1.
Mother said Josh Powell threatened her
WASHINGTON, Dec. 10 (UPI) -- The Obama administration plans to provide major incentives for banks to make loans to small businesses as a way of creating jobs, sources said.
One proposal would create a new unit from the Troubled Asset Relief Program, the sources told The Washington Post. Banks would be able to get government aid without the kind of restrictions accompanying TARP bailouts but would have to use it to make loans to small businesses.
The administration is also considering asking Congress to make changes in TARP, including ending limits on pay increases for executives.
Unemployment rose while many of the banks helped by the federal bailout reported high profits, the Post noted.
Treasury Secretary Timothy Geithner, testifying before a Congressional panel Thursday, said TARP would be used to help small businesses and community banks and to assist homeowners at risk of foreclosure.
|
|
|
|
|
|
| Additional U.S. News Stories | |
WASHINGTON, Feb. 10 (UPI) --
A woman who says she had an affair with President John F. Kennedy wrote that she didn't feel at the time she was "invading the Kennedys' marriage."
|
LOS ANGELES, Feb. 10 (UPI) --
Pop icon Madonna says she "wasn't happy" after rapper M.I.A. flipped her middle finger at a camera during their Super Bowl halftime show.
|
WASHINGTON, Feb. 10 (UPI) --
The Nuclear Regulatory Commission approved the construction of two new nuclear reactors, the first to be built in the United States since 1978.
|
BIRMINGHAM, England, Feb. 10 (UPI) --
A British company said it is opening salons across England dedicated to the tattooing the scalps of bald men to make it look like they have short hair.
|
| Stories | Photos | People | Comments |
View Caption
