| Jun 26, 2013
WASHINGTON — Nearly five years ago, the subprime meltdown triggered a huge taxpayer bailout of housing finance giants Fannie Mae and Freddie Mac.
Now a bipartisan group of senators has launched the most comprehensive effort yet to clean up the...
| Aug 6, 2013
| 7:29 PM
PHOENIX — President Obama on Tuesday got behind a bipartisan push to replace housing finance giants Fannie Mae and Freddie Mac with a new government approach to mortgage guarantees, criticizing a system that let bailed-out firms profit while...
| Aug 8, 2013
President Obama this week joined lawmakers from both parties in calling for Congress to wind down Fannie Mae and Freddie Mac, the privately owned but government-backed companies that supply most of the funding for home mortgages in this country. There...
| Aug 23, 2013
| 10:54 AM
WASHINGTON -- Sen. Mark Warner on Friday called on the Securities and Exchange Commission to conduct a "thorough investigation" of the Nasdaq Stock Market's three-hour trading outage.
Warner (D-Va.), a member of the Senate Banking Committee, said...
| Sep 8, 2013
| 4:53 PM
Sen. Elizabeth Warren (D-Mass.) urged labor leaders Sunday to prepare for an uphill battle as they seek to strengthen the labor movement, beat back "powerful interests" and enact financial reform.
Warren made a speech at the quadrennial convention...
| Sep 16, 2013
| 8:41 AM
Janet L. Yellen's got the job as next head of the Federal Reserve in the bag -- at least, that's according to Paddy Power, an online Irish bookmaker.
Lawrence H. Summers, who had been widely believed to be President Obama's first-choice pick, withdrew...
| Nov 12, 2013
| 4:25 PM
WASHINGTON -- The White House warned Congress on Tuesday that slapping new sanctions on Iran could sink international negotiations to curb Tehran’s nuclear program and send America on a “march to war.”
In the latest ratcheting up of...
| Nov 14, 2013
| 3:00 AM
WASHINGTON -- The last time Janet L. Yellen faced a Senate confirmation hearing, she shared the witness table with two other nominees for about 90 minutes, answered a handful of relatively mild questions and was on her way to an easy confirmation to be...
| Nov 13, 2013
| 11:18 AM
WASHINGTON -- The Obama administration’s dispute with Israel over Iran intensified Wednesday, even as Secretary of State John F. Kerry prepared to visit Capitol Hill to ask lawmakers to hold off on new sanctions that could disrupt pending...
| Nov 13, 2013
| 2:35 PM
WASHINGTON -- The Federal Reserve has helped the nation rebound from the Great Recession, but there still is more work to be done to reduce unemployment and get the economy back on track, Fed chair nominee Janet L. Yellen will tell senators at her...
| Nov 13, 2013
| 4:52 PM
WASHINGTON — The nomination of Janet L. Yellen to be the next Federal Reserve chair gives critics of the central bank something they rarely have: leverage to force some changes.
As the Senate Banking Committee prepares for a confirmation hearing...