| Dec 9, 2013
| 8:29 PM
WASHINGTON — The federal government closed the books on the taxpayer bailout of General Motors Co., selling the remaining shares in the nation's largest automaker and taking an expected $10.5-billion loss.
The Treasury Department said Monday...
| Dec 9, 2013
| 6:12 PM
WASHINGTON — The Obama administration will launch a lobbying push Tuesday to stop Congress from approving harsh new penalties for Iran, a move the White House warns could sink international negotiations aimed at curbing Tehran's nuclear program.
| Jan 16, 2014
| 9:48 AM
The wind-down of the bailout continues.
The Obama administration has decided to sell about $3 billion of the government’s common stock holdings in Ally Financial Inc., a former General Motors Corp. lending arm propped up with taxpayer assistance...
| Jan 15, 2014
| 11:52 AM
President Obama intends to nominate Maria Contreras-Sweet, the founder of a Latino-owned community bank in Los Angeles and a former state Cabinet secretary, to head the Small Business Administration. Contreras-Sweet, who is highly regarded in the L.A....
| Jan 10, 2014
| 5:43 PM
WASHINGTON — President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two others for seats on the central bank's Board of Governors, the White House said.
| Jan 10, 2014
| 8:35 AM
WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
| Jan 5, 2014
| 7:28 PM
WASHINGTON — Congress comes back to session this week with leaders of both parties planning a war of words in 2014 — dueling agendas that promise little substantive legislation but lots of messages aimed at establishing clear contrasts for...
| Dec 25, 2013
| 2:30 AM
Wrapping up the year in one column is tough, but let's give it a try. Although the financial industry likes to think that the center of the universe is located somewhere between lower Manhattan and the hedge fund enclave of Greenwich, CT, most of 2013 was...
| Dec 24, 2013
| 12:35 PM
After almost 30 years in Washington, Bart Chilton will soon be taking his leave. For the past 61/2 years, he has been an outspoken member of the Commodity Futures Trading Commission, one of the financial industry's most important regulators.
| Dec 20, 2013
| 3:46 PM
TEHRAN – Iranian lawmakers Friday threatened retaliation for a Senate bill that proposes tough new sanctions on Iran if the Islamic Republic fails to cooperate in upcoming negotiations aimed at curbing its nuclear program.
Mehdi Moussavinejad, a...
| Dec 15, 2013
| 11:30 AM
WASHINGTON -- Secretary of State John F. Kerry said Sunday that the U.S. is looking for “proof of life” regarding a former FBI agent who went missing in Iran nearly seven years ago during a visit that, according to several news organizations,...
| Dec 13, 2013
| 2:39 PM
WASHINGTON – Despite intense lobbying, advocates of imposing new sanctions on Iran failed to advance key legislation in Congress this week, a sign that the Obama administration may have more support for its pleas of restraint than it appears....