WASHINGTON (Reuters) - President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen, a respected policy dove, to be vice chairman of the central bank, a source familiar with the process said on Thursday. Yellen would replace Donald Kohn, a 40-year veteran of ...

House Majority Whip Jim Clyburn said he hopes a vote by the full chamber could be held on the measure within the next 10 days. (Reporting by Donna Smith; writing by Thomas Ferraro; editing by Eric ...

Obama, who had been scheduled to leave on March 18 on his first overseas travel of the year, plans to depart instead on March 21, the officials said. The decision to delay the trip comes as Obama presses his fellow Democrats for a quick final vote on healthcare reform, which has ignited a ...

On the April 13-15 trip, she will seek to "amplify the president's commitment to advancing mutual interests, mutual respect and mutual responsibility between nations and peoples around the world," according to a statement. The statement also said she will seek to "build on her ...

WASHINGTON (Reuters) - Congressional Democrats drew closer on Thursday to agreement on a broad healthcare overhaul that could clear the way for a final vote in the next few weeks, but vowed not to be bound by White House deadlines. Senate Democratic leader Harry Reid said there are still issues to ...

WASHINGTON (Reuters) - President Barack Obama on Thursday faced pressure to help create jobs in African-American communities and deliver an immigration overhaul even as he tried to push healthcare reform across the finish line. Back-to-back White House meetings with representatives from the black ...

BEIJING (Reuters) - The United States should not make a political issue out of the yuan, a Chinese central banker said on Friday, as the two countries lurched toward a potential bust-up over Beijing's currency regime. The latest rhetorical salvoes underlined how long-running friction caused by the ...

WASHINGTON (Reuters) - Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardizing a top Obama administration priority and boosting bank share prices. Senate Banking Committee Chairman Christopher Dodd warned that time was ...

Reid's wife, Landra, 69, was in serious condition with a broken back, neck and nose at a Washington-area hospital, but the initial prognosis was that she would not require surgery, a spokesman for Reid said. His daughter, Lana, 49, suffered a neck injury and facial lacerations, and was expected to ...

"These organizations do extraordinary work in the United States and abroad helping students and veterans and countless others in need," Obama said in a statement. He had vowed to donate the prize money to charity after unexpectedly winning the prestigious prize last year, and his ...