Apr 22 Watch News Wrap: Regular Air Traffic Resumes in Europe In other news Thursday, airlines resumed regular flight levels after severe delays caused by the volcanic eruption in Iceland and an offshore oil platform sank into the Gulf of Mexico following a fire, raising fears of an oil spill. Continue watching
Apr 22 Watch Obama Asks Wall Street for Reform Support as Senate Battle Looms President Obama admonished Wall Street for fighting financial reforms as the Senate prepares to consider new regulations for the country's financial system. Judy Woodruff reports on reactions in the financial community. Continue watching
Apr 21 When Homeowners Facing Foreclosure Want to Pay to Stay Editor’s note: Paul has been reporting recently on the foreclosure crisis in Florida, and particularly on homeowners walking away from their underwater mortgages. In some cases, soon-to-be-foreclosed-on homeowners who want to stay in their homes are prepared to… Continue reading
Apr 21 New $100 Bill Gets a Facelift By Tom LeGro In the appropriately named Cash Room of the Department of the Treasury, Treasurer of the United States Rosie Rios, along with Fed Chairman Ben Bernanke and Secretary of the Treasury Timothy Geithner, unveiled a new design of the $100 bill… Continue reading
Apr 21 Wednesday: Obama to Discuss Supreme Court Pick; GM to Pay Off Loans A day after President Barack Obama took time out to wish retiring Supreme Court Justice John Paul Stevens a very happy 90th birthday, he will resume the search for Stevens' successor Wednesday when he invites senators from both… Continue reading
Apr 21 Watch Hope Seen for U.S. Automakers as GM Repays Part of Bailout As General Motors begins paying back its loan from the U.S. government, Margaret Warner talks to a reporter with the Detroit News about the auto giant's prospects for recovery after last year's government bailout. Continue watching
Apr 21 Watch Financial Reform Gets Bipartisan Boost in Derivatives Rule Vote Lawmakers moved closer to passing sweeping reform of the financial system as a Senate panel approved new regulations for the complex derivatives market with the backing of GOP Sen. Charles Grassley of Iowa. Jeffrey Brown talks to experts about derivatives… Continue watching
Apr 20 Government Should Set Limits on Salt in Food, Report Says Americans consume unhealthy amounts of salt, and in order to help them cut back the government needs to begin regulating sodium levels in processed food, according to a new report by the National Academies of Science's… Continue reading
Apr 20 Congress Grills Regulators, Executives at Lehman Brothers Hearing Federal regulators and former executives from Lehman Brothers faced renewed criticism from lawmakers in the House on Tuesday during a hearing examining the policy implications of the investment bank's collapse in September 2008. Some of the toughest criticism… Continue reading
Apr 20 Politico Reporter: Lawmakers Leery of Financial Reform's Potential Pitfalls By Hari Sreenivasan Politico reporter Eamon Javers, who "covers the intersection of Wall Street and Washington," stopped by The Rundown Tuesday afternoon to talk about financial reform legislation advancing through Congress. President Barack Obama is headed to New York City on Thursday… Continue reading