Search results for

Tom Daschle, President Barack Obama's pick to head the Department of Health and Human Services, withdrew his nomination Tuesday amid a controversy over his taxes. Also Tuesday, Nancy Killefer withdrew her nomination for the post of chief performance officer after bungling payroll taxes.

President Obama announced stricter rules on executive compensation at banks receiving "exceptional" levels of aid from the federal government. Some executives will have their annual salary capped at $500,000. Anything above that would have to be paid in stock that won't vest until the firm has paid back its government loans.

With just eight days left in office, President Bush looked back over eight years in office and talked about his joys and disappointments in his final White House news conference. He also had words of encouragement for his successor, Barack Obama.

The global economic crisis tops the agenda as President Barack Obama meets with Britain's prime minister Tuesday. Gordon Brown is the first European leader to visit the new president. Brown will also address Congress during his U.S. visit.

Congress returns this week with several outstanding issues, including passing a short-term spending bill to avoid a government shutdown.

The White House and House Republicans have a deal on the debt ceiling. What remains to be done — and what are the roadblocks — ahead of a vote this week in the House?

Pakistan's president Pervez Musharraf has been a U.S. ally since the Sept. 11 attacks, but his hold on power is as tenuous as ever. On Friday, the Pakistani Supreme Court overruled his decision to dismiss the chief justice. Islamists are furious with him. And President Bush accuses him of failing to go after al-Qaida militants.

President Biden is to hold his first in-person meeting with China's leader, Xi Jinping, in California on Wednesday. The two leaders have a lot to discuss when they sit down.

House Republicans meet Tuesday to hear from the two declared candidates for speaker of the House. The House is currently paralyzed to act on new bills to express support or sent new aid to Israel.

The second Republican presidential debate will take place tomorrow. The top candidate, former president Trump, won't be there. Can the 7 GOP hopefuls on the debate stage make a dent in his lead?