President Barack Obama named Tom Wheeler, a venture capitalist and former leader of cable and wireless trade groups, to head the U.S. Federal Communications Commission, where he may focus on nurturing mobile technology.
The White House is telling lawmakers that President Barack Obama’s budget plan will mirror previous deficit-cutting proposals, which included changing the calculation for Social Security cost-of-living increases and tax brackets.
President Barack Obama told Senate Democrats that they should be open to changes in entitlement programs to achieve a long-term budget deal, according to several lawmakers who attended a meeting with him on Capitol Hill today.
U.S. realtors and mortgage bankers say they hope President Barack Obama’s call for streamlined mortgage rules in his State of the Union speech will help them persuade regulators not to set a strict minimum down payment for home loans.
President Barack Obama told House Democrats this week that it’s better to make changes to entitlement programs when a Democrat is in office rather than risk doing so under a Republican chief executive, according to two lawmakers who attended.