Apr 21 Watch Financial Reform Gets Bipartisan Boost in Derivatives Rule Vote Lawmakers moved closer to passing sweeping reform of the financial system as a Senate panel approved new regulations for the complex derivatives market with the backing of GOP Sen. Charles Grassley of Iowa. Jeffrey Brown talks to experts about derivatives… Continue watching
Feb 16 Watch Greece Faces Debt Deadlines as Financial Markets Watch the EU Greece has one month to take urgent measures to rein in its debt problems and less time to share information about its currency swaps, EU finance ministers said Tuesday. Jeffrey Brown talks to finance experts Scheherazad Rehman and Simon Johnson. Continue watching
Jun 17 President Obama Seeks Overhaul of Financial Market Oversight By Admin, PBS News Hour President Barack Obama proposed Wednesday sweeping changes to the way the government oversees financial institutions in an attempt to remedy the regulatory system that failed to detect the global economic crisis. Continue reading
Mar 03 Obama, Brown Praise Relations, Assess the Economic Crisis By Admin, PBS News Hour President Barack Obama and British Prime Minister Gordon Brown on Tuesday hailed the "special relationship" between their countries as the two held talks on how to solve the economic crisis reverberating around the globe. Continue reading
Nov 14 Leaders Gather to Assess Global Financial Woes By Admin, PBS News Hour Leaders and central bank officers from more than 20 developed and emerging economies will gather this weekend in Washington to strategize on fixing major financial markets and assess the state of the global economic crisis. Continue reading
Nov 12 Paulson Says Bailout Funds May Not Be Used to Buy Troubled Assets By PBS News Hour Treasury Secretary Henry Paulson announced a major shift in the government's bailout program Wednesday, saying the $700 billion rescue package will not be used to purchase troubled assets as originally planned. Continue reading
Oct 14 U.S. Treasury to Inject $250 Billion into Banks By Admin, PBS News Hour In a new effort to shore up confidence in the economy and inject life into frozen credit markets, the U.S. Treasury will inject $250 billion into several large banks. Continue reading
Sep 19 Fed, Congress, President Review Plans to Aid Flailing Financial Markets By PBS News Hour President Bush and Treasury Secretary Henry Paulson pushed Congress Friday to cooperate with a plan to rescue the country's markets by authorizing the government to purchase failing mortgages at highly discounted rates. Continue reading
Apr 03 Watch Bernanke Says Bear Stearns Rescue Was ‘Necessary’ Federal Reserve Chairman Ben Bernanke defended the agency's rescue of Bear Stearns in a Senate hearing Thursday, saying the move was necessary to prevent further impact on the general economy. Financial experts weigh the Fed's response to recent economic turmoil. Continue watching
Oct 15 Watch Fox Business Network Enters Cable News Race The Fox Business Network launched Monday, a new cable channel that will focus on financial markets and global economy news. A business journalism expert examines the prospects for the new network and how it will stack up to rival CNBC. Continue watching