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
Oct 03 Watch After Week of Debate, House Passes Bailout Plan Members of the House approved a modified federal rescue plan Friday, moved by the Senate's support and mounting concerns over the stability of the U.S. financial sector. Kwame Holman reports on the bill's passage. Continue watching
Oct 03 House Passes $700 Billion Financial Bailout Bill By Admin, PBS News Hour The House of Representatives passed hotly-debated legislation Friday to bail out the troubled financial industry by a 263-171 vote, agreeing to the Senate bill that passed on Tuesday and sending it to the White House for President Bush's signature. Continue reading
Oct 02 House Leaders Count Votes, Target GOP Holdouts in Attempt to Pass Rescue Package By Admin, PBS News Hour The Treasury Department's plan to buy bad mortgage-related securities returns to the House Friday, as lawmakers lobby their own party members and hope tax cuts and financial rule changes will convince holdout Republicans to vote yes. Continue reading
Oct 01 Senate Approves Massive Financial Rescue Plan; House May Vote Friday By Admin, PBS News Hour With bipartisan support, the Senate easily approved a massive federal rescue plan aimed at stabilizing the economy and freeing up the crippled credit market Wednesday night. The vote was 74-25. Continue reading
Sep 29 Watch Rescue Bill Failure Shocks Wall Street The House defeated a $700 billion rescue package Monday, causing serious turmoil on Wall Street. A panel of reporters discuss the implications of the rescue rejection. Continue watching
Sep 29 Watch House Defeats Wall Street Rescue Plan A controversial $700 billion Wall Street rescue bill backed by Congressional leaders and the Bush administration failed to pass in the House of Representatives Monday. Kwame Holman reports on the dramatic day on Capitol Hill. Continue watching
Sep 18 Watch Government Reshapes Role in Financial Sector With Bailouts The financial crisis gripping Wall Street this week has led to an unprecedented level of government intervention. Policy experts examine the government's role in the crisis. Continue watching
Sep 18 Watch Central Banks Add Liquidity to Wobbly Markets President Bush addressed recent shifts in the financial sector, central banks flooded currency markets with cash in an attempt to spur banks to begin lending again and the presidential candidates offered fresh reactions to the crisis. Kwame Holman and Judy… Continue watching
Aug 27 Watch Hillary Clinton Nominates Obama on New York’s Behalf With backers of Hillary Clinton still voicing their support for her presidential bid on the convention floor, the New York senator appeared during the roll call to move that Barack Obama become the Democratic nominee by acclamation. Analysts Mark Shields… Continue watching