Politics

Citigroup Offered Another Government Safety Net

By PBS News Hour

The U.S. government has again bailed out Citigroup, unveiling a bold plan Sunday night to inject $20 billion in fresh capital into the troubled financial giant and shoulder most of the potential losses on $306 billion of high-risk assets.

David Brooks and Ruth Marcus Discuss Obama's Cabinet Picks, Economy's Woes

David Brooks and Ruth Marcus weigh reports that President-elect Barack Obama plans to choose Sen. Hillary Clinton and Timothy Geithner, among others, for Cabinet posts and the search for solutions to the economic crisis.

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Biden Adviser Ted Kaufman Tapped to Take Over Senate Seat

By PBS News Hour

A longtime adviser to Vice President-elect Joe Biden, Ted Kaufman, will step into Biden's vacated Senate seat when he takes office in January, Delaware Gov. Ruth Anne Minner said Monday.

Thousands Protest U.S. Security Deal in Baghdad

By PBS News Hour

As Iraqi lawmakers spar over approval of a new U.S.-Iraqi security deal, scores of followers of radical Shiite cleric Muqtada al-Sadr took to the streets Friday to protest the pact, chanting slogans and burning an effigy of President George W.

After Leaving Washington Empty-handed, Automakers Set to Craft Recovery Plan

By PBS News Hour

While the Big Three U.S. automakers' hopes of an immediate financial shot in the arm were dashed Thursday on Capitol Hill, they are expected to meet lawmakers' demands to craft a convincing plan for rebuilding their once-mighty industry by Dec.

In Weak Economy, Obama May Face Obstacles to Health Care Reform

During his campaign for the White House, President-elect Barack Obama proposed lowering health care costs and helping the uninsured. Now he faces the tough task of implementing such reforms. Analysts examine the road ahead for health care initatives.

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Waxman Ousts Dingell to Head House Energy Committee

In a shift of Democratic leadership, Rep. Henry Waxman, D-Calif., defeated fellow Democrat John Dingell of Michigan in a vote amongst lawmakers over who should chair the House Energy and Commerce Committee. Kwame Holman reports on the move.

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Markets Tumble, Citigroup Stocks Sink as Debate Over Auto Bailout Stalls

By PBS News Hour

U.S. stocks plunged again Thursday to a five-year low as hopes dimmed that lawmakers could quickly put together an aid package for U.S. automakers.

Judge Orders 5 Guantanamo Detainees Freed

By Admin, PBS News Hour

Five of six Algerians must be released after nearly seven years of captivity in the U.S. military prison at Guantanamo Bay, a federal judge ruled Thursday in the first case of its kind.

South Africa Withholds Aid to Zimbabwe; Health Crisis Grows

By PBS News Hour

South Africa said Thursday it will withhold aid for Zimbabwe until a representative government is in place amid reports of a growing public health crisis and Zimbabwean President Robert Mugabe's objections to a visit by former world leaders.