WASHINGTON (CNN) - As President Barack Obama mulls whether to nominate Lawrence Summers to lead the Federal Reserve, the Harvard professor has suspended his activities with banking behemoth Citigroup.
"Mr. Summers has withdrawn from participation in all Citi events while he is under consideration to be Chairman of the Federal Reserve," Danielle Romero-Apsilos, a spokeswoman for the company, said in an e-mailed statement.
WASHINGTON (CNN) - Senators John McCain and Lindsey Graham continued their all-out verbal assault on the Obama administration's handling of the Syria crisis, disparaging Saturday's U.S.-Russian agreement as "morally and strategically indefensible."
"It requires a willful suspension of disbelief to see this agreement as anything other than the start of a diplomatic blind alley," the senators said in a joint statement, "and the Obama administration is being led into it by Bashar Assad and Vladimir Putin."
NEW YORK (CNN) - Sarah Palin and her political action committee are being sued by a newspaper publisher over the use of an "iconic" Sept. 11 photograph.
In legal documents obtained by CNN, the North Jersey Media Group claims that Palin used their "WTC Flag Raising Photograph" without permission when it was allegedly posted on her Facebook page and the website for her political action committee, SarahPAC.
WASHINGTON (CNN) - The ranking Republican on the Senate Foreign Relations Committee, after lambasting President Obama's handling of the Syria situation, now says the proposed solution to the crisis remains "very much an open question."
Sen. Bob Corker, R-Tennessee, weighed in on the agreement brokered by Secretary of State John Kerry and Russian Foreign Minister Sergey Lavrov on Saturday morning, questioning how enforceable the proposed plan is and whether it signals a diplomatic retreat for the United States.
WASHINGTON (CNN) - A White House spokeswoman confirmed Saturday that Dan Pfeiffer, President Obama's longtime adviser, is back at work after he was hospitalized last week for "stroke-like symptoms."
"We are happy and relieved to have Dan back at work full time," Amy Brundage told CNN.
WASHINGTON (CNN) - President Barack Obama will deliver remarks in the Rose Garden on Monday to mark the five-year anniversary of the collapse of Lehman Brothers, which triggered a massive, nationwide financial meltdown.
A White House official said Obama would discuss his record on creating jobs during the first five years of his presidency, as well as his administration's continued efforts to bolster hiring. The unemployment rate currently stands at 7.3% - far lower than when Obama took office in January 2009, but still high compared to historic levels.
(CNN) - With less than a month before open enrollment begins for Obamacare, Republicans again went after the president's signature health care law in their weekly address on Saturday.
Rep. Diane Black, R-Tennessee, highlighted her bill, "No Subsidies Without Verification Act," which was passed by the House this week, -one of dozens of attempts by the GOP-controlled House to chisel away at the health care law.
(CNN) – The United States will maintain the threat of military force against Syria with efforts underway to diplomatically place its chemical weapons under international control, President Barack Obama said on Saturday.
His comments came as Secretary of State John Kerry and his Russian counterpart, Sergey Lavrov, continued their initial round of talks in Geneva on ways to forge a peaceful resolution with international backing.