The U.S. Treasury Department has spent months blocking Legal Aid funding for borrowers fighting Foreclosure, but is giving a late push to Legislation that would expand its authority to help Homeowners. In a bruising appearance before the Congres…
Read more >>Christmas began early on August 27 for equity lovers, when Santa Ben unveiled his plans for QE2 in Jackson Hole, Wyoming. The Standard and Poor's 500 index has gained a splendid 17% since then according to my Forbes mate Steve Schaefer in his "E…
Read more >>Rep. Spencer Bachus, R-Ala., and Sen. Richard Shelby, R-Ala. Rarely do you see a politician quite this honest: Last Wednesday, just hours after securing the position of chairman of the House Financial Services Committee, Spencer Bachus, R-Ala., to…
Read more >>WASHINGTON – President Barack Obama's plan to cut Payroll taxes for a year would provide big savings for many workers, but makes Social Security advocates nervous that it could jeopardize the Retirement program's finances. The plan is part…
Read more >>Treasury Secretary Timothy Geithner has been released from the Hospital after undergoing treatment for a kidney stone. The Treasury Department said in a statement Saturday that Geithner had successfully completed the treatment without incident and…
Read more >>By Corbett B. Daly WASHINGTON (Reuters) - The United States recorded a larger-than-expected $150 billion Budget gap last month, the largest shortfall for any November, Treasury Department data showed on Friday. Economists polled by Reuters had... …
Read more >>Glenn Thrush explores the recent strategic differences and the broader differences between Obama and the man now driving the Senate's message:
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WASHINGTON (AP) — The government’s heavily criticized $700 billion financial rescue program has earned nearly $35 billion in income over the past two years, according to data obtained by The Associated Press. The data showed that incom…
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