Joe Barton

Bit by bit, lawmaker by lawmaker, proponents of the financial rescue plan that was rejected by the House just days ago are turning the tide. They're using goodies, phone calls, old-fashioned arm twisting. They bring a keen knowledge of what needs to be...

The historic effort to rescue the U.S. financial system was thrown into doubt yesterday after the House rejected a $700 billion emergency plan, sending stocks to their deepest one-day point loss ever. Stunned leaders of both parties and the White House...

WASHINGTON (AP) _ Key supporters of a Wall Street bailout package prodded lawmakers to approve the plan hours ahead of a difficult House vote on Monday, with President Bush saying it is needed to "keep the crisis in our financial system from spreading...

Congressional leaders and the White House agreed Sunday to a $700 billion rescue of the ailing financial industry after lawmakers insisted on sharing spending controls with the Bush administration. The biggest U.S. bailout in history won the tentative...

Democrats won a key concession from the White House on the financial bailout plan Wednesday and sought to drastically slash the $700 billion size of the rescue. President Bush readied a prime-time speech in a push to persuade resistant lawmakers to back...

Executives whose companies get a piece of the $700 billion U.S. government bailout will have their pay packages strictly limited under proposals that are broadly supported by both Republicans and Democrats in Congress. The Bush administration was...

Senators dug in their heels, pushing back against dire warnings from the government's top economic officials of recession, layoffs and lost homes if Congress does not approve quickly the Bush administration's emergency $700 billion financial bailout plan....

The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned. Two law enforcement officials said Tuesday night that the FBI is...

The Bush administration sent some of its most powerful figures to Capitol Hill Tuesday to rally support for a $700 billion plan to revive the U.S. financial system, but they encountered stiff resistance from lawmakers who are deeply skeptical of the...

WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke bluntly warned reluctant lawmakers Tuesday they risk a recession with higher unemployment and increased home foreclosures if they fail to pass the Bush administration's $700 billion plan to bail out...

The Environmental Protection Agency yesterday denied a request from Texas Gov. Rick Perry to cut the federal ethanol mandate in half for a year. Perry spokeswoman Allison Castle said EPA Administrator Stephen Johnson spoke to Perry about his waiver...

WASHINGTON—Alarmed by a year of recalls targeting millions of tainted toys, the House voted overwhelming Wednesday to toughen rules for testing children's products and take steps to give more muscle to the Consumer Product Safety Commission, which...