Dec 04 Watch Treasury Considers New Plan to Push Mortgage Rates Lower, Boost Home Sales In an effort to boost the economy, Treasury Department officials are considering a plan to push mortgage rates lower. Reporters and analysts weigh the pros and cons of such a move. Continue watching
Nov 25 Fed Commits $800 Billion to Unfreeze Credit Markets, Boost Consumer Spending By PBS News Hour The Federal Reserve announced two new programs Tuesday aimed at unfreezing credit for homebuyers, small businesses and consumers. Continue reading
Nov 24 Citigroup Offered Another Government Safety Net By PBS News Hour The U.S. government has again bailed out Citigroup, unveiling a bold plan Sunday night to inject $20 billion in fresh capital into the troubled financial giant and shoulder most of the potential losses on $306 billion of high-risk assets. Continue reading
Nov 14 Watch FDIC Meets Resistance to Homeowner Aid Proposal To prevent 1.5 million U.S. homes from facing foreclosure, the Federal Deposit Insurance Corp. made a proposal Friday for lenders, backed by the government, to modify struggling borrowers' loans. A New York Times reporter discusses the agency's plan plus resistance… Continue watching
Nov 14 Watch Treasury Draws Criticism from Leaders on Capitol Hill During Friday's Congressional hearing about changes to the focus of the $700 billion federal bailout, lawmakers in both parties criticized the latest modifications by Treasury. Judy Woodruff wraps up the latest. Continue watching
Nov 14 FDIC: Plan Could Avert 1.5 Million Foreclosures By Admin, PBS News Hour About 1.5 million American households could stave off foreclosures under a revised loan-guarantee program unveiled Friday, the Federal Deposit Insurance Corp. said. 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 27 Watch New Measures May Help Homeowners Facing Foreclosure As the economic crisis continues to reverberate around the nation, troubles in the housing sector remain key to the upheaval -- and many homeowners are facing foreclosure in the interim. Economics experts debate various measures being considered to help homeowners… Continue watching
Oct 07 Fed Aims to Unfreeze Credit Markets With Plan to Buy Short-Term Debt By PBS News Hour The Federal Reserve announced a plan Tuesday to buy short-term debt directly from businesses, in an effort to stimulate paralyzed credit markets and get cash to companies that need it. Continue reading
Oct 01 Watch Modified Wall Street Rescue Plan Awaits Senate Vote As the Senate votes on a modified version of the $700 billion bailout package that the House rejected, political and economic experts assess the measure's likely path and how it will affect financial markets abroad. Continue watching