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Elise Foley

Chamber Urges Congress To Raise Debt Ceiling Now, Cut Spending Later | Elise Foley | Posted 07.13.2011 | Politics

WASHINGTON -- The Chamber of Commerce sent a letter to Congress on Friday urging legislators to quickly raise the debt ceiling, while also warning of ...

It's Time to Audit the Fed

Rick Sanchez | Posted 07.06.2011 | Business
Rick Sanchez

For an entity that wields so much power, we know relatively little about the Fed. Would you trust an unknown banker to decide what happens with your paycheck every week? Why do we accept this for our country?

Elise Foley

Republicans Downplay Urgency Of Raising Debt Ceiling | Elise Foley | Posted 06.24.2011 | Politics

WASHINGTON -- Failing to raise the nation's debt ceiling would be less damaging than allowing the deficit to continue to swell, Sen. Tom Coburn (R-Okl...

Geithner, Japan Confident Debt Ceiling Issue Will Be Resolved

The Huffington Post | William Alden | Posted 06.19.2011 | Business

With a fight looming over raising the U.S. federal debt limit, some top officials have begun to reassure the public that the country will avoid a defa...

Geithner: Congress Will Increase Debt Limit

Reuters | Posted 06.13.2011 | Business

April 13, 2011 10:55:23 PM WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said Wednesday that Congress will allow the country to bo...

Banks Still Acting Badly

Pat Choate | Posted 06.13.2011 | Business
Pat Choate

The big banks are still mugging America. They do so because they can, and they can because they pour tens of millions of dollars into our Presidentia...

Elise Foley

White House, Dems Tell GOP Not To Play Politics With Debt Ceiling | Elise Foley | Posted 06.11.2011 | Politics

WASHINGTON -- The White House and Congressional Democrats are urging House Republicans to support a "clean" bill to raise the nation's debt ceiling ra...

Treasury claims profit over banks bailout - I beg to differ

Asher Edelman | Posted 05.31.2011 | Business
Asher Edelman

I read with interest this morning that the administration has declared a profit on its "successful" bailout of the financial institutions. The idea th...

Why Helping Only 'Main Street' Won't Fix The Economy

Greg Becker | Posted 05.26.2011 | Business
Greg Becker

All small businesses are not the same. Until this is registered and embraced by our legislators, this country will not succeed in its efforts to promote economic growth through innovation or unleash our full capacity to compete globally.

Nate C. Hindman

Timothy Geithner: Small Firms 'Waiting Longer Than Ever To Go Public' | Nate C. Hindman | Posted 01.25.2013 | Business

WASHINGTON, D.C. -- The U.S. Treasury assembled investors, bankers and entrepreneurs Tuesday for talks on how to provide small companies in high-growt...

America Is Not Broke

Michael Moore | Posted 05.25.2011 | Politics
Michael Moore

Contrary to what those in power would like you to believe so that you'll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot.

Dangerous Games

Daniel M. Cofall | Posted 05.25.2011 | Business
Daniel M. Cofall

How many of you have concluded that this Egypt conflict will be good for equities as even more of the world opens up to free trade? I have heard this discussion over and over, but it's just not true.

Geithner: GOP Spending Cuts Could Cost Jobs

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

Treasury secretary Timothy Geithner isn't happy with the latest round of Republican budget cut proposals. Geithner, speaking at a press conference ...

Zach Carter

Fed Official Calls For Major Foreclosure Reforms | Zach Carter | Posted 05.25.2011 | Politics

WASHINGTON -- A top federal regulator told bankers on Friday that a major investigation into Wall Street's foreclosure system has revealed a "broken" ...

Broadcasting RIP: Let's End the Spectrum Giveaway

John M. Eger | Posted 05.25.2011 | Technology
John M. Eger

As the long battle over frequency spectrum or airwaves escalates, consumer demand for more wireless services will compel the FCC to stop the free give-away of spectrum to broadcasters. It's sad in a way.

Geithner Gets 'Existential' On Financial Reform

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

What a difference a year makes. Treasury Secretary Timothy Geithner, according to Noam Scheiber in New Republic, has completed his journey from "the...

Zach Carter

Liberal Think Tank Parrots Bank Lobby | Zach Carter | Posted 05.25.2011 | Business

The following is produced in partnership with The Dylan Ratigan Show's weeklong "No Way To Live" series on the financial crisis and its impact on ordi...

Zach Carter

Banks' Share Of Low-Income Tax Refunds Will Fall This Year, Consumer Advocates Say | Zach Carter | Posted 05.25.2011 | Politics

WASHINGTON -- Friday is the Treasury Department's Earned Income Tax Credit Appreciation Day, a celebration of what is arguably the U.S. government's l...

U.S. Point Man On Sanctions Leaving At Critical Time

Posted 05.25.2011 | Business

The point man for the Obama administration's financial wars on Iran, North Korea and al Qaeda, Stuart Levey, has decided to leave his senior U.S. Trea...

Gretchen Morgenson: Banks Bad Mortgage Paperwork Isn't Blowing Away

The New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

KUDOS to the Congressional Oversight Panel for publishing a thoughtful and thorough report last week on the mortgage documentation mess. It argued tha...

Finally A Line Obama Won't Cross On WikiLeaks

Robert Weller | Posted 05.25.2011 | Media
Robert Weller

Today we found out there is a line the Obama administration will not cross. In a somewhat curious move, the Treasury Department declined a right-wing congressman's request to blacklist WikiLeaks.

On the Debt Ceiling, Silence is Golden: Let Wall Street Battle the Tea Party

Paul Abrams | Posted 05.25.2011 | Politics
Paul Abrams

The Senate should pass a typical debt ceiling increase quickly and send it to the House. Then, sit back and let Wall Street lobbyists do battle with the Tea Party nutjobs they elected to Congress.

Government Liabilities Rose $2 Trillion In 2010

Posted 05.25.2011 | Business

The U.S. government fell deeper into the red in fiscal 2010 with net liabilities swelling more than $2 trillion as commitments on government debt an...

A Friendly Reminder From Wall Street: Shut Up or Go Broke

Phil Trupp | Posted 05.25.2011 | Business
Phil Trupp

Do you believe Wall Street is too elite to use the tactics of common thugs? Well, think again.

Obama To Tap Elizabeth Warren For Treasury-Consumer Financial Protection Agency Post

ABC News | Posted 05.25.2011 | Politics

President Obama will announce this week that Elizabeth Warren, the Harvard Law School professor who first proposed the Consumer Financial Protection B...