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Obama Announces Commerce, Trade Nominees

President Obama on Thursday nominated Penny Pritzker to run the Commerce Department. An heiress to the Hyatt hotel empire and one of Forbes' 300 richest Americans, she also served on the President's Economic Recovery Advisory Board. Obama also nominated a new U.S. Trade Representative. Michael Froman is a senior economic adviser to the president and a former Citigroup executive.
NPR

How Will Obama Make His Case On Syria?

When it comes to the U.S. role in Syria's civil war, President Obama says he's weighing all options. Whatever he decides, he'll have to make his case to a public that hasn't been paying close attention.
NPR

Ahead Of Obama Trip, Mexico Alters Cooperation Agreements

President Obama heads to Mexico Thursday for a three day trip south of the border that includes a stop in Costa Rica. The president says he plans to focus on trade and economic opportunities between the U.S. and Mexico during his visit. But the timing of the trip comes just as Mexico is altering cooperation agreements between the two countries in the fight against drug trafficking.
NPR

Obama Taps Congressman To Oversee Fannie Mae, Freddie Mac

The Obama administration announced a new head of the Federal Housing Finance Agency, the conservator for Fannie Mae and Freddie Mac. North Carolina Democrat and veteran congressman Melvin Watt ousts the current controversial head.
NPR

The Federal Deficit Is Actually Shrinking

The Congressional Budget Office projects the deficit will drop below 4 percent of GDP next year and below 2.5 percent in 2015. Still, despite the improvement in the short run, the federal government faces long-term deficits, mostly tied to health care costs.

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