Christopher Dodd - Speaker of the House Nancy Pelosi (D-CA) (2nd R), Senate Majority Leader Harry Reid (D-NV) (2nd L), Chairman of the Senate Banking, Housing and Urban Affairs Committee Sen. Christopher Dodd (D-CT) (R), and Chairman of the House Financial Services Committee Rep. Barney Frank (D-MA) speak to the press about progress on the proposed $700 billion bailout of U.S. financial markets on Capitol Hill in Washington on September 28, 2008. (UPI Photo/Alexis C. Glenn)
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Congress convenes to work on financial markets crisis on Capitol Hill in Washington
Speaker of the House Nancy Pelosi (D-CA) (2nd R), Senate Majority Leader Harry Reid (D-NV) (2nd L), Chairman of the Senate Banking, Housing and Urban Affairs Committee Sen. Christopher Dodd (D-CT) (R), and Chairman of the House Financial Services Committee Rep. Barney Frank (D-MA) speak to the press about progress on the proposed $700 billion bailout of U.S. financial markets on Capitol Hill in Washington on September 28, 2008.
WASHINGTON, Sept. 26 (UPI) -- Congress will stay in session "as long as it takes" to hammer out a bailout for U.S. financial markets, Senate Majority Leader Harry Reid, D-Nev., said Friday.
WASHINGTON, Sept. 25 (UPI) -- Congressional members responsible for crafting the $700 billion Wall Street bailout said Thursday they reached agreement on principles of the rescue.
WASHINGTON, Sept. 22 (UPI) -- Sen. Jim DeMint, R-S.C., Monday joined the list of congressional Republicans who oppose the $700 billion bailout of Wall Street investment firms.
WASHINGTON, June 24 (UPI) -- Congress' answer to the mortgage crisis passed a key U.S. Senate test vote Tuesday, as senators voted to proceed with debate on the Foreclosure Prevention Act.
WASHINGTON, June 18 (UPI) -- Two influential U.S. senators have denied knowledge they were receiving special gifts when Countrywide Financial gave them breaks on their mortgages.
WASHINGTON, May 20 (UPI) -- U.S. Senate finance committee leaders said they had reached an agreement on a bill to provide about $500 million in help for troubled U.S. mortgage holders.
WASHINGTON, April 7 (UPI) -- The debate in Washington over the mortgage crisis is shifting from assistance for financial operations to steps for helping homeowners, analysts said Monday.
WASHINGTON, April 5 (UPI) -- Senate Banking Committee Chairman Christopher Dodd has vowed to push legislation to help struggling U.S. homeowners avoid foreclosure.
WASHINGTON, March 31 (UPI) -- Alphonso Jackson, the embattled leader of the U.S. Housing and Urban Development agency, said Monday he would resign, effective April 18.