TOP POLITICS ARTICLE
Treasury Pay Czar Limits Pay at Automakers, Banks 10 minutes ago
WASHINGTON (AP) -- The Obama administration's pay czar is limiting the cash compensation for executives at companies that received the largest taxpayer bailouts to $500,000.
Treasury Receives $936M for JPMorgan Warrants 22 minutes ago
WASHINGTON (AP) -- The Treasury Department has received $936.1 million in the sale of warrants it had received from JPMorgan Chase & Co. as part of the support it provided the bank during last year's financial crisis.
Democrats Fend Off Effort to Kill Consumer Agency 26 minutes ago
WASHINGTON (AP) -- House Democrats have fended off an effort to kill a proposed consumer agency contained in legislation to regulate Wall Street. The vote was 223-208.
US Health Care Tab to Keep Growing Under Overhaul 31 minutes ago
WASHINGTON (AP) -- Democrats trying to push President Barack Obama's health care overhaul plan through the Senate got a sober warning Friday that costs will keep going up and proposed Medicare savings may harm the program.
Obama Dog Bo Has Own Christmas Stocking 41 minutes ago
WASHINGTON (AP) -- Bo, the White House dog, has his very own Christmas stocking.Economic News Raises Hopes for Global Recovery 46 minutes ago
WASHINGTON (AP) -- Signs of a strengthening global recovery emerged Friday, with consumers boosting retail sales, companies restoring stockpiles and Chinese exports mounting a comeback.
Obama Says Afghanistan Not US 'Protectorate' 54 minutes ago
WASHINGTON (AP) -- President Barack Obama says he needed to set a deadline to start withdrawing U.S. forces so the Afghans wouldn't assume their country would be ''a permanent protectorate'' of the United States.
SEC Has Widened Probe Into BofA, Merrill Deal 1:12 PM ET
WASHINGTON (AP) -- The Securities and Exchange Commission has expanded its probe of Bank of America to include possible failure by the bank to disclose mounting losses at Merrill Lynch, a top agency official said Friday.
Dem Leader Urges Debt Limit Increase of $1.8-1.9T 12:41 PM ET
WASHINGTON (AP) -- A top House Democratic leader said Friday Congress will have to permit at least $1.8 trillion in additional federal borrowing next year in order to avoid a default on the U.S. debt.
Senators Propose New Approach to Climate Issue 12:17 PM ET
WASHINGTON (AP) -- Two senators are proposing a new approach to tackling climate change. They want to reduce greenhouse gases by having the government sell pollution allowances to industry and then use most of the money to send tax-free monthly checks to every American.
FDA Confirms Benefits of Crestor in More Patients 11:30 AM ET
WASHINGTON (AP) -- Federal scientists say AstraZeneca's cholesterol pill Crestor lowers the risk of heart attack, death and stroke in patients without a history of heart disease, though some safety concerns remain.
Analysis: Obama's Case for War in Support of Peace 11:13 AM ET
WASHINGTON (AP) -- Barack Obama split the difference in his Nobel speech, laying down a doctrine that will likely define his presidency: a steadfast defense of warfare against evil mixed with praise of nonviolence and exhortations for mankind to affirm the ''spark of the divine'' in everyone.