Barack Obama Breaking News: Obama to Try to Focus Public Attention on Economy

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Barack Obama Breaking News: Obama to Try to Focus Public Attention on Economy

by Wochit 1:08 mins

Barack Obama Breaking News: Obama to Try to Focus Public Attention on Economy

by Wochit 1:08 mins

Seeking to focus public attention on the problem he was sent to the White House to solve, President Barack Obama is making a renewed push for policies to expand the middle class, helping people he says are still treading water years after the financial meltdown. According to people who have been briefed on the administration's thinking, President Barack Obama is leaning towards former White House Economic Adviser Larry Summers as his choice to replace Ben Bernanke as chairman of the Federal Reserve. Liberal critics of Summers' economic record, along with those who continue to question his ability to work with women, are waging a last-minute campaign to persuade the president to change his mind and instead choose the other frontrunner for the job, Fed Vice Chair Janet Yellen. The Senate Foreign Relations Committee overwhelmingly approved Samantha Power, President Barack Obama's nominee to be U.S. ambassador to the United Nations, clearing the way for a vote in the full 100-member Senate.

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