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Friday, October 7, 2011 12:03 AM PDT

Today's Politics - Bloomberg News Headlines - Yahoo! News: Analysis: Defense industry eyeing Pentagon's Carter warily Romney says would exert U.S. leadership globally Obama hits China on trade; cautious on currency bill Senate delays vote on China yuan bill to next week Obama intervenes in freight rail dispute Senate and House to vote on trade deals Wednesday Obama intervenes in U.S. freight rail dispute Obama cautious on currency bill Vietnam general makes rare address to military Senator open to deal on detainees in defense bill Pragmatism rules new Obama team's Pakistan policy Top Energy Department official leaves after Solyndra: report Romney hoping South Carolina will give him new look Obama backs attorney general amid gun scandal Fitch slams proposed foreign profit tax break U.S. trade bills on quick path to approval Carter looks to Obama to honor Peace Prize promises Pelosi prods House Republicans on China currency bill Carter looks to Obama to honor Peace Prize promises Pakistan must be mindful of U.S. interests: Obama Boehner: Obama has given up on country to campaign Obama: Wall St. protests reflect public frustration Senate panel approves White House economic adviser Democrats tweak tax hike plan for millionaires Reid eyes vote on U.S. trade deals next Wednesday Sarah Palin decides not to run in 2012 Key China currency vote hits snag in Senate Reid says concerned support for China bill wavering Senate panel seen voting on trade pacts next week Obama to hold news conference on Thursday UNESCO should "think again" on Palestinians: Clinton Republican Palin decides not to run in 2012 Romney under pressure to break from Republican pack Justice Scalia rejects dysfunctional government talk Senate leader blocks defense bill over detainees Trade pacts clear first hurdle on way to approval Reid wants rich to pay 5 percent surtax Analysis: Jobs debate in the hands of voters, not Congress Tax on rich will pay for Obama jobs plan: Democrats Unions to Democrats: Don't take us for granted Analysis: Defense industry eyeing Pentagon's Carter warily Thu,6 Oct 2011 10:25 PM PDT Reuters - WASHINGTON (Reuters) - Defense contractors are losing faith that they have an ally in former chief weapons buyer Ashton Carter, who is now the No. 2 official at a Pentagon battling to stave off massive cuts. Full Story Top Romney says would exert U.S. leadership globally Thu,6 Oct 2011 07:59 PM PDT Reuters - CHARLESTON, South Carolina (Reuters) - Republican presidential candidate Mitt Romney will vow on Friday to exert U.S. leadership worldwide with military power and diplomacy in a speech aimed at showing he has foreign policy mettle. Full Story Top Obama hits China on trade; cautious on currency bill Thu,6 Oct 2011 06:28 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama accused China on Thursday of "gaming" international trade by keeping its currency weak, but was cautious about a bill before the Senate aimed at pressing Beijing to revalue the yuan. Full Story Top Senate delays vote on China yuan bill to next week Thu,6 Oct 2011 05:37 PM PDT Reuters - WASHINGTON (Reuters) - The Senate on Thursday delayed a vote on a bill to get tough with China over its currency practices until next week because of a dispute between Republicans and Democrats over the handling of amendments. Full Story Top Obama intervenes in freight rail dispute Thu,6 Oct 2011 05:26 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama intervened on Thursday in stalled contract negotiations at the largest freight railroads, heading off a potential strike by locomotive engineers that could have disrupted shipping nationally. Full Story Top Senate and House to vote on trade deals Wednesday Thu,6 Oct 2011 05:06 PM PDT Reuters - WASHINGTON (Reuters) - The House of Representatives and the Senate will vote next Wednesday on three long-delayed trade deals with South Korea, Panama and Colombia, congressional leaders said. Full Story Top Obama intervenes in U.S. freight rail dispute Thu,6 Oct 2011 04:22 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama intervened on Thursday in stalled contract negotiations at the largest U.S. freight railroads, heading off a potential strike by locomotive engineers that could have hit the U.S. economy. Full Story Top Obama cautious on currency bill Thu,6 Oct 2011 03:59 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama accused China on Thursday of "gaming" international trade by keeping its currency weak, but was cautious about a bill before the Senate aimed at pressing Beijing to revalue the yuan. Full Story Top Vietnam general makes rare address to military Thu,6 Oct 2011 02:34 PM PDT Reuters - WASHINGTON (Reuters) - A top Vietnamese officer who became a war hero fighting U.S. forces in the 1960s and 1970s made a rare address to a U.S. military