for a primary likely to cost a candidate $250,000 to be considered a serious contender.

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Gadhafi son: Libya wants to invest in US

Posted: 11/21/2008 - The son of Libyan leader Moammar Gadhafi says Libya wants to put some of its $100 billion investment fund into American business and send thousands of students to study in the United States.

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Stocks jump on report of Geithner nomination

Posted: 11/21/2008 - Wall Street is ending a volatile week with an unexpected jolt of confidence following reports that President-elect Barack Obama plans to name New York Federal Reserve President Timothy Geithner as Treasury secretary. The major indexes have jumped more than 5 percent, with the Dow Jones industrials surging nearly 500 points.

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Talks on Clinton as secretary of state 'on track'

Posted: 11/21/2008 - A spokesman for Hillary Rodham Clinton says the New York senator is still in discussion over whether to accept the secretary of state's job, though the talks are "very much on track."

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AP source: Richardson serious Commerce contender

Updated: 11/21/2008 - A senior Democratic official says New Mexico Gov. Bill Richardson has emerged as a serious contender for Commerce Secretary in President-elect Barack Obama's Cabinet.

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Conn. Sen. Dodd meeting on auto industry crisis

Posted: 11/21/2008 - After listening to top auto industry executives make their pitch for help, Connecticut Democratic Sen. Christopher Dodd is meeting with state people in the industry to see how the economic crisis is affecting them.

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Napolitano: Send Guard back to the border

Posted: 11/21/2008 - Arizona Gov. Janet Napolitano, President-elect Barack Obama's reported primary choice for Homeland Security secretary, says she still thinks National Guard troops should be sent back to the U.S.-Mexico border.

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EU wants early foreign policy focus from Obama

Posted: 11/21/2008 - The European Union's foreign policy chief says he expects U.S. President-elect Barack Obama to move quickly to address top trans-Atlantic goals, including Middle East peace, negotiations with Iran and slowing global warming.

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