Watch
Obama Taps Chief of Staff Jack Lew for Treasury Secretary
Obama Taps Chief of Staff Jack Lew to Be Next Treasury Secretary…
Paulson Rebuts Congress’ Rebuke on Bank Merger
Lawmakers grilled former Treasury Secretary Henry Paulson Thursday over the government's role in Bank of America's merger with Merrill Lynch, saying authorities withheld information about losses and intimidated bank executives into sealing the deal.
Geithner Signals Confidence in Banks’ Reserves, Bailout Plans
Treasury Secretary Timothy Geithner faced new questions on the Obama administration's bank rescue on Capitol Hill Tuesday as the International Monetary Fund predicted U.S. financial institutions could lose $2.7 trillion from the global credit crisis.
Geithner Details Plan for Major Regulation Reform
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.
Federal regulators said Monday they are prepared to launch a revamped program to bolster troubled U.S. banks, including the option of increasing government ownership in financial institutions.
While introducing his team of economic advisors Monday, President-elect Barack Obama urged the incoming Congress to pass an economic stimulus plan "right away" to address the nation's ongoing economic crisis.
Question/Comment: Can you address the consequences of selecting a Treasury Secretary? What are the salient policy and personality differences between the different candidates? Are there other notable candidates not on the short list that should be? Paul Solman: By candidates…
With the U.S. economy likely in recession and the country embroiled in two wars, President-elect Barack Obama and his staff have been quickly transitioning from campaign mode to preparing to govern with little time to celebrate his landmark victory.
President Bush called for about $145 billion worth of tax relief for individuals and businesses Friday to give the U.S. economy a "shot in the arm" and hopefully avert a recession.
