U.S. Treasury Secretary Jacob J. Lew will announce expanded programs to help struggling mortgage borrowers on June 26, marking the fifth anniversary of government efforts to aid the real-estate market, the Treasury Department said.
As President Barack Obama celebrated the release of the last U.S. prisoner of war in Afghanistan, debate began on whether the deal to free him was a dangerous concession to terrorists, or a necessary move that will aid the violence-wracked country’s long-term stability.
President Barack Obama defended not telling Congress beforehand about plans to exchange five Taliban prisoners for U.S. Army Sergeant Bowe Bergdahl, saying that time was of the essence in completing the swap.
President Barack Obama thanked Kathleen Sebelius for helping pass the 2010 health-care law and named Sylvia Mathews Burwell his new health secretary, calling her “a proven manager” who knows how “to deliver results.”
President Barack Obama plans to use his commencement address today at the U.S. Military Academy at West Point, New York, to present a foreign-policy vision that balances the nation’s commitments against the limits of American military, economic and political power.