Jun 09 Watch Amid Rush to Repay Rescue Funds, Banks Face New Scrutiny Big U.S. banks passed key government "stress tests" and are now working to repay federal rescue funds. Does that mean they're out of the woods and the government rescue plan worked? Financial experts offer insight. Continue watching
Jun 09 Which Banks Are Repaying TARP Funds? By PBS News Hour The U.S. Treasury announced Tuesday that 10 large banks would be permitted to start repaying approximately $68.3 billion in total bailout funds they received from the government in the past nine months. Continue reading
May 13 Watch Other News: Treasury Calls for System to Track Financial Instruments In other news, the Treasury Department called for a central electronic system to track risky financial instruments, including credit default swaps, and the Commerce Department reported retail sales fell for the second month in a row. Continue watching
May 07 Watch ‘Stress Tests’ Put Credibility of Banks, Regulators Back in Spotlight On the day the government released better-than-expected stress test results for 19 major banks, a panel of economic analysts explain how the numbers were calculated and gauge the report's impact on the nation's financial health. Continue watching
May 07 Watch Government ‘Stress Tests’ Find Big Banks Need $75 Billion The U.S. Treasury released stress tests of 19 major banks, finding that they collectively need another $75 billion by November. A financial reporter explains the results. Continue watching
Apr 21 Watch TARP Report Warns of Taxpayer Risk in Bank Rescue Plan The Special Inspector General for TARP said Tuesday that the Treasury Department should do more to safeguard taxpayer dollars in the banking rescue plan. Kwame Holman reports. Continue watching
Mar 26 Watch Geithner Details Plan for Major Federal Financial Regulation Reforms Telling lawmakers that the U.S. financial system has grown "too unstable and fragile," Treasury Secretary Timothy Geithner rolled out the Obama administration's plans Thursday for a massive overhaul of the government's financial oversight role. Continue watching
Mar 23 Watch Toxic Asset Plan May Woo Investors, but Long-term Impact Is Unclear While markets rose Monday on details of the toxic asset plan, critics voiced concern over taxpayer risk and the need for a long-term fix to financial sector troubles. New York Times columnist Paul Krugman and Donald Marron of Lightyear Capital… Continue watching
Mar 16 Obama Cites ‘Outrage’ Over AIG Bonuses By PBS News Hour President Barack Obama said Monday that he intends to stop American International Group from paying out millions in executive bonuses, as concern intensified over the insurance giant's handling of federal rescue money. Continue reading
Mar 09 Watch Obama Team Slow to Fill Vacancies in Treasury, Other Agencies A large number of sub-Cabinet positions across the federal government have yet to be filled, as the Obama administration carefully vets candidates for the Treasury Department and other agencies. A public service professor and New York Times reporter give an… Continue watching