GO
Loading...

Read the Treasury's Public-Private Investment Plan

The Treasury Department unveiled the details of its public-private investment program Monday, as part of its financial stability plan, which it says will help lay the foundations for economic recovery.

The program is expected to generate $500 billion in purchasing power, which will be used to buy "legacy assets", but the final cost could be as high as $1 trillion.

Click here to read the full document >>>

Banks

  • Frank Keating, American Bankers Association CEO, discusses why it is extremely important for banks to be safe from cyberattacks.

  • In a series of coordinated attacks, at least 5 financial institutions including JPMorgan have been hacked. CNBC's Eamon Javers has the details.

  • Former FBI assistant director Chris Swecker, discusses the recent hack attack on U.S. banks and what will be done with the information. Swecker says U.S. banks are far and away the favorite targets of Russian hackers.