- John Podesta eats crow: ‘I apologize to Speaker Boehner’
- U.S., China race to finish line on ‘invisibility cloak’
- Obama ‘cavalier’ in hiding foreign aid order, judge rules
- Prince Charles: Muslims are driving Christians from Mideast through persecution
- Gitmo’s first commander: Close the prison down
- Google’s newest photography find: Just wink and shoot
- Detroit’s Heidelberg art project hit by 8 fires in 8 months
- Pa. police pull people over for random DNA tests for feds
- NASA pushing hard to get back into space game
- Harvard student to face federal charges for bomb hoax
By Andrew P. Napolitano
Fourth Amendment says Obama is not at liberty to collect metadata
Independent voices from the The Washington Times Communities
Topic - House Committee On Financial Services
Democrats are loath to admit their role in irresponsible lending
Fannie Mae and Freddie Mac, the two mortgage finance giants whose financial woes required massive taxpayer bailouts in recent years, could be missing out on as much as $4.6 billion in payments from foreclosed mortgages in their portfolios, a federal investigator said.
President Obama on Tuesday sought to prod along a rare bipartisan effort in Congress by throwing his weight behind a Senate bill that would eliminate mortgage giants Fannie Mae and Freddie Mac but maintain a government guarantee on high-quality 30-year mortgages so that the popular instruments do not disappear from the marketplace.
Federal Reserve Chairman Ben S. Bernanke says the central bank's timetable for reducing its bond purchases is not on a "preset course" and the Fed could increase or decrease the amount based on how the economy performs.
The Federal Reserve might put off its plans to stop infusing cash into world financial markets in the middle of next year if Congress enacts further deep budget cuts that prevent a pick-up in economic growth, Fed Chairman Ben S. Bernanke told a congressional hearing Wednesday.
A friend of the president gets invited to great parties, the chance to hobnob with Hollywood celebrities and sometimes, if the friend gets in trouble, he can pull out a "Get out of jail free" card.
Nearly three years after Congress passed the most far-reaching new regulations on Wall Street since the Great Depression, worries have resurfaced that the biggest U.S. banks have only grown in size and remain bailout candidates because they are "too big to fail."
Facing criticism from Republican lawmakers, Fed Chairman Ben S. Bernanke stood behind the Federal Reserve's low-interest-rate policies Wednesday and sought to reassure members of Congress that the central bank has a handle on the risks.
Democrats opposed a Republican-backed move to mount a real-time national debt clock during a House Financial Services Committee hearing on Tuesday, according to one media report.
The House Ethics Committee officially exonerated Rep. Maxine Waters, California Democrat, in a 3-year-old conflict-of-interest case involving her work on behalf of minority-owned banks despite her husband's financial stake in one of them.
The House has prolonged its three-year ethics investigation of Rep. Maxine Waters, a Democrat from California, yet again but is pledging to try to wrap up the case by the end of the year.
The House prolonged its three-year ethics investigation of one California Democrat while officially voting to reprimand and fine another.
In a move that serves as a capstone to Rep. Ron Paul's colorful career, the House on Wednesday voted to have Congress' chief investigators conduct a full audit of the Federal Reserve's shrouded decision-making process.
Federal Reserve Chairman Ben S. Bernanke told lawmakers Wednesday that the Fed's efforts to bolster growth have helped lift the U.S. economy out of the Great Recession. But he acknowledged that growth remains weak and the Fed can only do so much.
Federal Reserve Chairman Ben Bernanke sketched a bleak picture of the U.S. economy Tuesday — and warned it will darken further if Congress doesn't reach agreement soon to avert a budget crisis.