Tag: treasury

Last night, the Senate agreed to a proposal by Democratic Colorado Sen. Michael Bennet to reduce funds available for the Troubled Asset Relief Program...

As Colorado lawmakers wrangle over whether or not to regulate "payday loans" in the state, national mainstream banks are increasingly offering similar products-- short-term, high-interest loans secured by a pending paycheck. That's a bad thing, according to a consumer group that called on the Office of the Comptroller of the Currency to stop the practice.

Black homeowners are roughly 50 percent less likely than whites to receive help under the largest of the administration’s anti-foreclosure programs, according to a new survey of qualified families.

WASHINGTON-- Appearing before a House panel on Thursday, Treasury Secretary Tim Geithner made his best pitch for legislation granting the White House broad new powers to seize Wall Street firms when their collapse might torpedo others in the industry. It didn’t go so well.