1. Initiatives

    Obama: 'We Can't Wait' for Congress

    U.S. President Barack Obama pauses while speaking during a news conference in Washington, D.C., U.S., on Friday, Oct. 21, 2011. Obama announced that all U.S. troops will be out of Iraq by the end of the year, fulfilling a campaign promise and ending one of the longest conflicts in U.S. history.

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    With congressional Republicans having killed his job plan, President Obama is turning to actions that don’t require their approval: he will travel to Las Vegas Monday and Denver Wednesday in order to announce executive actions to revamp housing and student-loan regulations. His message will be “we can’t wait” for lawmakers to fix the economy. Obama’s housing plan will allow homeowners to refinance their mortgages no matter how much value they have lost; the current program, originally designed to aid 9 million homeowners, reached only about 1.7 million.

    Read it at The New York Times