
Thursday, Nov. 5, 2009
The House passed a bill Wednesday to move up tough new rules for credit card lenders, lashing out at an industry that has been raising interest rates and fees at a furious pace since the rules were passed in May.
'Last meal' not rescue
Wednesday, Nov. 4, 2009
House Financial Services Committee Chairman Barney Frank is refuting accusations that a bill he helped author would lead to a rash of taxpayer-funded Wall Street bailouts.
Does the administration get too much power?
Saturday, Oct. 31, 2009
Lawmakers from both parties are concerned that an Obama administration-backed bill intended to deter future taxpayer-funded Wall Street bailouts would have the opposite effect and give the White House too much power over the nation's financial sector.
Friday, Oct. 30, 2009
"Chairman Edolphus Towns [New York Democrat] of the House Committee for Oversight and Government Reform [last week] announced a major investigation 'into whether mortgage companies employed deceptive and predatory lending practices, or improper tactics to thwart regulation, and the impact of those activities on the current crisis,' " writes the Nation Editor Katrina vanden Heuvel on the Web site of the liberal magazine.
Friday, Oct. 30, 2009
Treasury Secretary Timothy F. Geithner says that bankruptcy - not taxpayer-funded bailouts - will be the federal government's primary response to failing Wall Street firms in the future.
Thursday, Oct. 29, 2009
Treasury Secretary Timothy F. Geithner says that bankruptcy -- not taxpayer-funded bailouts -- will be the federal government's primary response to failing Wall Street firms in the future.
Thursday, Oct. 29, 2009
FETING PHILLIPS
Thursday, Oct. 29, 2009
The Obama administration's "pay czar" told a congressional panel Wednesday that his authority shouldn't be expanded beyond the seven biggest corporate recipients of government aid and that the government should get out of the business of regulating Wall Street salaries in the long run.
Wednesday, Oct. 28, 2009
The Obama administration's "pay czar" told a congressional panel Wednesday that his authority shouldn't be expanded beyond the seven biggest corporate recipients of government bailout aid and that the government should get out of the business of regulating Wall Street salaries in the long run.
Tuesday, Oct. 27, 2009
The conservative Americans for Tax Reform has announced a series of ads aimed at encouraging Sen. Ben Nelson, a moderate Nebraska Democrat, to oppose the Senate health care bill on the grounds that it violates his "taxpayer protection pledge."