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News & UpdatesNovember 23, 2008 Obama sends strong signals from the sidelines![]() By: Los Angeles Times With a series of forceful actions in recent days, amid an almost unprecedented set of challenges, Barack Obama has taken an unusual step for a president-elect: attempting to alter the country's perilous course even before he... November 22, 2008 Congressional Leaders Vow Support for Carmakers![]() By: The New York Times A day after declaring that American auto executives had failed miserably in making their case for federal aid, House Speaker Nancy Pelosi sought to encourage them on Friday, saying that “we don’t have any intention of seeing the... November 22, 2008 Obama picks Geithner for Treasury-NBC![]() By: Reuters President-elect Barack Obama has selected Timothy Geithner as Treasury secretary, charging the respected head of the New York Federal Reserve with pulling the United States out of an economic nosedive, NBC news reported on... November 21, 2008 Paulson defends handling of U.S. financial crisis![]() By: Reuters Treasury Secretary Henry Paulson on Thursday defended his handling of the financial crisis but refused to say whether any further help will be offered to struggling bank Citigroup.
November 21, 2008 Democrats Ask Automakers for Way ForwardBy: New York Times Democratic Congressional leaders on Thursday said that the executives of America’s foundering automakers had failed miserably in persuading Congress or the public that $25 billion in aid from the government would be well-spent... November 21, 2008 Obama may ease stand on environment, Whitman saysBy: Pittsburgh Tribune-Review The nation can expect environmental regulations to start tightening soon after President-elect Barack Obama takes office in January, former Environmental Protection Agency chief Christine Todd Whitman predicted Thursday in... November 21, 2008 Pickens says lawmakers must create energy planBy: Houston Chronicle Lawmakers must be held accountable if they don't keep their promises of easing U.S. dependence on foreign oil, billionaire oilman T. Boone Pickens said Thursday. For months he has called on the next president and Congress, in the... November 21, 2008 Bush angers environmentalists with last-minute rule changes![]() By: Los Angeles Times Many of the 'midnight regulations' open wilderness for oil and gas drilling, and loosen environmental safeguards. President Bush has pushed 53 through in three weeks, researchers say. November 20, 2008 Comptroller Dugan Says CRA Not Responsible for Subprime Lending AbusesBy: MarketWatch Comptroller of the Currency John C. Dugan said he categorically disagrees with suggestions that the Community Reinvestment Act is partly responsible for the ongoing credit crisis. November 20, 2008 White House Urges Senate Vote on Republican Auto Aid ProposalBy: Bloomberg.com The Bush administration called on Congress to break its deadlock on a plan to bail out the Big Three automakers, saying a Republican measure would pass if put to a vote. Senate Majority Leader Harry Reid has refused to set aside... |
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