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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.

AP - President Barack Obama's furious, final push to get a health care bill passed threatens to shove aside the message he promised would top his list this year: creating jobs.

AP - Senate negotiators closed in on a deal on Wall Street regulations Monday, proposing a new entity inside the Federal Reserve to oversee consumer financial products ranging from credit cards to mortgages.

Federal Reserve Vice Chairman Donald Kohn's decision to step down at the end of June gives President Barack Obama a chance to put a bigger imprint on the central bank.

The filibuster — tool of obstruction in the U.S. Senate — is alternately blamed and praised for wilting President Barack Obama's ambitious agenda.

Reuters - President Barack Obama filled out his commission to tackle the U.S. deficit on Friday, appointing the head of Honeywell International and a former Federal Reserve vice president to the bipartisan panel.

AP - President Barack Obama's four appointments to the bipartisan debt panel he established last week include the head of manufacturing giant Honeywell and a former top-ranking Federal Reserve official.

A tough two days of hearings on Capitol Hill have torn asunder Toyota's carefully cultivated image as a company with  strong American roots.

President Barack Obama tried to rejuvenate his stalled healthcare overhaul on Monday with a revised plan designed to make coverage more affordable and bolster federal authority to regulate insurance premium hikes

A congressional committee formally invited Toyota Motor Corp President Akio Toyoda to testify at a Feb. 24 hearing.