Jul 23 Watch Wide-reaching Housing Rescue Legislation Moves Forward The House approved Wednesday a hotly-debated housing rescue package aimed at helping strapped homeowners avoid foreclosures after President Bush dropped his opposition to the bill. Experts examine the measure. Continue watching
Jul 23 President Bush Drops Veto Threat for Housing Bill By PBS News Hour President Bush will sign into law a housing rescue bill hammered out in a compromise among House and Senate leaders, the White House said Wednesday. Continue reading
Jul 18 Watch Analysts Tackle Economy Woes, Obama’s Overseas Trip Analysts David Brooks and Ruth Marcus take up the U.S. economy's shaky health and Sen. Barack Obama's trip to the Middle East and Europe, which has drawn vast media coverage and was described by Sen. John McCain's camp as a… Continue watching
Jul 17 Watch Fannie Mae CEO Defends Mortgage Giant’s Stability Fannie Mae CEO Daniel Mudd reacts to questions about the stability of the mortgage-lending giant after the government took steps earlier this week to back Fannie Mae and Freddie Mac in order to maintain stability and confidence in U.S. financial… Continue watching
Jul 15 Watch Continued Economic Concerns Draw Attention on Hill Amid signs of continued economic distress, President Bush and the nation's top economic policymakers fanned out across Washington, seeking to reassure roiling markets, skittish investors, and a worried public. Ray Suarez wraps up the latest economic news. Continue watching
Jul 15 Bernanke: Economy Faces ‘Numerous Difficulties’ By Admin, PBS News Hour Amid a flurry of government-backed steps to fortify the U.S. economy, Fed chief Ben Bernanke told lawmakers Tuesday the economy continues to face "numerous difficulties" including turbulent financial markets, rising unemployment and housing troubles. Continue reading
Jul 14 Watch Treasury, Fed Propose Safety Net for Mortgage Giants Congress must soon decide on a U.S. Treasury-Federal Reserve measure to save mortgage giants Freddie Mac and Fannie Mae from further crisis. An economics editor and House Financial Committee members weigh the options. Continue watching
Jul 14 U.S. Government Takes Steps to Back Struggling Mortgage Giants By PBS News Hour The Treasury Department and Federal Reserve laid out plans Sunday to help bolster lagging confidence in mortgage-finance giants Fannie Mae and Freddie Mac. Continue reading
Jul 11 Watch Shields, Brooks Assess Struggles in the Economy, Campaign News With continued financial troubles in the headlines, the presidential hopefuls have made their plans to improve the economy central to their case to voters. Mark Shields and David Brooks discuss the Fannie Mae, Freddie Mac panic and campaign trail developments. Continue watching
Jul 11 Watch Worries of a Bailout of Mortgage Giants Hit Markets Hard The market value of mortgage giants Freddie Mac and Fannie Mae slumped again Friday, but rebounded after officials downplayed the likelihood of government action. A reporter and analysts discuss the developments. Continue watching