House committee gets update on housing foreclosures in Washington
Federal Deposit Insurance Corporation (FDIC) Chairwoman Sheila Bair testifies before the House Financial Services Committee about housing foreclosures on Capitol Hill in Washington, on September 17, 2008. (UPI Photo/Roger L. Wollenberg)
UPI Related News
WASHINGTON, Oct. 29 (UPI) -- Sheila Bair, chairwoman of the Federal Deposit Insurance Corp., told House committee members she disagreed with key points of a Treasury reform initiative.
Markets looked positive in Asia and mixed in Europe Monday following a week of strong numbers in U.S. markets after a three-weeks stall.
The end of the third quarter Wednesday found U.S. markets at heights few expected six months ago when stock values were hitting recessionary lows.
WASHINGTON, Aug. 26 (UPI) -- Private equity firms seeking to buy failed banks will need to partner with existing banks to avoid tough requirements, U.S. regulators decided Wednesday.
U.S. Treasury Secretary Timothy Geithner said the strategy for pushing for regulatory reform now includes the task of keeping his own troops in line.
Former U.S. President Bill Clinton traveled to North Korea to discuss release of two American journalists being held by Pyongyang.
WASHINGTON, July 24 (UPI) -- Treasury Secretary Timothy Geithner took the debate on how to overhaul U.S. financial regulation to Capitol Hill as he testified Friday before a House panel.
WASHINGTON, May 27 (UPI) -- The Federal Deposit Insurance Corp.'s list of banks in trouble grew from 252 to 305 in the first quarter, the federal regulator said Wednesday.
WASHINGTON, May 23 (UPI) -- The U.S. Federal Deposit Insurance Corp. says it will charge banks more to insure investors' deposits as bank failures drain FDIC insurance funds.
WASHINGTON, May 15 (UPI) -- Sheila Bair, head of the Federal Deposit Insurance Corp., said chief executives at some U.S. banks that received bailouts will be sacked in the coming months.
