I'm running for president. Everyday Americans need a champion, and I want to be that champion. –H hillaryclinton.com— Hillary Clinton (@HillaryClinton) April 12, 2015
WASHINGTON — Hillary Rodham Clinton jumped back into presidential politics on Sunday, as a top adviser announced her much-awaited second campaign for the White House.
There's something really weird about the economic message President Obama put forward today. He talked about how we've already had a lot of deficit reduction and we need to shift our focus to creating jobs and strengthening the middle class.
A fiscal deadline all but blown, President Barack Obama says he once again wants to seek a big fiscal deal that would raise taxes and trim billions from expensive and ever growing entitlement programs. But with automatic federal spending cuts ready to start taking their toll, the path toward that grand bargain Obama campaigned on last year has significantly narrowed.
Here’s the latest if you care who takes over as the world’s most powerful banker when Ben Bernanke’s term expires in January: President Obama is sticking up for Larry Summers while economist David Rosenberg comes out to cheer for Janet Yellen.
If you care, you probably already know that the battle between the camps for the two frontrunners — Yellen, vice-chair for the Fed, and Summers, former Treasury Secretary — is becoming heated.
WASHINGTON (AP) — A fiscal deadline all but blown, President Barack Obama says he once again wants to seek a big fiscal deal that would raise taxes and trim billions from expensive and ever growing entitlement programs.
Yves here. I must confess I have not been paying much attention to the Chris Christie scandal, partly because it is on the periphery of this blog’s beat and in part because the reason it’s remained national news is that Christie was widely seen as a contender in the 2016 presidential election. Like Lambert, I find it painful to think much about 2016 now. And remember the seven dwarves of 1992? Viable candidates can emerge from crowded fields late in the game.
In 2008, Wall Streeters invested millions in Barack Obama’s campaign. Many of these big donors were thus a little miffed when Obama, as President, derided Wall Streeters as “fat cats” and, to add injury to insult, threw his support behind the Dodd-Frank bill, much hated in the financial sector it was designed to reform. This time around, Wall Streeters turned against Obama, sending an even bigger torrent of cash Mitt Romney‘s way. That didn’t quite work out as planned.