News Source: Reuters
| 4 days ago
Treasury Secretary Timothy Geithner on Thursday defended the costly bailout of insurer AIG and urged swift regulatory reform to safeguard the economy from the failure of big financial firms. Before Congress' Joint Economic Committee, Geithner faced
News Source: Virginian-Pilot Online
| 4 days ago
Taking aim at Wall Street and the nation's central bank, a key House committee voted Thursday to assess upfront fees on large financial firms to pay for the failure of their peers and to require a sweeping congressional audit of the secretive Federal
News Source: Washington Post
| 4 days ago
Dodd (D-Conn.), chairman of the Senate Banking Committee, chose the marbled Caucus Room -- site of past hearings on Watergate, Pearl Harbor and the Wall Street abuses during the Great Depression -- to open debate on a 1,136-page draft bill he