President Barack Obama "essentially fired" Fed Chairman Ben Bernanke in televised remarks this week, former Federal Reserve Governor Laurence Meyer says.
Rightwing US politicians who last year campaigned against the release of the drama Zero Dark Thirty for fear it could influence the outcome of the 2012 presidential election may have a new target in their sights.
The White House clashed with Republicans on Friday over the decision to prosecute Osama bin Laden's son-in-law in a civil court in New York rather than holding him at Guantánamo.
America's long-running fiscal cliff crisis was finally resolved on Tuesday night when Congress voted in favour of a White House compromise that will impose tax rises on the wealthiest and spare the working-class and middle-class.
President Barack Obama has demanded that Senate leaders strike a fiscal cliff deal by Sunday to avert the looming US economic crisis, or face a vote based solely on his own measures.
President Barack Obama has been accused by a senior Republican of being eager to take the US over the fiscal cliff for political gain, as Washington edges closer to a year-end deadline with no deal in sight.