Don’t miss Trey Mancini and Joey Rickard guest bartend at the first Brews & O’s event June 10th. Get your tickets today!

Jim Marshall

Bush signs financial rescue bill

WASHINGTON - The House of Representatives approved the $700 billion Wall Street bailout yesterday, setting in motion the biggest government intervention in the financial system since the Great Depression as lawmakers anxiously awaited the economic and political impact.

President Bush quickly signed the bill, and Treasury Department officials vowed to move swiftly to use sweeping new powers to try to stabilize markets and ease deepening fears about the economy.

The vote took place amid fears that the financial turmoil was paralyzing sources of credit vital to businesses, governments and consumers. Underscoring that concern, California Gov. Arnold Schwarzenegger warned this week...