bailout

House Lawmakers Divided Over Scope of Government Intervention

Congressional leaders are showing signs of fatigue and frustration over continuing negotiations. Reps. Barney Frank and Mike Pence discuss the progress towards a workable plan.

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Kwame Holman Reports on Financial Woes Preceding Debates

Lawmakers have not been able to agree on a plan with the White House, nor with each other, choosing not to enact a bill for the near future. NewsHour correspondent Kwame Holman discusses the dealings on Capitol Hill.

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Bush Struggles to Unite Rebelling House Republicans on Bailout

By Admin, PBS News Hour

As Washington struggles to reach consensus on a proposed Wall Street bailout, GOP senators have blocked a proposed Democratic plan to pump $56 billion into public works projects, help for the jobless and to help states with high Medicaid bills.

Fed Takes Over WaMu in Largest Bank Failure in American History

By PBS News Hour

As the debate over the proposed $700 billion bailout of Wall Street continues to rage in Washington, the government took over lending giant Washington Mutual Thursday night in what is by far the largest bank failure in American history.

Lawmakers Work to Hammer Out Deal on Financial Bailout

By Admin, PBS News Hour

Lawmakers reported making progress Thursday on reaching an agreement on a sweeping financial bailout plan, which has stirred days of debate over how to better safeguard taxpayers as Wall Street continues its tailspin.

What regulations do you think would possibly fix this situation?

Question/Comment: I’m concerned that your viewers are going to come away from this discussion thinking that the market is to blame. The risky investments you refer to at the root of this problem were ones that the government mandated, ones…

I’m wondering, why I should care about this credit crisis?

Question/Comment: I just listened to your explanation of the credit crisis on the NewsHour. I’m wondering why I should care. I am a renter, have no savings to speak of, no stocks and work for a small family business with…

Kindly explain just how the U.S. taxpayer will be asked to cough up nearly $ 1 trillion to pay for this bailout?

Question/Comment: Kindly explain just how the U.S. taxpayer will be asked to cough up nearly $ 1 trillion to pay for this bail out? Nobody has spelled this out in detail as far as I know. Can we expect our…

Obama Rebuffs McCain’s Call to Delay Debate Amid Crisis

Sen. John McCain called for Friday's debate to be delayed amid the financial crisis, a move quickly rebuffed by Sen. Barack Obama. Analysts Ruth Marcus and Byron York assess the developments.

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Buffett Sinks $5 Billion Into Goldman Sachs

By Admin, PBS News Hour

As debate swirled on Capitol Hill over a proposed financial rescue plan, renowned investor Warren Buffett decided late Tuesday to buy a $5 billion stake in embattled Wall Street Titan Goldman Sachs.