The President is nominating top Treasury Department official Timothy Massad as head of CFTC, the agency that regulates the futures and options market.» Read More
Warren Buffett, Berkshire Hathaway chairman and CEO, and former Treasury Secretary Hank Paulson discuss the events that led up the government's TARP program during the financial crisis of 2008.
It's going to take really strong leadership, says former Treasury Secretary Hank Paulson, discussing how both parties can come together and reach a compromise on the budget. At the end of the day, the debt ceiling has got to be increased, Paulson added.
Sometimes it takes a crisis to get something very unpopular done, says former Treasury Secretary Hank Paulson, discussing how "one element" of the Republican Party has "hijacked" the debate on significant economic problems. Also, Paulson weighs in on the job Jack Lew is doing and explains why there has to be "structural changes" in the way people get their information.
The TARP financial industry bailout was one of the "worst decisions in the history of the United States," former Wells Fargo boss Richard Kovacevich told CNBC.
Policies designed to prevent the next financial crisis should give regulators the latitude to "use their noodle," AIG CEO Robert Benmosche told CNBC.
Daniel Lacalle, senior portfolio manager at Ecofin, tells CNBC that at some point Europe will have to find a TARP-style solution, as six years after the crisis bank assets are still more than three times Europe GDP.
CNBC's Rick Santelli weighs in on increasing the marginal income tax rates.
A fundamental clash of philosophies ran throughout the response to the financial crisis, Sheila Bair, former head of the Federal Deposit Insurance Corp., told CNBC’s "Power Lunch" on Tuesday.
Neil Barofsky, the former TARP watchdog says we cannot manage the big banks. We have to kill them.
A move by M&T Bank last week could serve as the model for Synovus Financial to delay repaying bailout money and avoid a dilutive offering of common shares.
Almost four years after the government spent $161 billion dollars to rescue AIG, and management has spent countless hours restructuring it, a report by the Special Inspector General for the Troubled Asset Relief Program, or SIGTARP, concludes the insurance giant is still too big and complicated to regulate.
CNBC's Andrew Ross Sorkin explains why the bailout in Spain won't solve its problems.
CNBC's Rick Santelli and Steve Liesman discuss whether today's existing home sales data can help the retail sector and if TARP was a good investment. Wilbur Ross, WL Ross chairman/CEO also weighs in.
Volkswagen and PSA Peugeot Citroën are looking at tapping a European Central Bank loan program designed to aid euro zone banks in a move that could help ease funding costs for the region’s carmakers, the Financial Times reports.
European policymakers are taking a page from their American counterparts in dealing with their sovereign debt crisis, a development that vulture investor Wilbur Ross considers positive.
Only the European Central Bank "has the balance sheet big enough to deal with this crisis" in Europe, Neel Kashkari, Pimco's head of equities, told CNBC Monday.
The debate over the bailout of the US banking system has recently taken a weird turn.
Bond investors appear to have come in off the ledge as it relates to the European debt crisis.
Scott Nations, chief investment officer at NationsShares and Pat Dorsey, vice chairman, director of research & strategy at The Sanibel Captiva Trust Company, talk about measures to rectify European debt crisis.
European officials are working on a detailed plan aimed at shoring up European bank stability, according to an official who spoke with CNBC’s Steve Liesman.