AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!Hot on HuffPost:
Supreme Court To Decide Blockbuster Cases Soon
Controversial Book On Obama Appears To Have Lifted Key Quote
larry summers
Gene Sperling: 5 Facts on Obama's New National Economic Council Chief
By Torie Bosch - AOL NewsPresident Barack Obama officially named Gene Sperling as Larry Summers' replacement to head the National Economic Council today. Sperling was mentioned early and often in the speculation game over who would step in after Summers' departure. Here are the basics on the man who will have enormous influence on economic decisions: 1. He knows his way around the NEC Sperling first served on the National Economic Council during the Clinton administration. From 1993 to 1996, he was the council's deputy director under Robert Rubin. Sperling then moved to NEC director, serving in the role from ...
Joe Biden's Chief of Staff Stepping Down: Another High-Level Obama Vacancy to Fill
By Lynn Sweet - Politics DailyThe Obama White House at midterm has another high-level vacancy to fill as of Tuesday, when Vice President Biden announced the departure of Chief of Staff Ron Klain, who will step down later this month. "For 25 years, Ron Klain has been my friend and adviser," Biden said in a statement. "As my chief of staff in the White House, Ron has done an exceptional job of building my team, implementing my direction on top priorities, and providing invaluable counsel. He has also played a key role in establishing the strong, positive relationship that exists between my staff and the President's team. I ...
Larry Summers: Failure to Approve Tax-Cut Deal Could Deepen Recession
By Tom Kavanagh - Politics DailyLarry Summers, the soon-to-depart director of the White House National Economic Council, sounded a dark note in the loud cacophony over extending the Bush tax cuts, the New York Times reports. Commenting on the extension deal President Obama made with Republican leaders -- an agreement that has drawn strong opposition from Democrats -- Summers told reporters Wednesday that "failure to pass this bill in the next couple weeks would materially increase the risk that the economy would stall out and we would have a double-dip" recession. Summer's caveat runs counter to his boss' view. At a news ...
Midterm Elections 2010: Ugly Campaigns, Scared Incumbents and Angry Voters
By Carl M. Cannon - Politics DailyFor more than half a century, the reigning ethos in Washington was neatly articulated in the succinct wisdom of Speaker Sam Rayburn, words imparted to freshmen members of Congress when they first arrived in the nation's capital: "If you want to get along, go along." A sprawling congressional office building is named after the former speaker from Texas, and in January some of the new members of the congressional class chosen Tuesday by voters will set up shop in the Rayburn House Office Building. Some of them, however, will know in their hearts that they got here on the strength of a ...
Elizabeth Warren: A Post-Election Weapon for Obama?
By David Corn - Politics DailyEveryone is a little fixated on those elections happening on Tuesday, right? But in the middle of the final crunch, I spent a few hours with Elizabeth Warren, the families-friendly, populist Harvard law professor, whom President Obama recently tapped to be both an adviser to him and to Treasury Secretary Timothy Geithner. In that latter role, she is setting up the new Consumer Financial Protection Board, which was created by the Wall Street reform bill passed this past summer. In the former role, she will be discussing middle-class and consumer economics with the president and his top aides. ...
Obama on 'The Daily Show' -- or Was It 'House of Wax'?
By Robert and Donna Trussell - Politics DailyFollow the Trussell cartoons on Twitter at ChaosTheoryPD ...
Opinion: White House Exits Normal? Not By a Long Shot
By Richard Benedetto - AOL News(Oct. 13) -- It has become a mantra in the news media these days to include in every story about the departure of another high-level Obama White House official the cautionary declaration that "it is normal for appointees to leave after a president's first two years." The unspoken message here is that this is not a case of rats deserting a sinking ship, it's just routine housecleaning. But just how "normal" is it for a slew of high-ranking White House appointees to leave in the first two years? You don't have to look back too far to discover that, in fact, it's not so "normal" after ...
Lawrence Summers' Greatest Hits (and Misses)
By David Knowles - AOL News(Sept. 21) -- The White House announced today that its top economic adviser, Lawrence Summers, would resign following the midterm elections. With Summers' departure, Treasury Secretary Tim Geithner will be the last remaining major economic policy figure hired by the president at the start of his term. Both Peter Orszag, the former director of the Office of Management and Budget, and Christina Romer, the former head of the Council of Economic Advisers, resigned earlier this year. President Barack Obama released a statement about the man who served as the director of the National Economic ...
Lawrence Summers to Leave White House At End of Year
By Christopher Weber - Politics DailyLawrence Summers will step down as director of President Barack Obama's National Economic Council at the end of the year, the White House announced Tuesday. Summers, who helped craft the administration's economic policy and leads a daily presidential briefing, said he will return to academia. "I will miss working with the President and his team on the daily challenges of economic policy making," Summers said in a statement issued by the White House. "I'm looking forward to returning to Harvard to teach and write about the economic fundamentals of job creation and stable finance as well as ...
Meet Austan Goolsbee, Obama's Hilarious New Economic Chair
By Dana Chivvis - AOL News(Sept. 10) -- Austan Goolsbee, President Barack Obama's pick to replace Council of Economic Advisers Chairwoman Christina Romer, was once described by Washington Post columnist George F. Will as "a masochist with a sense of humor." The description is apt for one of Washington, D.C.'s most colorful personalities, the man who famously said during the 2008 presidential campaign that "there is more information on the back of a box of Fruit Loops" than in John McCain's economic plan. At 41 years old, Goolsbee will be the youngest economist to chair the council since 1969, and he is taking the ...
Follow Politics Daily
POPULAR
- Nancy Pelosi Confirms House May Skip Up or Down Vote on Senate Health Bill
- Debrahlee Lorenzana: A Double Take on Those Double D's
- Palin Earnings Estimated at $12 Million
- Campbell Brown Quits CNN With Shockingly Frank Farewell
- The Five Most Racist Obama Cartoons?
- Soraya M., Stoned to Death for Being an "Inconvenient Wife''
- Jimmy Carter Leaves Church Over Treatment of Women
- No posts are available.
News From Our Partners
- Dragon arrives at space station in historic 1st
- Picking new leader, Egyptians search for superman
- Egyptians vote in first free presidential vote
- Moon chips from Vegas casino mogul sent to NASA
- Egyptians vote to rid nation of autocratic rule
- More Stories »
- Romneys Love Fancy World of Rarefied Sport
- Rudy Giuliani: Mitt's Great. I'm Just Better
- 'Masters of the Universe' Sure Have Fragile Egos
- Romney: My Mistakes 'Haunt Me'
- Newt Lauds Romney: He's Like Eisenhower
- More Stories »
- The 7 Best Moments from Sunday Talk
- Know Your Enemy
- Cannes’s Mischief Maker
- Cut It Out, Internet Bullies!
- Cut It Out, Internet Bullies!
- More Stories »
- Ambition Counteracting Ambition
- Robert Blagojevich Speaks Out
- In Iowa, Obama Calls Romney's Words 'A Cow Pie of Distortion'
- In Iowa, Obama Calls On Congress to Act on Clean Energy Tax Credits
- Romney Has Interesting Morning in Inner-City Philly
- More Stories »
Top News
More News
More on Aol
Local News
More Blog/Sites
Sites and Services
HuffPost Politics