| Jun 4, 2014
| 8:14 PM
| May 8, 2014
| 6:02 AM
Mortgage finance giants Fannie Mae and Freddie Mac will pay the federal government $10.2 billion more in dividends for their 2008 rescue after both firms reported first-quarter profits Thursday.
With the payments, the companies will have sent $213.1...
| May 7, 2014
| 5:53 PM
In 2008, when Treasury Secretary Henry M. Paulson needed someone to run the controversial bailout of the nation's banks, he turned to a trusted and unflappable aide who had followed him from Goldman Sachs to Washington — Neel Kashkari.
| May 12, 2014
| 7:21 AM
As Timothy F. Geithner began making the publicity rounds on Monday to push his newly released memoir, the former Treasury secretary defended his decision to join a top private-equity firm after leaving office last year.
Critics have charged that...
| May 13, 2014
| 7:40 AM
The regulator for Fannie Mae and Freddie Mac said Tuesday he would not force the mortgage finance giants to reduce the limits on loans they guarantee, because of concern about the slowing housing market.
Mel Watt, who took over as director of the...
| Feb 1, 2014
| 5:14 PM
New Jersey Governor Chris Christie was greeted with audible boos and a few loud cheers during a Super Bowl-related appearance in New York City on Saturday, a day after a former appointee said the popular Republican knew about politically motivated lane...
| Feb 19, 2014
| 5:40 PM
SACRAMENTO — Gov. Jerry Brown and legislative leaders unveiled a proposed $687.4-million drought-relief package Wednesday to free up water supplies and aid Californians facing financial ruin because of the state's prolonged dry spell.
| Feb 28, 2014
| 10:21 PM
A Republican who wants to be California's governor is staking his bid on having run the $700-billion federal bank bailout — even as GOP candidates across the nation distance themselves from the highly unpopular program.
As he courts voters, former...
| Mar 3, 2014
| 7:16 PM
WASHINGTON — Russia's military action in Crimea has strengthened support for economic aid to beleaguered Ukraine, yet the multibillion-dollar package under discussion in world capitals still must navigate a treacherous course.
| Mar 18, 2014
| 10:30 AM
It's often assumed that people are paid what they're worth. According to this logic, minimum wage workers aren't worth more than the $7.25 an hour they now receive. If they were worth more, they'd earn more. Any attempt to force employers to pay them more...
| Dec 10, 2013
| 4:20 PM
WASHINGTON -- The Senate voted 57-41 on Tuesday to confirm Rep. Mel Watt to head the agency overseeing Fannie Mae and Freddie Mac, ending a long battle by President Obama to install a regulator open to more aggressive action to help struggling homeowners....
| Aug 19, 2013
| 8:53 AM
WASHINGTON -- Resurgent bailout recipients Fannie Mae and Freddie Mac have been avoiding billions of dollars in potential long-term losses by delaying the use of new accounting measures that would require them to write off more delinquent mortgages, a...