WASHINGTON, Dec. 2 (UPI) -- The federal government's $700 billion bailout program for the U.S. financial industry lacks sufficient oversight, congressional investigators said.
WASHINGTON, Nov. 19 (UPI) -- Senate approval of a new bailout package for U.S. automakers appeared unlikely, even after Detroit's top executives personally pleaded for help, senators said.
WASHINGTON, Nov. 19 (UPI) -- A bailout of U.S. automakers would be a life support measure and would not force them to change their business model or management, a Senate Republican said.
WASHINGTON, Nov. 18 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. told members of Congress Tuesday to look beyond Wall Street to find the effects of the financial bailout.
WASHINGTON, Nov. 14 (UPI) -- A U.S. House panel kept up the congressional criticism of the Treasury Department's handling of the $700 billion financial bailout Friday.
WASHINGTON, Nov. 14 (UPI) -- The White House is waiting to learn what the U.S. Congress does on a possible bailout for automakers, a spokeswoman said Friday.
WASHINGTON, Nov. 14 (UPI) -- A bailout plan for beleaguered U.S. automakers is unlikely before the end of the year as Democratic congressional leaders say they don't have the votes.
WASHINGTON, Nov. 12 (UPI) -- U.S. President George Bush would consider more aid for automakers if Congress acts, but isn't inclined to use Wall Street bailout funds, a spokeswoman said.
WASHINGTON, Nov. 12 (UPI) -- Democratic congressional leaders threw water on the possibility of passing a second stimulus plan for the U.S. economy during the lame-duck session.
WASHINGTON, Nov. 12 (UPI) -- The bailout package is for the financial industry, not the U.S. auto industry, despite its importance to the economy, Treasury Secretary Henry Paulson said.
BERLIN, Nov. 1 (UPI) -- German Chancellor Angela Merkel said banks should take advantage of a $637 billion government bailout plan few have availed themselves of so far.
WASHINGTON, Oct. 23 (UPI) -- A report outlining $70 billion in executive bonuses potentially due Wall Street bank executives this year has one U.S. congressman fuming.
WASHINGTON, Oct. 23 (UPI) -- Federal Deposit Insurance Corp. Chairman Sheila Bair told key senators Thursday the Treasury Department should move to guarantee some homeowners' mortgages.
OSLO, Norway, Oct. 23 (UPI) -- Norwegian authorities charged the country's largest bank with insider trading based on its alleged foreknowledge of a government financial bailout plan.
WASHINGTON, Oct. 15 (UPI) -- Executives of smaller banks reacted angrily to a twist in the financial bailout package, seeing U.S. government equity purchases as punishment rather than help.
