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President George W. Bush took the rare step today of revoking a pardon he had granted only a day before, after learning of political contributions to Republicans by the man's father and other information. ...more
December 24, 2008
President George W. Bush and his huge extended family are spending their 12th and last Christmas at Camp David. ...more
December 24, 2008
Chrysler says it will close all 30 of its manufacturing plants for a month starting Friday. ...more
December 17, 2008
Under mounting pressure to act, the Bush administration said Friday it was ready to step in and prevent the U.S. auto industry from collapsing after the Senate refused to pass a rescue bill endorsed by the White House and congressional Democrats. The most obvious source of help was the Wall Street bailout fund. ...more
December 12, 2008
Facing massive job losses, the White House and congressional Democrats are negotiating a deal to provide about $15 billion in loans to prevent Detroit's weakened auto industry from collapsing. ...more
December 6, 2008
WASHINGTON - A top Chrysler executive warned Wednesday that a carmaker collapse could send the economy spiraling into a depression, while the United Auto Workers agreed to new concessions for their companies. ...more
December 3, 2008
President Bush said Saturday the terrorists behind the deadly attacks in India "will not have the final word" and pledged full U.S. support "in the face of this assault on human dignity." ...more
November 29, 2008
President-elect Barack Obama will announce the leaders of his economic team Monday, naming Timothy Geithner as treasury secretary and Lawrence Summers to direct the National Economic Council, transition officials said. ...more
November 23, 2008
World leaders launched extraordinary summit talks Friday on the economic crisis gripping the globe, searching for ways to limit the current carnage and prevent future calamities. President George W. Bush declared that "billions of hardworking people are counting on us," but the summit's results were likely to be modest. ...more
November 15, 2008
All smiles and compliments, President-elect Obama and his wife, Michelle, called on President Bush and first lady Laura Bush Monday in a White House visit that was part political ritual, part practical introduction and a striking symbol of the historic transfer of power to come. The president and Obama talked war and financial crisis. Laura Bush and Michelle Obama talked about raising daughters in the nation's most famous house. ...more
November 10, 2008
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