President Barack Obama and Treasury Secretary Timothy Geithner imposed tough rules Wednesday to rein in corporate pay, capping executive compensation at $500,000 a year for companies getting taxpayer funds. Here are the president's prepared remarks:…

Feb 03

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Former Democratic Senate majority leader Tom Daschle withdrew his nomination to be President Barack Obama's Health and Human Services secretary Tuesday, saying he did not want to be a distraction after paying $140,000 in back taxes.