November 5th, 2010
01:20 PM ET
4 years ago

Pelosi is running for Minority Leader amid calls for her to step down

Washington (CNN) - Outgoing House Speaker Nancy Pelosi said Friday she will run for minority leader, even as some moderate and conservative Democrats have said she should step aside. Pelosi made the announcement on Twitter: "Driven by the urgency of creating jobs & protecting #hcr, #wsr, Social Security & Medicare, I am running for Dem Leader."

She further explained her decision in a statement.
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Filed under: Nancy Pelosi
November 5th, 2010
01:13 PM ET
4 years ago

BREAKING: Pelosi running for Dem leader

(CNN) - Outgoing House Speaker Nancy Pelosi said Friday she will run for minority leader, even as some moderate and conservative Democrats have said she should step aside.

Pelosi made the announcement on Twitter: "Driven by the urgency of creating jobs & protecting #hcr, #wsr, Social Security & Medicare, I am running for Dem Leader."


Filed under: Nancy Pelosi
November 5th, 2010
12:56 PM ET
4 years ago

Political Circus: McCain vs. Seacrest

Washington (CNN) – Politics is serious business - but not all of the time. From the halls of Congress to the campaign trail, there's always something that gets a laugh. Here are some of the things you might have missed.

Fightin' words

FULL STORY


Filed under: 2010 • Political Circus
November 5th, 2010
11:23 AM ET
4 years ago

Boren calls for Pelosi replacement

(CNN) – Rep. Dan Boren, a conservative Democrat from Oklahoma, says he wants outgoing House Speaker Nancy Pelosi replaced as the leader of House Democrats.

“I cannot in good conscience support Nancy Pelosi as Leader. I intend to support a more conservative Democrat alternative," he said in a statement.


Filed under: Nancy Pelosi
November 5th, 2010
10:17 AM ET
4 years ago

Obama: Put politics aside to grow economy

Washington (CNN) – President Barack Obama on Friday hailed new "encouraging" job numbers and said it is imperative that Democrats and Republicans work together to improve the economy.

"Based on today's jobs report, we've now seen private sector job growth for 10 straight months. That means that since January, the private sector has added 1.1 million jobs," he said at the White House after the Labor Department reported that the economy added 151,000 jobs in October.
FULL STORY


Filed under: Economy • issues • President Obama
November 5th, 2010
10:00 AM ET
4 years ago

Voters to states: No new taxes

New York (CNNMoney.com) - Thanks to voters, alcohol will no longer be taxed in Massachusetts. Candy won't be subject to a levy in Washington anymore. And California drivers won't have to pay a proposed $18 fee to fund state parks.

State residents aren't feeling very generous these days, even though now is when government officials say they need the tax money the most.
FULL STORY


Filed under: 2010 • issues • Taxes
November 5th, 2010
09:15 AM ET
4 years ago

Cantor uses jobs report to make pitch for extending tax cuts

Washington (CNN) – The man who is expected to be the next House majority leader says that ensuring that no one faces a tax increase will help the private sector take the lead in creating jobs.

Current House Minority Whip Eric Cantor made his comments moments after the release of October's jobs report.
FULL POST


Filed under: 2010 • Eric Cantor • House Republicans • issues
November 5th, 2010
08:29 AM ET
4 years ago

Key GOP rep warns of banking 'mass exodus'

New York (CNNMoney.com) - The congressman likely to supplant Rep. Barney Frank as chairman of the House Financial Services Committee is asking regulators to carefully consider the implications of a new rule designed to limit risky trading.

Rep. Spencer Bachus, a Republican from Alabama, warns in a letter sent to Treasury Secretary Tim Geithner and the Financial Stability Oversight Council that an overly-strict implementation of the Volcker Rule will spark a "mass exodus" of clients from U.S. banks to their competitors abroad.
FULL STORY


Filed under: 2010 • Economy • issues • Spencer Bachus
November 5th, 2010
07:59 AM ET
4 years ago

After election bruising, Obama sets off on extensive Asian trip

Washington (CNN) – Fresh off an electoral bruising for his Democratic Party, President Obama heads to India on Friday to launch a 10-day Asian trip intended to expand export markets and strengthen security cooperation in what he considers a region vital to U.S. interests.

The trip to India, Indonesia, South Korea and Japan encompasses a G-20 summit, an Asia-Pacific Economic Cooperation summit, major holidays in India and Indonesia, and bilateral talks with Chinese President Hu Jintao and at least five other leaders, as well as four presidential news conferences.
FULL STORY


Filed under: President Obama
November 5th, 2010
07:56 AM ET
4 years ago

Election result ends talk of further sweeping reforms

Washington (CNN) – One wish of many Republicans and conservative voters seems certain to come true in the aftermath of the midterm congressional elections - there won't be any more sweeping reform legislation like the 2,000-plus page health care bill for a while.

President Barack Obama has conceded as much since Democrats lost majority control of the House and had their Senate majority narrowed this week, telling reporters that a piecemeal approach to major issues is the best way forward.
FULL STORY


Filed under: 2010 • issues • President Obama
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