President Obama


Statement by the President on Fed. Reserve Chair Nomination

Today, President Obama officially nominated Dr. Janet Yellen to be the next Federal Reserve chair. Dr. Yellen currently sits on the Reserve, so someone would need to be appointed to replace her. She was widely expected to be picked after Larry Summers dropped out of consideration and was considered to […]


READ: Pres. Obama Speaks on Potential Shutdown

From the White House: THE PRESIDENT: Good afternoon, everybody. Of all the responsibilities the Constitution endows to Congress, two should be fairly simple: pass a budget, and pay America’s bills. But if the United States Congress does not fulfill its responsibility to pass a budget today, much of the United […]


House Passes CR

Last night, House Republicans passed a continuing resolution (CR) that would delay Obamacare for a year, repeal the medical devices tax that helps pay for Obamacare, and postpone a potential government shutdown until December. However, the bill has no chance in the Democratic-controlled Senate. But the bill will allow House […]