President Barack Obama announced Tuesday that current Deputy Director for the Office of Management and Budget (OMB) Jeffrey Zients will now serve as the OMB’s Acting Director. “I’m pleased to designate Jeff Zients to lead the Office of Management and Budget.  Since day one, Jeff has demonstrated superb judgment and…

Manchester, N.H.–The question on everyone’s mind is whether President Obama will bring an end to the misery in Sudan. Months after proclaiming its independence, Sudan has encountered a harsh halt in economic and growth in infrastructure due to a humanitarian crisis and growing tensions amongst local communities. The first stages…

The unemployment rate dropped by a slight .1 percent in December, according to data released Friday by the Labor Department, with the economy adding 200,000 jobs.

Speaking from the Pentagon this morning, President Obama outlined a new the line of budget cuts that would trim the Pentagon and military bottom-line by hundreds of billions of dollars over the next decade. Calling the plan “smart”, and “strategic”, the new military strategy includes $487 billion in cuts over…

President Barack Obama is appointing Richard Cordray to head the newly formed Consumer Financial Protection Bureau, despite objections from Senate Republicans.

President Barack Obama spoke with Iowa supporters via video Tuesday evening to mark the state’s caucus night. The transcript of the exchange is below:   Hello, Iowa! How are you guys?  I miss you all.  And I understand that it’s actually warmer tonight than it was four years ago, which…

With U.S. troops set to leave Iraq by month’s end, President Barack Obama pledged to maintain an ongoing, normalized relationship with the country during a joint press conference with Iraqi Prime Minister Nouri al-Maliki Monday. “This is the shared vision that Prime Minister Maliki and I reaffirmed today: an equal…

President Obama appeared visibly annoyed on Thursday, chiding House Republicans for refusing to get behind a temporary payroll tax cut extension passed by the Senate this past weekend. Surrounded at the podium by a handful of individuals who would benefit from a continuation of the current tax holiday, Obama struck…

Kim Jong Un, the son of recently deceased dictator Kim Jong Il, will share power in North Korea with the country’s military and his uncle, according to a Reuters report. Reuters stated that their source, described as being closely tied with the North Korean capitol of Pyongyang, has accurately predicted…

When Obama ascended his role as president-elect in 2008, he was set for a big test. Facing the greatest economic crisis and highest levels of unemployment since the 1930s, the new presidency was the chance to make good on his economic and social promises, and change the “arc of history,”…