Dec 5th, 2008 · The Detroit auto companies made another pitch to the Senate Banking Committee for massive loans to keep operating. They were more contrite than last month and offered a lot more details. But it is still unclear whether they will get the $34 billion they say they need to keep going. The auto executives will appear before the House Financial Services Committee Friday.
Nov 21st, 2008 · Christopher Dodd, chairman of the Senate Banking Committee, says he's frustrated with how banks are using funds provided by the government. He also thinks the Treasury Department has been too slow in addressing the mortgage crisis. Dodd tells Steve Inskeep that Congress may have to reconsider some parts of the rescue plan it approved.
Nov 19th, 2008 · Executives from Detroit's Big Three automakers are back on Capitol Hill — appearing before a House committee Wednesday. They pleaded with the Senate Banking Committee Tuesday for a $25 billion lifeline. They warned of a national economic catastrophe should they collapse, resulting in millions of layoffs. Dustin Dwyer reports for Michigan Radio.
Nov 18th, 2008 · The chief executives of GM, Ford and Chrysler go before the Senate Banking Committee Tuesday — ahead of this week's vote on a Democratic plan to provide their companies $25 billion in loans. Will Congress act in time before one of the Big Three has to declare bankruptcy?
Sep 25th, 2008 · Sen. Christopher Dodd, the chairman of the Senate Banking Committee, says Democrats and Republicans in Congress have reached "fundamental agreement" on a proposed $700 billion rescue plan for Wall Street. He predicted a bill would be approved in the next few days.
Sep 24th, 2008 · Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke testified before the Senate Banking Committee Tuesday about the $700 billion rescue plan for the financial sector. They stressed that it was urgent that lawmakers pass the bill this week. Many committee members were not swayed.
Sep 24th, 2008 · Members of the Senate Banking Committee heard Tuesday from Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke. Senator Richard Shelby of Alabama is the ranking Republican on the committee. He discusses the Wall Street rescue plan with Steve Inskeep.
Sep 23rd, 2008 · Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson have urged lawmakers to swiftly pass a $700 billion bailout. They told the Senate Banking Committee that inaction on the plan posed the risk of a recession.