A video of Independent Vermont Senator Bernie Sanders is making the rounds this week. In the clearest language to come out of Washington on the topic, Sanders powerfully states what he sees as at stake in the battle over extending…
Editor’s note: Realaspen.com late Monday posted an update to its original story, saying Paulson’s daughter, Amanda, contacted the website to deny her father purchased the home.
Henry “Hank” Paulson, the U.S. Treasury secretary who fiddled while Wall Street burned in…
The economy added 431,000 jobs last month, dropping the national unemployment rate from 9.9 percent to 9.7 percent, the Department of Labor Statistics announced this morning.
But Republicans, who a month ago were saying that they’d recognize progress…
WASHINGTON– On Tuesday, the Senate voted in a landslide to approve the Audit the Fed amendment to Sen. Chris Dodd’s (D-Conn.) financial regulatory reform proposal. Sen. Bernie Sanders (I-Vt.), the author of the amendment, has directed the Government Accountability Office to publish a report on the Federal Reserve’s books by Dec. 1, 2010, reviewing in a way that “does not interfere with monetary policy” but does let the American people know the names of the recipients of the more than $2 trillion in taxpayer assistance doled out by the nation’s central banking system.
Last night, the Senate agreed to a proposal by Democratic Colorado Sen. Michael Bennet to reduce funds available for the Troubled Asset Relief Program or TARP, trimming it back substantially from $700 billion to $550 billion. Bennet’s amendment to…
U.S. Senate candidate Jane Norton spoke for about a minute with ABC News Top Line Tuesday about Wall Street financial regulatory legislation, which Republicans had lined up to oppose. She said roughly four sentences on the legislation, depending on…
ABC News Top Line interviewed Colorado Republican U.S. Senate candidate Jane Norton on the coming push to pass stricter regulations designed to prevent the kinds of Wall Street abuses that led to the financial global crisis and recession. …
At the end of last week, the Obama administration reportedly told Senate Democrats to drop the $50 billion liquidation fund — often referred to as a “bailout fund” — from the financial regulation bill as a concession to Republicans.…
WASHINGTON– One year after the Obama administration launched its $75 billion anti-foreclosure program, the housing market remains volatile, loan modifications have been scant, foreclosures are still sky-high — and more and more lawmakers are wondering why the White House hasn’t been more aggressive in tackling the crisis.
WASHINGTON– The White House wants it. Senate leaders support it. The House has already passed it. And, in the wake of the worst financial upheaval since the Great Depression, many consumer groups and state regulators say it’s vital if the country is to avoid another economic collapse. Yet the proposal to create a new consumer financial protection agency is, for all practical purposes, dead on arrival in the Senate. Just call it the public option of the finance reform debate.
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