The compromise emerging on winding down mortgage giants Fannie Mae and Freddie Mac is a "Goldilocks deal," Sen. Bob Corker tells CNBC.» Read More
Those trying to follow the last-minute legislative maneuvering around the massive financial services reform bill about to be voted on in the House might benefit from a scorecard. Here's the key provisions and suggested amendments.
Did accounting help cause the financial crisis? A minuet playing out now is showing that the answer is yes — but not in the way the banks want us to believe. The New York Times reports.
Runaway federal deficits have thrust a politically unsavory savior into the spotlight: a nationwide tax on goods and services. The New York Times reports.
Americans remain pessimistic about the economy and have little trust in Washington's economic leadership— despite $1.5 trillion in federal spending on stimulus and bailouts, a new CNBC "Wealth in America Report" finds.
A bankruptcy-court provision for borrowers facing foreclosure is likely to create the greatest noise and have the greatest ramifications for one of the Democrats' signature pieces of legislation this year.
As diplomats might say of a meeting between rivals that is just short of undiplomatic, President Obama and Congressional Republican leaders had a full and frank discussion at the White House on Wednesday when they met to discuss how to create more jobs. The 90-minute session, while described by both sides as cordial over all, was a bit testy at times.
The House is expected to approve a package of sweeping financial reforms on Friday, according to a Congressional source.
The head of the watchdog panel for TARP told CNBC that the bailout fund is not intended for job-creation program.
The Supreme Court has raised doubts about the validity of part of the anti-fraud law enacted in response to Enron and other corporate scandals early this decade.
Though there are a few key changes to keep in mind for your 2009 tax preparation, the estate tax and new taxes related to health care reform will definitely get your attention in 2010 and 2011.
Starting an eighth day of health care debate Monday, the top Senate Democrat said lawmakers are approaching the end game on the far-reaching legislation and fully expect to prevail. A vote on the divisive abortion issue was expected later in the day.
The Obama administration will lose $200 billion less than expected from the federal bailout program and is looking at using part of the savings to fund new job creation efforts.
Even as he trumpeted a slowdown in the nation's job losses Friday, President Barack Obama put finishing touches on a proposal he'll unveil next week to "jump-start" business hiring across America.
Nine months and 1300 pages later, the House’s legislative package of sweeping financial reforms will hit the floor next week, with a vote on the bill coming as soon as Thursday, according to a Congressional source.
President Obama's options for spurring job growth may be limited by budge deficits, but with unemployment still hovering at 10%, he is warming to calls for a jobs-boosting bill.
The U.S. Senate backed a plan Thursday to make it easier for women to get preventive health screenings such as mammograms as it cast its first votes on a sweeping healthcare overhaul.
The House has voted to permanently extend a 45 percent inheritance tax on estates larger than $3.5 million, canceling a one-year repeal of the tax set to begin next month.
Senator Bernard Sanders of Vermont said on Wednesday that he would try to block the Senate from confirming Ben S. Bernanke to a second term as chairman of the Federal Reserve, the New York Times reported.
The overhaul of the financial regulatory system in Congress is a study of contrasts between the Senate and the House of Representatives, says the New York Times.
With unemployment surging and President Obama's poll ratings sinking, there’s growing debate about what—if anything—he can do about the situation.
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