Political News Headlines

Overall, Obama raised nearly $750 million during his odyssey to the presidency.

The president-elect is asking his campaign donors to pay down some of Hillary Clinton's multimillion-dollar debt owed mostly to a polling firm.

For the final time as president, George W. Bush led the countdown Thursday night to lighting the nearly 42-foot Christmas tree that overlooks the White House.

So far, Obama has avoided taking firm positions on ongoing efforts to shore up the economy -- much to his party's dismay

One thing is certain: The CEOs of the Big Three automakers made sure they arrived in Washington on Thursday via a method championed by Henry Ford and not the Wright Brothers.

The financial industry is pushing a proposal for the Treasury Department to seek to lower the rate on a 30-year mortgage to 4.5 percent. 

California Congressman Xavier Becerra has met with Barack Obama to discuss the job of U.S. trade representative, according to a Democratic official. 

Blackwater guards involved in the deadly 2007 Baghdad shooting of Iraqi civilians could face mandatory 30-year prison sentences under an anti-drug law being considered. 

Though President-Elect Barack Obama has yet to take office, his candidacy has generated a naming craze.

The Bush family announced Thursday they've found a home in an upscale Dallas neighborhood.

Republican Sen. Norm Coleman withdraws 650 ballot challenges, surpassing the 633 challenges that Democrat Al Franken has withdrawn. 

Republican Rep. Ileana Ros-Lehtinen said she thought it was a prank when President-Elect Barack Obama called her by phone to congratulate her on her re-election. 

President Bush and First Lady Laura Bush have purchased a home in Dallas, Texas.

U.S. Sen. Kay Bailey Hutchison announced Thursday that she planned to set up a gubernatorial exploratory committee. 

The prepared remarks submitted by the auto industry workers union's President Ron Gettelfinger before the Senate Banking Committee

The prepared remarks submitted by Bob Nardelli, Chairman and CEO of Chrysler, before the Senate Banking Committee.

Prepared remarks delivered by Richard Wagoner, Jr., CEO of General Motors Company, to Senate Committee on Banking, Housing and Urban Affairs

Prepared remarks delivered by Alan Mulally, CEO Ford Motor Company, to Senate Committee on Banking, Housing and Urban Affairs

A potential choice for President-Elect Barack Obama's Education Secretary made a visit to the Education Department on Thursday. 

Federal Reserve Chairman Ben Bernanke says "more needs to be done" to stem soaring foreclosures.