Politics

Karzai: Additional U.S. Troops ‘Seven Years Too Late’

In an interview with Margaret Warner, Afghan President Hamid Karzai welcomed additional U.S. troops, but said they were "seven years too late." He also endorsed reaching out to members of the Taliban who embraced the Afghan constitution.

Continue watching

Q&A: The Path of Stimulus Funds to Local Projects

By Admin, PBS News Hour

Grover "Russ" Whitehurst is a Brookings Institute Senior Fellow and a former official with the U.S. Department of Education. In this Q&A, he explains how the stimulus funds will make their way to local projects, particularly for school programs.

Concerns Emerge on Prevention of Stimulus Fraud

By Admin, PBS News Hour

Hoping to cement a strategy that protects the $787 billion stimulus bill from waste and fraud, state and federal officials testified before the Committee on Oversight and Government Reform Thursday about how to track and prevent wasteful spending.

Is the Federal Reserve Public or Private?

By Business Desk

Question: Is the Federal Reserve “federal” as the name implies, or is it as “federal as Federal Express,” meaning a private, for-profit corporation? I’ve heard it both ways and would like the answer clarified by a hard-hitting reporter whose willing…

Obama Holds Town Hall in Costa Mesa, Calif.

By Admin, PBS News Hour

President Barack Obama held a town hall meeting in Costa Mesa, Calif., Wednesday, where he spoke about the AIG controversy, his plan for the budget and economic recovery plans.

AIG Chairman Liddy Heads to Capitol Hill

By Admin, PBS News Hour

The head of American International Group appeared on Capitol Hill Wednesday amid a furor over bonus pay at the company and told lawmakers that he's called on employees to return a portion the controversial payments.

Madoff’s Accountant Arrested on Fraud Charges

By Admin, PBS News Hour

The longtime accountant for jailed swindler Bernard Madoff was arrested Wednesday and charged with fraud dating back 17 years for failing to conduct audits in what was may be the biggest investment fraud on Wall Street.

Government Furor Continues Over AIG Bonuses

By PBS News Hour

As the furor continues over millions of dollars in employee bonuses at the failed insurance giant AIG, lawmakers and administration officials in Washington are weighing their options to either block the payments or penalize the company.

How Do We Get Banks Lending Again?

Question: Given our collective financial plight and our need for credit to survive, how do we get banks to be banks again (read: lend)? Can it be legislated – and if not, how can we surmount our impasse? Paul Solman:…

Obama Cites ‘Outrage’ Over AIG Bonuses

By PBS News Hour

President Barack Obama said Monday that he intends to stop American International Group from paying out millions in executive bonuses, as concern intensified over the insurance giant's handling of federal rescue money.