Testifying before lawmakers Thursday, Ben Bernanke reiterated a call for the Fed to be given supervisory powers over institutions that pose a systemic risk to the financial system, and proposed that a council of regulators help monitor risk.
The cost of employer-sponsored health care insurance has risen by about 5 percent this year, according to a new report, outstripping overall inflation and workers' wages.
By Lea Winerman
President Barack Obama sought to call Congress and the American public to action Wednesday night, in a prime-time speech aimed at resetting the terms of the debate over health care reform.
Following is the text of President Barack Obama's speech to a joint session of Congress Wednesday, as prepared for delivery, released by the White House and distributed to news organizations.
By Talea Miller
President Barack Obama will call Congress to a "season for action" on health care Wednesday night, urging lawmakers to set aside partisan gamesmanship in favor of drafting reform legislation, according to excerpts released by the White House.
By Quinn Bowman
President Barack Obama plans to address a joint session of Congress Wednesday to outline his goals for health insurance reform and reshape a debate that has mostly been in the hands of legislators.
Sen. Edward M. Kennedy, known as the "liberal lion of the Senate," and the last surviving brother of a fabled political dynasty, died late Tuesday at his home in Cape Cod after a year-long struggle with a malignant brain tumor.
The Senate remained in session this week, but as House members headed home to their districts the focus of health care reform efforts moved off Capitol Hill.
By Dave Gustafson
The government's "cash for clunkers" program helped prop up sagging auto sales in July, but the popular program is almost out of cash and the Senate is considering a $2 billion infusion by the end of the week.
Paul Solman: Tonight on the NewsHour, we’re airing a piece exploring the suspicions some people have about the Federal Reserve and the the Fed’s efforts to be more transparent. Amid all the talk of auditing the Fed or having…
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