Feb 04 Obama’s Remarks on Executive Compensation By PBS News Hour 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:… Continue reading
Feb 04 Obama Links $500,000 Executive Pay Cap to Bailout Funds By Admin, PBS News Hour President Barack Obama and Treasury Secretary Timothy Geithner announced Wednesday a pay cap of $500,000 for top executives at companies that receive federal dollars under the Troubled Asset Relief Program for struggling banks and corporations. Continue reading
Feb 03 Daschle Withdraws Nomination for Health Chief By Admin, PBS News Hour 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. Continue reading
Feb 02 Daschle Cabinet Bid Hits Trouble Over Tax Issue By PBS News Hour Tom Daschle, President Barack Obama's choice to spearhead a reform effort of the costly U.S. health care system, fought Monday to salvage his appointment by apologizing for failing to pay back taxes. Continue reading
Jan 27 Obama to Push Stimulus Plan with GOP Lawmakers By Admin, PBS News Hour President Obama is making his first trip to Capitol Hill since his inauguration to push for broad bipartisan support of his $825 billion economic stimulus plan. Continue reading
Jan 26 Watch On Day Six, Obama Takes on Global Warming President Barack Obama asked regulators to reconsider waivers that would allow California and other states to set their own standards for auto emissions and responded to new concerns about the economy at the start of his first full week in… Continue watching
Jan 22 Watch Obama’s Day Two Brings Policy Changes, New Staff President Barack Obama's second full day in office brought more policy decisions and staffing moves, including the naming of two diplomatic envoys for the Middle East and Afghanistan and Pakistan. Kwame Holman reports. Continue watching
Jan 21 Watch Banking Sector, Bailout Reform May Top Obama Economic Agenda Treasury nominee Timothy Geithner went before a Senate panel Wednesday, answering questions on the financial crisis as well as his tax payment controversy. Analysts mull what's ahead for Obama's economic agenda. Continue watching
Jan 14 Watch Geithner Hearing Delayed Amid Tax Controversy The Senate finance committee postponed Treasury Secretary nominee Timothy Geithner's confirmation hearing until next week after reports emerged of problems with Geithner's federal tax return payments. A Wall Street Journal reporter details the latest. Continue watching
Nov 28 Watch Obama Tasked With Vetting Economic Policy Team’s Competing Ideas Analysts Mark Shields and David Brooks examine President-elect Barack Obama's new economic team and the challenges he may face in evaluating their views on the financial crisis. Continue watching