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
Donald Trump has ordered the US government to consolidate its wildland firefighting force into a single...
Protests against the Trump administration’s newly intensified immigration raids, centered on Los Angeles, spread across the...
Brad Bondi, the brother of Attorney General Pam Bondi, overwhelmingly lost his bid to lead the...
