Joined by campaign rival Sen. John McCain and others, Obama signed a presidential memorandum that calls for an overhaul of government contracting rules by eliminating no-bid contracts, maximizing competitive bidding processes.
Obama nominated Craig Fugate, director of the Florida Division of Emergency Management, to lead the Federal Emergency Management Agency.
Hillary Clinton makes her first visit to the middle east as secretary of state.
The White House also kicked off a previously announced program to assist homeowners facing foreclosure. (Photo source: White House)