In a few hours President Obama is expected to nominate White House Chief of Staff Jacob Lew as the next Treasury Secretary. He brings a very different type of experience to the job than current secretary Timothy Geithner.
Multiple news outlets are reporting that President Obama will put forth Jack Lew as his nominee to be the next Secretary of the Treasury in an announcement tomorrow.
The process of pushing through those Bush tax cuts 12 years ago might seem like ancient history, but some say we could stand to go back in time and learn from it.
President Obama signed a bill this week protecting U.S. airlines from an emission tax when they fly in and out of Europe. The EU's carbon tax is so unpopular, it's been suspended for all carriers for a year.
Today, President Obama is on his way back to the United States after several days in Southeast Asia. His most recent stop in the tour was in Cambodia, where he attended an economic conference.