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Banking Committee Chair Dodd Considers Bill to Help Homeowners...
The Senate Banking Committee, chaired by Christopher Dodd, is preparing a financial regulatory reform legislation to be released by April 2009, the deadline requested by President Barack Obama. " Already, Dodd plans to schedule hearings for several months where he expects to...Bailout speculation burnout hits the markets
Will they, or won’t they, bailout the big banks? That is the question on Capital Hill these days, and the anticipation and speculation is setting the markets on edge. Up one day, down the next, the...
Quick action needed to avoid "Great Depression 2.0"
With each passing day the economic crisis in the United States grows more complicated, the bailout plan gets more expensive, and fears that the U.S. may be facing a Great Depression 2.0 start to build. The... Senate Banking Committee Approves Foreclosure Bill
The new Foreclosure Aid bill made some headway in the Senate yesterday, as the Senate Banking Committee voted 19-2 in favor of the bill, the last hurdle now only being the general vote by the Senate. Many expect...
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