Creation of a consumer protection agency at the Federal Reserve to prevent predatory lending was pressed for by President Barack Obama on Saturday.

No mention was made of Sunday's crucial vote in the House on healthcare reform, but the president's weekly Internet and radio address focused on the need for financial reform.

On Thursday, the country's largest labor federation sent in its decision to offer complete support to, and endorse, the Obama Administration's healthcare revamp bill, in spite of all the ongoing concerns over a tax that could be imposed on high-cost insurance plans.

While President Obama did make a comment or two about how Tiger Woods had literally betrayed his family, with all the affairs and notorious activities, in a recent interview, he did seem to have made it quite clear that no matter what, his personal life and what he does there is not something that can ever change the fact that he was, is and always will be a "terrific" player.

It seems that the debate on health care bill is nearing a point where nothing seems to be too definite.

According to President Obama, if the health care bill is passed, employer premiums will decline 3,000%.

It is true that a fine of $750 per head will be levied on businesses if they do not provide health care to their workforce.

President Obama has been trying his best to push the health care reform bill forward and get it cleared as soon as possible. Now, he has put forward two new points to stress just how the overhaul would benefit the nation and its population.

Obama administration has decided to renovate the “No Child Left Behind Law 2002” education law supported by Former President George Bush in order provide the best in the education for the children. This call for reorganization of the boards was announced on Saturday.

China's central bank cited that a stronger yuan won't help curb the imbalance in trade between China and the U. S. after President Barack Obama repeatedly called for the Asian nation to move to a "market-oriented exchange rate."

The mortgage modification program of the Obama administration is on a progressive path as a number of homeowners will receive permanently reduced monthly payments in February increasing by 45% to 168,708.

Janet Yellen, a 63-year-old UC Berkeley professor emeritus is a contender to become the Vice Chairwoman of the Fed. U. S. President Obama plans to do so, as the country is at an economic turning point.

Numerous reports issued recently suggest that many Americans and even President Barack Obama- are being over treated due to the overhaul and cost-cutting introduced in the health care system.