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Geithner Defends Cost of TARP, Credits Program for Stabilizing Economy
Treasury Department Secretary Timothy Geithner defended the effectiveness of the $700 billion financial rescue program known as TARP, as it prepares to wind down this fall. Judy Woodruff reports on Tuesday's hearings on the financial rescue package.
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TARP Watchdog: Foreclosure Program ‘Too Small, Too Slow’
Judy Woodruff talks with Elizabeth Warren, chair of the Congressional Oversight Panel about the effectiveness of the TARP bank bailout and a program aimed at helping homeowners steer clear of foreclosures.
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News Wrap: 2 Americans Killed in Ongoing Violence in Afghanistan
In other news Wednesday, the monthly U.S. death toll reached 30 Wednesday in Afghanistan when two Americans died in a roadside bombing. Also, the military in Kyrgyzstan tried to regain control of the southern city of Osh after days of…
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Should Consumers Move Their Money From Megabanks to Smaller Banks?
In the latest in a series of reports making sense of the economy, Paul Solman explores the differences for consumers between small community banks and the "too-big-to-fail" financial giants.
As part of his continuing series of reports examining bank reform and the future of Wall Street, Paul Solman sits down with bank consultant and former FDIC chair William Isaac for a critical look at the Troubled Asset Relief Program.
President Obama is looking to cut the nation's unemployment rate by offering more aid for small business, but a plan to borrow from TARP has some lawmakers balking.
Under fire from lawmakers Wednesday, Treasury Secretary Timothy Geithner defended the bailout of insurance giant AIG as "in the best interests of the American people."…
President Obama prepared to announce a proposal to freeze all non-defense spending over the next three years. Judy Woodruff speaks with the top Democrat and Republican from the Senate Budget Committee for more.
David Wessel of the Wall Street Journal explains how the Massachusetts election affected Fed Chief Ben Bernanke's chances at a second term.
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