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This is the VOA Special English Economics Report. President Obama is proposing rules to limit the size of banks and the risks they can take. He wants to prevent banks from using government-insured deposits to make risky investments. He also wants to
WASHINGTON, Jan. 7 (Xinhua) -- U.S. President Barack Obama announced on Friday that Gene Sperling would take the position of National Economic Council (NEC) Director, the top White House economic adviser. Obama made the announcement(宣告) durin
President Barack Obama (File) U.S. President Barack Obama has summoned top U.S. intelligence and security officials to discuss security needs after last month's attempted bombing of a U.S. jetliner. President Obama had meetings scheduled Monday at th
U.S. President Barack Obama has charted a complicated political course over the next few months. Mr. Obama is rallying Democrats to support health-care reform in Congress. But he is also counting on Republican help for his new strategy on Afghanistan
WASHINGTON, Feb. 19 (Xinhua) -- Back from his weekend Florida golf getaway, U.S. President Barack Obama on Tuesday sounded an alarm on harms to be caused by the looming government spending cuts, but offered no concrete and long-term plan to put U.S.
WASHINGTON, Feb. 25 (Xinhua) -- U.S. President Barack Obama on Monday urged lawmakers to adopt smart government spending cuts to reduce economic uncertainty and bolster economic growth. The uncertainty caused by the government spending cuts is alread
WASHINGTON, March 9 (Xinhua) -- One week after the federal government spending cuts took effect, U.S. President Barack Obama on Saturday called on Congress to end the spending cuts to bolster the country's economic growth and job creation. We learned
Obama, Romney Campaign in Swing States After Final Debate WHITE HOUSE Two weeks before the election, Democratic President Barack Obama and Republican presidential candidate Mitt Romney are intensely seeking votes in several key states that could deci
WASHINGTON, Nov. 1 (Xinhua) -- With superstorm Sandy dissipating, U.S. President Barack Obama and his Republican challenger Mitt Romney are on Thursday back on the campaign trail, trying to make up for the lost time as they dash towards the finish li
Obama maintains slight lead in battleground states in polls WASHINGTON, Nov. 3 (Xinhua) -- New polls released Saturday showed U.S. President Barack Obama continued to enjoy a slight lead in all important battleground states of Florida and Ohio, as he
President Barack Obama blamed opposition Republicans in Congress on Monday for the failure of a special deficit committee to reach a compromise on $1.2 trillion in additional federal government spending cuts during the next 10 years. Mr. Obama spoke
WHITE HOUSE President Barack Obama is authorizing an additional $30 million in federal government help for drought-stricken U.S. farmers and ranchers. Americas continued dry weather will likely affect food and fuel prices worldwide. The president met
President Barack Obama is highlighting companies that have brought jobs back to America from overseas. The president wants to reward companies that create jobs in the United States and discourage those that move them elsewhere. Obama visited a padloc
As Americans worry about rising gasoline prices, President Barack Obama is defending his energy policy. The president went on the road Thursday to answer Republican election-year criticism that he is not doing enough to solve the problem. Higher pric
WASHINGTON, Aug. 3 (Xinhua) -- Fostering a strong U.S. economy started with building a strong U.S. middle class, and economic fairness was critical to the nation's recovery, U.S. President Barack Obama said here on Friday. Speaking at the White House
During the President Barack Obama's first year in office, his administration sought to reset America's relationship with Russia that had become strained under President George W. Bush Peter Fedynsky | Moscow 12 January 2010 Russian Foreign Minister S
President Barack Obama is asking Congress for authority to merge a series of federal agencies that deal with trade and commerce. Addressing reporters in the East Room of the White House, he said consolidating the U.S. Commerce Department with several
Obama, Romney plunge in intense campaign as election enters last stretch WASHINGTON, Oct. 23 (Xinhua) -- U.S. President Barack Obama and his Republican rival Mitt Romney embarked on a swirl-wind campaign tour Tuesday following the conclusion of three
WASHINGTON, June 8 (Xinhua) -- In a hastily arranged White House press conference on Friday, U.S. President Barack Obama pressed for a bigger role of government in curbing the simmering eurozone debt crisis and boost the anemic growth on both sides o
WASHINGTON, Jan. 12 (Xinhua) -- U.S. President Barack Obama requested Congress Thursday to raise the federal government's borrowing limit by 1.2 trillion U.S. dollars, as the government is facing mounting budgetary pressure. It was the third and fina