The U.S. Treasury announced Tuesday that 10 large banks would be permitted to start repaying approximately $68.3 billion in total bailout funds they received from the government in the past nine months.
Senators voted overwhelmingly Tuesday to stop credit card companies from arbitrarily raising cardholder interest rates and charging unexpected fees that have become customary -- and crippling - for cash-strapped consumers during this recession.
Ailing financial giants Fannie Mae and American International Group will need additional government help, despite rescue measures extended by the federal recovery package. Two financial experts examine the prudence of the bailouts and their shortcomings.