audience in Washington on Thursday, tip-toeing around the conflict with measured words of advice to Americans. Full Story Top Senator open to deal on detainees in defense bill Thu,6 Oct 2011 02:23 PM PDT Reuters - WASHINGTON (Reuters) - A top Republican senator on Thursday said a bill that would limit how terrorism suspects are detained and prosecuted gives the Obama administration flexibility it wants, but he was willing to make more changes. Full Story Top Pragmatism rules new Obama team's Pakistan policy Thu,6 Oct 2011 02:21 PM PDT Reuters - WASHINGTON (Reuters) - After a very public falling out between Pakistan and the Pentagon, the U.S. military's new leaders are unlikely to replicate the close bond that the outgoing U.S. military boss had with his Pakistani peer. Full Story Top Top Energy Department official leaves after Solyndra: report Thu,6 Oct 2011 01:53 PM PDT Reuters - WASHINGTON (Reuters) - The top official at the Energy Department's loan program has stepped down in the wake of a high-profile failure of a loan to solar panel maker Solyndra, the Washington Post reported on Thursday. Full Story Top Romney hoping South Carolina will give him new look Thu,6 Oct 2011 01:36 PM PDT Reuters - CHARLESTON, South Carolina (Reuters) - Republican presidential candidate Mitt Romney is hoping South Carolina will give him a second chance in 2012 and is banking on military veterans to help. Full Story Top Obama backs attorney general amid gun scandal Thu,6 Oct 2011 01:35 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama said on Thursday he fully supported Attorney General Eric Holder, who has come under scrutiny after a botched operation to track guns smuggled to Mexican drug cartels. Full Story Top Fitch slams proposed foreign profit tax break Thu,6 Oct 2011 01:34 PM PDT Reuters - WASHINGTON (Reuters) - Giving corporations a tax break on their overseas profits likely would not boost the economy or jobs, said credit rating agency Fitch Inc on Thursday after two senators unveiled a tax "holiday" bill. Full Story Top U.S. trade bills on quick path to approval Thu,6 Oct 2011 12:56 PM PDT Reuters - WASHINGTON (Reuters) - The House of Representatives, and possibly the Senate, will vote next Wednesday on three long-delayed trade deals with South Korea, Panama and Colombia, congressional leaders said. Full Story Top Carter looks to Obama to honor Peace Prize promises Thu,6 Oct 2011 11:33 AM PDT Reuters - OSLO (Reuters) - Barack Obama needs to make good on the promises that won him the Nobel Peace Prize, fellow laureate and former U.S. president Jimmy Carter said on Thursday. Full Story Top Pelosi prods House Republicans on China currency bill Thu,6 Oct 2011 11:03 AM PDT Reuters - WASHINGTON (Reuters) - House Democratic Leader Nancy Pelosi on Thursday called on House Republican leaders to allow a vote on legislation to crack down on China's currency practices that appears set to pass the Senate. Full Story Top Carter looks to Obama to honor Peace Prize promises Thu,6 Oct 2011 10:43 AM PDT Reuters - OSLO (Reuters) - Barack Obama needs to make good on the promises that won him the Nobel Peace Prize, fellow laureate and former U.S. president Jimmy Carter said Thursday. Full Story Top Pakistan must be mindful of U.S. interests: Obama Thu,6 Oct 2011 10:07 AM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama said on Thursday the United States would not be comfortable in a long-term strategic relationship with Pakistan if it felt Islamabad was not mindful of U.S. interests. Full Story Top Boehner: Obama has given up on country to campaign Thu,6 Oct 2011 09:06 AM PDT Reuters - WASHINGTON (Reuters) - House of Representatives Speaker John Boehner on Thursday said President Barack Obama has "given up on the country" to focus on his re-election rather than working with Republicans to boost the economy. Full Story Top Obama: Wall St. protests reflect public frustration Thu,6 Oct 2011 08:34 AM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama on Thursday said the protests on Wall Street and some other cities reflect public anger that those who helped cause the financial crisis are fighting efforts to curb abuses. Full Story Top Senate panel approves White House economic adviser Thu,6 Oct 2011 08:30 AM PDT Reuters - WASHINGTON (Reuters) - The Senate Banking Committee on Thursday approved Princeton University economics professor and labor expert Alan Krueger to serve as the top White House economist. Full Story Top Democrats tweak tax hike plan for millionaires Thu,6 Oct 2011 08:17 AM PDT Reuters - WASHINGTON (Reuters) - At the request of the White House, Senate Democrats have pushed back the effective date of their proposed tax increase on millionaires until after next year's elections, a party aide said on Thursday. Full Story Top Reid eyes vote on U.S. trade deals next Wednesday Thu,6 Oct 2011 07:49 AM PDT Reuters - WASHINGTON (Reuters) - U.S. Senate