Tarp News

Projections of bigger savings from the financial bailout fund could be setting up a fight over how to use the anticipated $200 billion windfall. President Obama is likely to push for a new jobs program while congressional Republicans insist the...

Senate confirmation vote on a second four-year term as chairman of the Federal Reserve, Ben S. Bernanke finds himself under attack from both ends of the political spectrum. Libertarian Rep. Ron Paul (R-Tex.), abetted by a number of liberal Democrats,...

Bank of America said Thursday that it raised $19.29 billion in a complex share sale to help pay back $45 billion in bailout funds. Repaying the money could help the ailing bank attract a new chief executive to replace Kenneth...

Professor Elizabeth Warren of Harvard Law School, details information on how poverty edges its way upward from the underclass citizens to middle class Americans...According to the latest revelations, 20 percent of Americans are unemployed, underemployed or just out of work,...

A stand-alone bill may now be in the offing.

Sheila Bair , chairwoman of the Federal Deposit Insurance Corp., told House committee members she disagreed with key points of a Treasury reform initiative. Hours after Treasury Secretary Timothy Geithner testified before the House Financial Services Committee, Bair said the...

This copy is for your personal, non-commercial use only...The European Union's push into a regulatory overhaul is going too quickly and the current deadline of Dec...In a report, the committee said the government should veto the plan if crucial changes...

A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group Inc. The group, led by Rep. Elijah Cummings, D-Md., wants...

After coming closer to annihilation than either of its U.S. rivals earlier this year, Chrysler laid out its recovery plan Wednesday, with company officials saying they intend to repay the government bailout loans by 2014 and restore to glory this...

Most eyes will be on Bernanke, who will appear before the Senate Banking Committee on Thursday for a confirmation hearing for a second term as head of the central bank. Lawmakers across Capitol Hill have been increasingly critical of the...