President Obama has taken his time in choosing a new Federal Reserve Chairman. It's a four-year post so whoever he picks will lead the central bank well into the next president's term. Top contender Larry Summers withdrew his name from consideration. Analysts speculate the No. 2 at the Fed, Janet Yellen, will now be the top choice.
Secular activists who count themselves among the "nones" — as in atheists, agnostics or those of no definite religious affiliation — say they hope a new political action committee will stiffen the backbones of lawmakers who may be too afraid to openly state their doubts about the existence of a divine author of the universe.
President Obama addressed business leaders in Washington Wednesday. Facing back-to-back budget conflicts with Republicans in Congress over the federal budget and debt ceiling in the next few weeks, Obama is looking to the business community to back his view that political showdowns put the economy at risk.
After initially resisting a plan to tie a continuing resolution funding the government past Sept. 30 to a "defunding" of Obamacare, House leaders announced Wednesday they would do just that, possibly as early as the end of the week. That would put the whole drama into the laps of the Senate, where Democrats will likely strip out the Obamacare language and send it right back to the House.
The Congressional Black Caucus Foundation holds its annual conference this week. Host Michel Martin talks with Representative Chakah Fattah of Pennsylvania about the foundation's new investment in minority-owned banks. Michael Grant, president of the National Bankers Association, also joins the conversation.
Brazil's President Dilma Rousseff has put off her state visit to the United States over allegations that the National Security Agency spied on her, ordinary Brazilians and the state oil company. This was supposed to be the first state visit by a Brazilian leader in two decades.
The bill would cut $40 billion from the federal SNAP program over 10 years. Republicans who back the cuts say they attack fraud. In reality, the vast majority of SNAP recipients either work or are children, disabled or elderly. The House is poised to take up the bill Thursday.
In the aftermath of this week's shooting rampage at the Navy Yard in Washington, D.C., there has been no revival of the debate over gun control. In fact, the response from both sides in the debate has been muted. That's very different from what happened after the Sandy Hook Elementary School shootings in December.
After Tea Party Republicans balked at passing the traditional farm-and-food-stamp bill, House leaders split the two apart. The farm portion narrowly cleared the House in July. The food stamp part is on its way to the floor — this time with cuts twice as large as before. The $40 billion in cuts would be made over a decade.
After Tea Party Republicans balked at passing the traditional farm-and-food-stamp bill, House leaders split the two apart. The farm portion narrowly cleared the House in July, and the food stamp part is now on its way to the floor — this time with cuts twice as large as before.
A special federal surveillance court has reaffirmed the constitutionality of a National Security Agency program that collects data about most of the nation's phone traffic. NPR's Larry Abramson reports that the court says the records of phone metadata are not protected by the Fourth Amendment.
Now that Larry Summers has withdrawn his name from consideration to lead the Federal Reserve, Janet Yellen, Vice Chair of the Fed, has emerged as the frontrunner. For more on Yellen and her career, Audie Cornish talks with Alan Blinder, a professor of economics at Princeton University.
In a slap to the United States, Brazilian President Dilma Rousseff announced she is postponing her state visit to Washington. It was scheduled for Oct. 23 and would have been the first state visit of President Obama's second term. The postponement follows revelations that the National Security Agency spied on Rousseff, her top aides and Brazil's state-run oil company.