| Jun 4, 2014
| 8:14 PM
| Jun 11, 2014
Former Treasury Secretary Timothy Geithner is convinced he saved the country from a depression and regular Americans from ending up in shantytowns and bread lines. And he's taking another shot at convincing you too.
In his new book, "Stress Test," he...
| 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 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....
| Nov 12, 2013
| 3:40 AM
WASHINGTON -- President Obama on Tuesday will nominate the Treasury Department official in charge of the $800-billion financial bailout fund to be the next chairman of the Commodity Futures Trading Commission, which oversees the complex derivatives...
| Dec 13, 2013
| 12:09 PM
The Federal Housing Administration, fresh from a $1.7-billion bailout, now projects that it will replenish its financial reserves to required levels in 2015, two years faster than it had predicted a year ago.
The agency said its net worth remains in the...