WASHINGTON -- Jack Lew, President Barack Obama's nominee for Treasury Secretary, maneuvered around questions during a Wednesday confirmation hearing a...
Top executives at three major companies that received taxpayer-financed bailouts received excessively generous pay packages last year, in an apparent ...
It's clear thatĀ Warren is ready to make some big changes in Washington. So what exactly is on her mind? These six things are likely to be on her agenda -- and they're likely to affect your wallet.
NEW YORK -- On Wednesday, the Treasury Department celebrated the fact that its $250 billion investment in the nation's banking system has officially m...
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.
TARP played a significant role preventing the mini-depression from becoming a full-blown Great Depression, but part of the cost is to distort further incentives at the heart of Wall Street.
Last week, the Federal Reserve was forced by law to release the details of its back-door bailout of the global financial system. These later purchases represent the real risk for taxpayers in the Fed's continuing bailout activities
The deficit hawks are circling, hovering over QE2, calling it just another inflationary bank bailout. But unlike QE1, QE2 is not about saving the ban...
The latest report from the agency shows that more than 120 institutions - nearly all of them small banks - have missed their scheduled quarterly divid...
The housing crisis is just one piece of the big, ugly mess of the consumer credit debacle. It seems to me that our president must call for immediate reform and take action through executive order.
With the latest lawsuit, taxpayers might again ask why the Federal Reserve was so eager to bail out all of AIG's deals linked to problematic CDOs at 100 cents on the dollar. The largest beneficiary of that largess was Goldman Sachs.
The more traditional wing of the Republican Party has for generations conducted a program that they casually and regularly accuse liberals of conducting: Class warfare. In fact it is they who conduct class warfare.
WASHINGTON -- A plan by Treasury Secretary Timothy Geithner to limit lobbyists' influence over the $700 billion bailout program has yet to get off the...
The timing couldn't be better. With the Obama administration readying new compensation guidelines for certain financial companies, Forbes reported Tue...
WASHINGTON - The Treasury Department has approved 10 of the nation's largest banks to repay $68 billion in government bailout money.
The department o...
German American Bancorp Inc. said this week it would turn down $25 million in taxpayer capital from the Treasury Department and raise funds through a ...
A conservative legal group is suing the Treasury Department and the Federal Reserve to reveal exactly how the first $350 billion of the financial serv...
It could be that our institutions are so corrupt, our political discourse so banal and polluted, that they are incapable of lifting us up from our national malaise.
The U.S. Treasury's financial-rescue plan remains an incomplete operation, plagued by backlogs and a lack of clear mission, a government watchdog said...