Wednesday, February 25, 2009

Daily Updates from The Page on TIME.com

The Page --- The Latest Updates

Locke to Commerce

Obama will announce the former Washington governor as Commerce Secretary in the Indian Treaty Room Wednesday morning. It will be his third nominee for the position. NY Times on Locke's lengthy China resume and longstanding interest in expanding trade relations.

Biden Gets to Work

The VP meets with Cabinet members Wednesday on the stimulus in his capacity as one of Obama's oversight czars. Warns he'll use "the moral approbation of this office" to ensure the money is used to create jobs, rebuild infrastructure. Later: Biden, his wife and Secretary Duncan will address state school superintendents from around the U.S. on stimulus [...]

Existing Home Sales Lowest Level in 12 Years

National Association of Realtors reports Wednesday sales of existing homes fell 5.3% to an annual rate of 4.49 million in January. Weakest showing since July 1997. Plus: Labor Department reports "mass layoffs" increased sharply in January.

FLOTUS on Life in the White House

Michelle Obama dishes to People about the extra family time they're getting, new details on the first dog, how the kids are coping and more. Click here for excerpts from her interview.

Biden Warns States on Stimulus

The stimulus oversight czar threatens to take the money back or mount a public campaign to embarrass them if they don't use the money as intended. Watch video from ABC's "Good Morning America" interview above.

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Swampland

Team America Gets A Pep Talk

My story about Barack Obama's speech last night is here.

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