Apr 20 Watch Lawmakers Dissect Lehman Brothers Collapse, Weigh New Financial Rules Former Lehman Brothers executives and financial regulators faced tough questions in a House hearing over the firm's bankruptcy at the start of the financial meltdown. Kwame Holman reports on the congressional hearings over the collapsed investment firm. Continue watching
Apr 14 Watch News Wrap: Fed Warns Congress to Rein in National Debt In other news Wednesday, Federal Reserve Chairman Ben Bernanke told Congress and the President to begin reining in the deficit and a series of powerful earthquakes killed at least 400 people in western China. Continue watching
Apr 09 Watch Investigating Fannie Mae and the Housing Bubble Former executives of mortgage giant Fannie Mae testified about their role in the collapse of the housing market and the ensuing economic crisis before the Financial Crisis Inquiry Commission. Jeffrey Brown talks to two housing experts for more. Continue watching
Apr 07 Greenspan Defends Fed's Role in Run-up to Financial Crisis Former Federal Reserve Chairman Alan Greenspan appeared before a congressional committee investigating the causes of the financial crisis on Wednesday. His message: The Federal Reserve is not to blame for the meltdown. In more than two hours of testimony,… Continue reading
Mar 17 Watch News Wrap: Jobs Bill Clears Senate With 11 GOP Votes In other news Wednesday, a jobs bill passed the Senate with some bipartisan support and a new economic report indicates that wholesale prices plunged in February because a big drop in energy prices offset higher food costs. Continue watching
Mar 16 Watch News Wrap: Fed Keeps Interest Rate Low In other news Tuesday, the Federal Reserve kept interest rates low and gave an optimistic view of the economy and Honda launched a recall on several vehicle models because of brake problems. Continue watching
Mar 16 Watch GOP: Financial Reform Bill Needs Closer Look The Senate Banking Committee is considering a new plan for regulating large banks and financial firms and the amount of risk they assume. Judy Woodruff talks to the committee's top Republican, Sen. Richard Shelby of Alabama, about why Republicans want… Continue watching
Mar 15 Watch Dodd: Banking Reforms Would Rein In Financial Risk Sen. Chris Dodd, D-Conn., chairman of the Senate Banking Committee, has unveiled a plan to regulate banks and large firms and limit the amount of risk they can assume after the financial crisis. In a newsmaker interview, Judy Woodruff talks… Continue watching
Mar 12 Reports: Yellen Chosen for No. 2 Post at Federal Reserve Ben Bernanke may soon have a new No. 2 at the Federal Reserve. President Obama is expected to nominate Janet Yellen, president of the Federal Reserve Bank of San Francisco, to serve as the central bank's vice… Continue reading
Mar 12 Watch Evaluating and Preventing a Massive Financial Crisis As part of his continuing series of reports making sense of business and the economy, Paul Solman talks to MIT finance professor Andrew Lo about why he's asking Congress to keep investigating the financial crisis. Continue watching