Nov 21 Watch Michigan Autoworkers Face Uncertain Future Prospects for extending a federal rescue package to Detroit's Big Three automakers remain unclear after a congressional effort stalled until December. Paul Solman speaks with autoworkers about how the crisis is affecting them. Continue watching
Nov 21 Watch Jittery Markets, Weak Data Cap Grim Week on Wall Street After a week of stock market dives and gloomy economic data, U.S. markets rebounded Friday, apparently on news reports that President-elect Barack Obama may choose Timothy Geithner as Treasury chief. Continue watching
Nov 20 If There Isn't a Bailout of the Big Three Auto Firms, What is the Overall Effect on the Government and on Our Economy? Question/Comment: If there isn’t a bailout of the Big Three auto firms, what is the overall effect on the government and on our economy? Paul Solman: Well, in a time of fearsome recession or worse, the loss of another quarter-million… Continue reading
Nov 19 Watch GM CEO Defends Auto Industry's Bid for Government Aid Auto industry executives testified before Congress Wednesday, asking lawmakers to provide aid to the struggling companies and responding to criticisms of poor management. General Motors' CEO Rick Wagoner discusses the industry's crisis and his company's case for government help. Continue watching
Nov 18 Watch New Democratic Majority in Congress Leans Bipartisan Although the Senate is poised to have at least a 57-seat Democratic majority, the new Congress has begun to reach across party lines. Analysts mull the pros and cons of the Party's majority, its implications for President-elect Barack Obama and… Continue watching
Nov 18 Senate Democrats Allow Lieberman to Remain Committee Chair By PBS News Hour Senate Democrats decided Tuesday to allow Connecticut Sen. Joe Lieberman, a former Democrat turned independent, to keep his post as a committee chair despite having supported Republican John McCain's failed run for the White House. Continue reading
Nov 14 Watch Changes to Bailout Package, Obama Transition Top Week's News Syndicated columnist Mark Shields and New York Times columnist David Brooks assess the latest changes to the implementation of the $700 billion federal rescue plan, the Obama administration's ongoing transition process and other news of the week. Continue watching
Nov 14 Watch FDIC Meets Resistance to Homeowner Aid Proposal To prevent 1.5 million U.S. homes from facing foreclosure, the Federal Deposit Insurance Corp. made a proposal Friday for lenders, backed by the government, to modify struggling borrowers' loans. A New York Times reporter discusses the agency's plan plus resistance… Continue watching
Nov 14 Watch Treasury Draws Criticism from Leaders on Capitol Hill During Friday's Congressional hearing about changes to the focus of the $700 billion federal bailout, lawmakers in both parties criticized the latest modifications by Treasury. Judy Woodruff wraps up the latest. Continue watching
Nov 12 Democrats Press for Billions in Aid to Auto Industry By PBS News Hour Democrats continued to push for aid for struggling U.S. automakers, calling for Congress to act during its lame-duck session next week to give the industry a much-needed financial boost as it confronts weak sales and plummeting stock prices. Continue reading