President Barack Obama and Turkish Prime Minister Tayyip Erdogan presented a joint front against Syrian dictator Bashar al-Assad even as Obama shies away from deeper U.S. involvement in the conflict, such as sending weapons to the rebels.
President Barack Obama said his administration made no attempt to cover up the involvement of terrorists in last year’s deadly attack on a U.S. outpost in Libya, dismissing a congressional inquiry as a “political circus.”
President Barack Obama, who has been intensifying his lobbying with Congress to lay the groundwork to change U.S. immigration laws and cut the government deficit, invited three senators -- two Republicans and one Democrat -- for a round of golf today.
Hedge funds including Paulson & Co. Inc. are pushing Congress to abandon plans to liquidate Fannie Mae and Freddie Mac as investors buy up preferred stock that has long been considered worthless, according to people with knowledge of the discussions.
President Barack Obama nominated Representative Mel Watt to be director of the Federal Housing Finance Agency after months of political pressure from consumer advocates to find a new overseer for Fannie Mae and Freddie Mac.