• Landmark Overhauls May Not Help Democrats at Polls Monday, 24 May 2010 | 9:39 AM ET
    President Barack Obama

    Anxious and angry, Americans are not in a congratulatory mood. That's bad news for President Barack Obama and his Democratic allies.

  • Traders Anxious Over Euro and Financial Reform Friday, 21 May 2010 | 1:11 PM ET

    Dread of potential new financial regulations and late-week risk-trimming raised the anxiety among U.S. traders on Friday, said Wall Street traders and analysts.

  • BP Cheered in California, While Gulf Oil Spill Spreads Thursday, 20 May 2010 | 7:31 PM ET
    Sea Otters presented by BP

    On the same day the Gulf of Mexico oil slick contined to spread—while lawmakers were feeding the public live video of the catastrophe—the oil giant BP responsible for one of the country’s worst environmental disasters was lauded as a hero.

  • The Senate Thursday voted in favor of ending debate on a sweeping packaging of financial reforms, clearing the way for a final vote on whether to approve the legislation as early as Friday.

  • Sources say there are the 60 votes necessary to end debate on a sweeping packaging of reforms, setting up a final vote on whether to approve the legislation in the days ahead.

  • Reid Hopes to Wrap Up Bank Reform Debate Thursday Wednesday, 19 May 2010 | 6:12 PM ET

    U.S. Senate Democratic Leader Harry Reid said he hopes to hold another vote on Thursday on wrapping up debate on a Wall Street reform bill.

  • Coming This Fall: A New Tea-Party Senate Nucleus Wednesday, 19 May 2010 | 4:25 PM ET
    Rand Paul

    After last night’s primary elections, a pipedream came to me: A new tea-party center is forming in the Republican Senate caucus

  • Final Senate Vote On Financial Reform Likely Thursday Wednesday, 19 May 2010 | 2:12 PM ET

    Senate Democrats are close to holding a final vote on a major financial reform bill but disagreement over a few controversial measures threatens to drag the process into next week.

  • Europe 'Has the Capacity' to Manage Debt Crisis: Geithner Wednesday, 19 May 2010 | 10:22 AM ET
    Timothy Geithner

    Europe can survive the current economic crisis if its leaders make good on commitments to turn their economies around, Treasury Secretary Geithner told CNBC Wednesday.

  • Stall in Applications for Federal Mortgage Program Tuesday, 18 May 2010 | 11:39 AM ET

    A major effort by the Obama administration to keep homeowners out of foreclosure may be reaching its limits long before the crisis abates. The New York Times explains.

  • Bobbing as the Taxman Weaves Tuesday, 18 May 2010 | 10:31 AM ET
    Sheet of US one hundred dollar bills

    To the long list of new financial regulations that were once considered improbable but now seem possible, add this one: a tax rule that would treat the investment gains of partners in hedge funds and private equity firms as ordinary income rather than as capital gains.

  • Meredith Whitney

    Investors should "avoid financials at all costs, particularly in the banking sector" because the financial reform bill will restrict credit and hurt  earnings, Meredith Whitney told CNBC.

  • Tony Fratto: Going to Bat for the VAT Monday, 17 May 2010 | 11:56 AM ET

    The VAT has been attacked by both the Left and the Right, and I’m sure I’ll hear howls of protest from both sides, but the time for a VAT in the U.S. is coming.

  • Financial Reform Bill: What's In, Out and Next? Friday, 14 May 2010 | 3:56 PM ET

    The Senate has approved major items such as too-big-to-fail authority, Federal Reserve audits and larger capital requirements for banks, but major battles still loom.

  • Breakdown City Friday, 14 May 2010 | 3:42 PM ET

    the economy is in the throes of a V-shaped recovery. I've been saying that for months now. But is this recovery a temporary false dawn, or can we be confident it has legs? Will Washington's deficit-spending and debt-monetization policies be reversed, or is the soaring gold price a true negative signal for the future?

  • Senate Amends Financial Overhaul Bill Friday, 14 May 2010 | 1:41 PM ET
    Senator Al Franken (D-MN)

    In the latest sign of the zeal in Congress to get tough on Wall Street, the Senate approved two initiatives on Thursday aimed at addressing the role that major credit rating agencies played in the 2008 financial collapse, including a proposal to end the reliance on companies like Moody’s Investors Service and Standard & Poor’s.

  • EU Bailout Package Just a 'Fig Leaf': Rogoff Friday, 14 May 2010 | 8:13 AM ET

    The European Cental Bank's bailout package is just a $1 trillion fig leaf covering the problem and a better move would have been to arrange for Greece and Portugal to leave the European Union.

  • Banks In Peril from EU Debt Shell Game: Economist Friday, 14 May 2010 | 6:16 AM ET

    Any assumption that the financial crisis is behind us is way off the mark, as the European Union is just shifting debt obligatoins between the public and private sector and not dealing with the undelying problem.

  • Ratings Agencies Probed by NY Attorney General Thursday, 13 May 2010 | 4:39 PM ET

    The three biggest credit agencies are now on the hook—along with eight Wall Street banks—in a probe involving whether they misled investors in toxic, mortgage-backed securities, CNBC has learned.

  • With Obama, Regulations Are Back in Fashion Thursday, 13 May 2010 | 11:01 AM ET
    President Barack Obama

    Over the last year, the Obama administration has pressed forward on hundreds of new mandates, while also stepping up enforcement of rules by increasing the ranks of inspectors and imposing higher fines for violations. The New York Times explains.