• Health Co-op Offers Model for Overhaul Tuesday, 7 Jul 2009 | 10:40 AM ET
    Doctor Writing

    After a month of brainstorming, the Senate Finance Committee seems poised to propose private-sector insurance cooperatives — instead of a new government health plan — as its primary mechanism for stoking competition and slowing the growth of medical costs.

  • Well, of one thing I am certain—fiscal drag will offset monetary stimulus, and the result will be a torpid economy—with high unemployment and anemic growth. Hopefully, the Senate will be able to muscle enough change in the pending legislation to marginalize the economic drain, but I am not optimistic about that.

  • California Budget Crisis: When Is a Tax Not a Tax? Tuesday, 30 Jun 2009 | 5:23 PM ET
    Golden Gate Bridge

    The California legislature continues to deadlock over a solution to the state's budget crisis. Now Democrats are trying a unique, and potentially illegal, maneuver to break the stalemate.

  • Is Google Hurting Book Publishers? Tuesday, 30 Jun 2009 | 2:43 PM ET
    Kindle 2

    The idea to scan books and make them available online is intriguing, and it seems could ultimately help a struggling industry. But the question remains whether it's dangerous to put one company in control of so much information.

  • Tony Fratto: Barney Frank Spots a Pot o' Gold Tuesday, 30 Jun 2009 | 11:14 AM ET
    Barney Frank

    With fiscal deficits now spinning out of control, Congress should keep its promise to taxpayers and use bank dividend payments to offset existing spending programs, not use it for even more new spending.

  • Farrell: Congress Is In Recess - Thank Goodness Monday, 29 Jun 2009 | 9:36 AM ET
    Vince Farrell

    Before adjourning the House passed the "Cap and Trade" bill which probably has no chance of getting through the Senate in its current form. But it has enough inanities in it to make you glad they left town for a while.

  • Obama and Congress Clash on How to Pay for Health Care Friday, 26 Jun 2009 | 10:48 AM ET
    President Barack Obama

    It has become the trillion-dollar question: can President Obama find that much in spending cuts and tax increases to keep his campaign promise to overhaul the health care system, without adding to already huge deficits? Mr. Obama and the Democrats running Congress are deeply split over the possibilities.

  • Fed Chairman Ben Bernanke tells Congress he didn't pressure BofA into acquiring Merrill Lynch in a deal that cost taxpayers $20 billion.

  • Republicans to Paint Bernanke as Ally of Big Government Thursday, 25 Jun 2009 | 5:25 AM ET
    Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, Feb. 14, 2007, before the Senate Banking Committee hearing on monetary policy. (AP Photo/Dennis Cook)

    In a peculiar role reversal, Republican lawmakers are mounting a ferocious attack on the Republican chairman of the Federal Reserve, while Democrats are coming to his defense.

  • Details of Countrywide 'VIP Program' Could Be Revealed Wednesday, 24 Jun 2009 | 3:40 AM ET

    Bank of America is ready to disclose details of Countrywide's former VIP program of preferential mortgages if a law enforcement body, Congress or other government bodies, issues a subpoena, documents obtained by CNBC show.

  • Wall Street Pulls Back — How Deep Will Losses Go? Monday, 22 Jun 2009 | 8:26 PM ET
    A New York Stock Exchange trader.

    Wall Street is getting some of the pull back it's been looking for, and the question now is how deep will it bite into the market's recent gains.

  • Dunkelberg: Reform Favoring Big Banks 'Wrong-Headed' Monday, 22 Jun 2009 | 12:56 PM ET

    The latest and greatest proposed reform of the financial system seems to set incentives in the wrong direction, writes William Dunkelberg, Economics Professor at Temple University.

  • Farrell: The President's Plate Overfloweth! Monday, 22 Jun 2009 | 11:58 AM ET
    Financial Crisis

    The bright idea of turning to Washington for help is going to be a big problem for President Obama. If the car companies can get bailed out how do you tell California to drop dead when the state has 56 electoral college votes as my partner Greg Valliere has often stated.

  • Fed Meeting, Treasury Auction Will Dominate Market Sunday, 21 Jun 2009 | 10:20 AM ET
    Wall Street Traders

    The Fed meeting and a record $104 billion of Treasury auctions are the big hurdles for the market this week. Plus, weekend news that Apple chief Steve Jobs had a liver transplant will put techs in focus.

  • Federal Reserve Bank Chairman Ben Bernanke

    Both parties not only question the Fed’s performance but worry that the financial reforms will make the central bank even more politicized.

  • Democrats Scramble to Cut Costs From Health Plan Friday, 19 Jun 2009 | 12:10 PM ET
    Stethescope and money

    The high cost of securing health insurance for all Americans, the top domestic priority of President Obama, has Congressional Democrats scrambling to scale back their proposals or find ways to trim tens of billions of dollars a year from existing health programs.

  • Market Insider: Friday Look Ahead Thursday, 18 Jun 2009 | 10:48 PM ET

    Traders are already looking ahead to next week's Fed meeting as the next potential catalyst for stocks.

  • Sallie Mae to Service $550 Billion in Student Loans Thursday, 18 Jun 2009 | 3:29 PM ET

    The Department of Education has selected student lender Sallie Mae and three other companies to service the $550 billion in outstanding federal student loans and future loans owned by the government.

  • Investors Face Big Challenges In Slow-Growth US Economy Thursday, 18 Jun 2009 | 10:50 AM ET

    The economy will recover this year but at a slow enough place to cause challenges for investors, a panel of financial experts told CNBC.

  • Overhaul Leaves Rating Agencies Largely Untouched Thursday, 18 Jun 2009 | 9:49 AM ET

    In the overhaul of financial regulation proposed by the Obama administration on Wednesday, rating services will avoid the radical changes their detractors have urged.

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