Jan 6th, 2009 · The Democrat-controlled 111th Congress convenes Tuesday, amid increased pressure to pass an economic stimulus package that supporters say could prevent the country from sliding deeper into recession.
Jan 4th, 2009 · The governor of New Mexico and former presidential candidate has withdrawn his nomination to be President-elect Barack Obama's commerce secretary.
Dec 19th, 2008 · One of the crucial moments in the economic crisis came last month when Treasury Secretary Henry Paulson announced the government would help banks by purchasing billions of dollars of their stock. Paulson had previously opposed the idea but some people credit it with preventing financial collapse. Paulson only had authority to buy that stock because of some subtle wording that made it into the bailout bill.
Dec 17th, 2008 · The D.C. City Council has passed emergency legislation that would allow bars and restaurants to serve alcohol around the clock until 5 a.m. in the days leading up to the inauguration. The city's mayor says he'll sign the bill.
Dec 11th, 2008 · A proposed bailout of the U.S. auto industry has passed its first test in Congress. The House has approved a bill to give struggling automakers $14 billion in emergency government loans. It was a compromise worked out by Democratic leaders and the Bush White House. A much tougher test awaits in the Senate, where a Republican revolt is under way.
Dec 10th, 2008 · FOX News TV host Bill O'Reilly describes himself "as the most controversial journalist and commentator in the United States of America." In his memoir, A Bold Fresh Piece of Humanity, he explains how he got that way.
Dec 9th, 2008 · Congress and the Bush administration are still negotiating terms of a bailout bill for GM and Chrysler. Lately, the focus has been on creating a "car czar" to oversee a sweeping restructuring of the companies. Some think that won't be enough to push through the kinds of changes that are needed.
Nov 28th, 2008 · When's the last time you sent an email or paid a bill online? Now how about the last time you sent a letter? Your answer might explain why those blue mailboxes are disappearing from city streets.