Majority Leader Harry Reid on Thursday said the Senate could vote on three long-delayed trade deals with South Korea, Colombia and Panama next Wednesday. Full Story Top Sarah Palin decides not to run in 2012 Thu,6 Oct 2011 07:47 AM PDT Reuters - WASHINGTON (Reuters) - Sarah Palin said on Wednesday that she will not seek the Republican presidential nomination in 2012, ending months of speculation and leaving the Republican field largely settled. Full Story Top Key China currency vote hits snag in Senate Thu,6 Oct 2011 07:46 AM PDT Reuters - WASHINGTON (Reuters) - U.S. legislation designed to get China to revalue its currency hit a snag on Thursday as the Democratic leader of the Senate said wavering support from the Republicans could force lawmakers to drop the bill. Full Story Top Reid says concerned support for China bill wavering Thu,6 Oct 2011 07:09 AM PDT Reuters - WASHINGTON (Reuters) - Senate Majority Leader Harry Reid expressed concern that Republican support for China currency legislation could be wavering after many voted earlier this week in favor of starting action on the bill. Full Story Top Senate panel seen voting on trade pacts next week Thu,6 Oct 2011 05:55 AM PDT Reuters - WASHINGTON (Reuters) - The Senate Finance Committee will vote on Tuesday on three long-delayed trade deals with South Korea, Panama and Colombia, a congressional source said on Thursday. Full Story Top Obama to hold news conference on Thursday Thu,6 Oct 2011 05:14 AM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama will hold a news conference at 11 a.m. EDT on Thursday, the White House said. Full Story Top UNESCO should "think again" on Palestinians: Clinton Wed,5 Oct 2011 04:21 PM PDT Reuters - SANTO DOMINGO (Reuters) - Secretary of State Hillary Clinton said on Wednesday that the U.N. cultural agency UNESCO should "think again" on plans to vote on Palestinian membership, noting that such a move could cause the United States to cut funds for the organization. Full Story Top Republican Palin decides not to run in 2012 Wed,5 Oct 2011 04:14 PM PDT Reuters - WASHINGTON (Reuters) - Sarah Palin said on Wednesday that she will not seek the Republican presidential nomination, in 2012, ending months of doubt and leaving the Republican field largely settled. Full Story Top Romney under pressure to break from Republican pack Wed,5 Oct 2011 03:37 PM PDT Reuters - WASHINGTON (Reuters) - The good news for Republican Mitt Romney is that he is now the leader of the pack of candidates jockeying for the party's 2012 presidential nomination. The bad news is he is still stuck in that pack. Full Story Top Justice Scalia rejects dysfunctional government talk Wed,5 Oct 2011 03:03 PM PDT Reuters - WASHINGTON (Reuters) - Supreme Court Justice Antonin Scalia on Wednesday rejected concerns by Americans of a dysfunctional government because of disagreements and difficulty in getting legislation through Congress. Full Story Top Senate leader blocks defense bill over detainees Wed,5 Oct 2011 03:01 PM PDT Reuters - WASHINGTON (Reuters) - Senate Majority Leader Harry Reid will block consideration of the wide-ranging defense bill until provisions on how terrorism suspects will be treated are changed, according to a letter released on Wednesday. Full Story Top Trade pacts clear first hurdle on way to approval Wed,5 Oct 2011 02:21 PM PDT Reuters - WASHINGTON (Reuters) - A congressional committee on Wednesday strongly backed deals with South Korea, Colombia and Panama, setting them on course for expected final approval and ending years of trade policy paralysis. Full Story Top Reid wants rich to pay 5 percent surtax Wed,5 Oct 2011 02:10 PM PDT Reuters - WASHINGTON (Reuters) - Millionaires would face a new 5 percent surtax to help pay for President Barack Obama's $447 billion jobs program under a plan unveiled on Wednesday by his fellow Democrats in the U.S. Senate. Full Story Top Analysis: Jobs debate in the hands of voters, not Congress Wed,5 Oct 2011 02:09 PM PDT Reuters - WASHINGTON (Reuters) - It increasingly appears that the debate over job creation in the United States will be resolved by voters, not lawmakers. Full Story Top Tax on rich will pay for Obama jobs plan: Democrats Wed,5 Oct 2011 01:51 PM PDT Reuters - WASHINGTON (Reuters) - Senate Democrats want to hit millionaires with a 5 percent surcharge on their taxes to pay for President Barack Obama's $447 billion jobs program, but the plan seems to be going nowhere in the divided Congress. Full Story Top Unions to Democrats: Don't take us for granted Wed,5 Oct 2011 01:38 PM PDT Reuters - WASHINGTON (Reuters) - The country's largest labor federation warned the Obama administration and congressional Democrats not to take their support for granted and said they would work against any elected leader who supports pending free trade agreements. Full Story Top

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