The President’s West Point Speech
MR. EARNEST: Good afternoon, everybody, and thanks for your patience today; we’ve been waiting for the traveling press corps, who’s in West Point today to cover the speech in person — for them to be screened and for them to be available to jump on this call. So I think many of them [...]
President Beats Up Banks Over Student Loans
The President is backing a bill that passed the U.S. House of Representatives. If passed, the bill would reduce banks’ and Sallie Mae’s part of the $92 billion university student loan business. Instead, the U.S. Education Department would run a new program.
“Ending this unwarranted subsidy for the big banks is a no-brainer for [...]
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Statement From President Obama on Ted Kennedy
Michelle and I were heartbroken to learn this morning of the death of our dear friend, Senator Ted Kennedy.
For five decades, virtually every major piece of legislation to advance the civil rights, health and economic well being of the American people bore his name and resulted from his efforts.
I valued his wise counsel in the [...]
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America Recovery and Reinvestment Plan
n the weekly address, President Barack Obama addressed the latest economic news and urged the passing of an America Recovery and Reinvestment Plan.
He also announced that Treasury Secretary Timothy Geithner is preparing a new strategy for reviving our financial system — which will not only ensure that CEOs aren’t abusing taxpayer dollars, but also get [...]
The Whitehouse Blog
Change has come to WhiteHouse.gov
Welcome to the new WhiteHouse.gov. I’m Macon Phillips, the Director of New Media for the White House and one of the people who will be contributing to the blog.
A short time ago, Barack Obama was sworn in as the 44th president of the United States and his new administration officially came [...]