WASHINGTON, May 15 (UPI) -- The U.S. Treasury said it would offer $22 billion in loans to insurance companies that qualified for federal assistance.
WASHINGTON, March 18 (UPI) -- A U.S. House finance committee is calling on two key federal officials to learn more how the money bailing out financial institutions is being used.
WASHINGTON, Jan. 12 (UPI) -- U.S. Rep. Barney Frank, House Financial Services Committee chairman, wants companies that get federal bailout funds to get rid of their corporate jets.
WASHINGTON, Nov. 21 (UPI) -- Insurance companies buying banks to qualify for a share of the $700 billion U.S. bailout program have no guarantee the strategy will work, the Treasury said.
WASHINGTON, Oct. 30 (UPI) -- A large share of the U.S. federal bailout funds allocated to banks will end up in the hands of the banks' shareholders, much to Sen. Charles Schumer's dismay.
WASHINGTON, Oct. 29 (UPI) -- Expanding the recipients of U.S. financial bailout funds to include regional banks, automakers and others could produce a chaotic feeding frenzy, critics say.
WASHINGTON, Oct. 24 (UPI) -- The U.S. Treasury, pushing to show progress in the federal bailout plan, is poised to announce a round of investments in regional banks, sources said.
NEW YORK, Oct. 17 (UPI) -- Bailout money meant to provide movement in the U.S. financial system may end up sitting still for a while, various bankers said.
WASHINGTON, Sept. 25 (UPI) -- Lobbyists for the U.S. financial services industry are in a "feeding frenzy," pleading the industry's case for a $700 billion bailout, observers said.
WASHINGTON, Sept. 24 (UPI) -- U.S. President George W. Bush said the nation's economy would suffer catastrophic effects if Congress fails to pass a bailout of the financial industry.