(CNN) – Billionaire investor Warren Buffett said he hopes Hillary Clinton will become the first female president of the United States in 2016.
"I don't see how you could have anybody better qualified," Buffett told CNN's Poppy Harlow in an exclusive interview Wednesday about the current Secretary of State and 2008 White House hopeful.
Washington (CNN) - President Barack Obama called out Republican Sens. Lindsey Graham and John McCain for their "outrageous" comments saying they would block U.S. ambassador to the United Nations Susan Rice if she is nominated for secretary of state.
"If Senator McCain and Senator Graham and others want to go after someone they should go after me," Obama said at a White House news conference on Wednesday. "When they go after the U.N. ambassador apparently because they think she's an easy target, then they've got a problem with me."FULL STORY
Washington (CNN) - President Barack Obama said Wednesday he was unaware of any disclosure of classified information from the scandal engulfing former CIA Director David Petraeus and Gen. John Allen, the top U.S. commander in Afghanistan, that could damage national security.
"I have no evidence at this point from what I've seen that classified information was disclosed that in any way would have had a negative impact on our national security," Obama said in his first post-election news conference.FULL STORY
(CNN) - House Speaker John Boehner received a standing ovation after being renominated to his position Wednesday by the House Republican Conference.
Nominated by House Majority Leader Eric Cantor, Boehner gained support from members of his party to continue his speakership. He will be formally elected by a vote in the House of Representatives when the 113th Congress convenes in January.
(CNN) – As the deadline nears for Congress to reach an end-of-the-year agreement to avoid the so-called fiscal cliff, a new poll released Wednesday indicates Americans feel a sense of urgency about the situation.
According to the USA Today/Gallup poll, 82% of adults say it's either extremely or very important for Congress and the president to find a deficit-reduction deal to prevent a massive amount of tax hikes and spending cuts from kicking in at the beginning of next year.
Washington (CNN) - If voters want major change in Washington, they won't find it in the next Senate's leadership. There will be little turnover in the chamber's top ranks in January, according to Democratic and GOP caucus election results announced Wednesday.
Nevada's Harry Reid is returning for another term as leader of the majority Democrats, who defied expectations by expanding their caucus from 53 to 55 members. Illinois Sen. Dick Durbin will once again serve as assistant majority leader, while New York Sen. Chuck Schumer returns as Democratic conference vice chairman – the party's number three slot.
(CNN) - President Barack Obama heads to the podium Wednesday at the White House for the sixteenth formal, solo news conference of his presidency.
The likely topics? Expect to hear questions about the resignation of former CIA Director David Petraeus, who stepped down last week and revealed he had an extramarital affair with his biographer. Another four-star general, John Allen, is also implicated in the complex scandal.
Another expected line of questioning will focus on the upcoming "fiscal cliff" - and how Obama plans to work with Republican lawmakers on avoiding it. But with the political environment largely unchanged since his last news conference, many of the key issues remain the same: the ballooning national debt, the tepid economic recovery, unrest in the Middle East and the specter of a nuclear Iran.
Full live coverage of Obama's news conference, led by Wolf Blitzer, is on CNN TV. You can watch the conference itself here, and be sure to refresh this page for constant updates as the action gets underway.
2:28 p.m. ET: Jessica Yellin and Wolf Blitzer breaking down the most explosive moment of the press conference: his defense of U.N. Ambassador Susan Rice. See Sen. Lindsey Graham's response to the president's remarks here:
2:26 p.m. ET: A reporter tried to shout a question as Obama was wrapping up. While Obama listened to the reporter ask the question (which was about the fiscal cliff), he said he wouldn't answer it since it was shouted out of line.
Here's an explanation:
2:24 p.m. ET: Obama says he's "encouraged to see that the Syrian opposition has formed an umbrella. That they had more cohesion than they had in the past."
But, he says, "we're not yet prepared to recognize them as some sport of government in exile."
2:22 p.m. ET: Question on Syria's civil war: "The Assad regime (in Syria) has engaged in a brutal crackdown on its people. France has recognized the opposition coalition. What would it take for the United States to do the same? And is there any point at which the United States would consider arming the rebels?"
(CNN) - House Minority Leader Nancy Pelosi is asking Democrats to keep her in the position for the next session of Congress beginning in January, Democratic sources told CNN Wednesday.
One Democratic source close to Pelosi said she would "continue to lead a united Democratic Caucus that will play a crucial role in developing a responsible deficit reduction package – working with President Obama and our colleagues in the Senate – that protects Social Security and Medicare, the middle class and children, while asking the wealthiest Americans to pay their fair share."
CNN's Dana Bash and Deirdre Walsh contributed to this report.
(CNN) - Maine's independent senator-elect announced Wednesday he would caucus with Democrats, giving the party a ten-vote advantage over Republicans in the upper chamber.
Angus King made the announcement Wednesday in the U.S. Capitol, where he and other newly elected senators and representatives are convening for a week of orientation. They will be officially sworn in as lawmakers in January.