The Bush administration sought unchecked power from Congress to buy $700 billion in bad mortgage investments from financial companies in what would be an unprecedented government intrusion into the markets.
Through his plan, Treasury Secretary Henry Paulson aims to avert a credit freeze that would bring the financial system and the world's largest economy to a standstill. The bill would prevent courts from reviewing actions taken under its authority.
Treasury Seeks Asset-Buying Power Unchecked by Courts
New York City officials have selected Brooklyn-based company it’s electric to expand the city's curbside electric...
A teenager who went to sea in a fishing boat with two adult relatives was found...
Police in Jackson, Mississippi, have arrested a man in the death of Tasia Fortune, a 29-year-old...
Twenty-five years after 9/11, Greg Semendinger's aerial photos still transport him back to that fateful day.
Semendinger,...
