Treasury Secretary Timothy Geithner on Sunday expressed confidence that lawmakers will bridge partisan differences on the overhaul of financial regulations and pass a bill that protects taxpayers from financing future bailouts.
Treasury Secretary Timothy Geithner said on Sunday he was confident there was enough political unity on Capitol Hill for the Senate to forge a strong financial regulatory bill despite differences over some parts of it.
Treasury Secretary Timothy Geithner said on Sunday he was confident there was enough political unity on Capitol Hill for the Senate to forge a strong financial regulatory bill despite differences over some parts of it.
President Barack Obama said on Friday he would veto a planned financial regulation law that did not bring the derivatives market under control -- hours after influential bank Goldman Sachs was charged with fraud.
The Obama administration's pay czar issued rulings on Friday for a second tier of top earners at bailed-out companies and said far fewer were getting big cash salaries this year than last.
The Obama administration's pay czar issued rulings on Friday for a second tier of top earners at bailed-out companies and said far fewer were getting big cash salaries this year than last.
To get financial reform legislation through the U.S. Senate Democrats need to peel away just one Republican to support their sweeping bill.
(Corrects to show Senator Gregg is retiring.)
More U.S. graduates are likely to work with aid groups and charities after an overhaul of the country's student loan program lessens their debt repayment burden, former U.S. President Bill Clinton said.
NEW YORK (Reuters Life!) - After idling for decades, train travel in the United States, while not quite out of the station, is beginning to work up a healthy head of steam.
(Reuters) - President Barack Obama issued a memo on Thursday that would require hospitals accepting Medicare or Medicaid funds to allow visitation rights to gay and lesbian partners.
Kyrgyzstan's mass anti-government protests last week were essentially the culmination of more than a decade of disillusionment and dissatisfaction that accumulated in the nation's political, economic and social spheres from the period of Akayev to his successor Kurmanbek Bakiyev, with virtually every Kyrgyz concerned about rising prices and falling standards of living, both issues of little concern and dimly understood in Washington.
When Michelle Obama wore a J. Crew outfit on the Tonight Show during the presidential campaign, online sales for the clothing retailer went through the roof.
Private equity firm Quadrangle Group is to spend the coming months laying the groundwork for raising a new fund, now that a long-running pay-to-play probe has been settled, a source familiar with the situation said on Thursday.
Private equity firm Quadrangle Group LLC settled its part of a long-running pay-to-pay probe involving the state's $129.4 billion pension fund, but the accord excludes co-founder Steve Rattner, who remains under scrutiny.
Malaysia's Petronas has stopped supplying gasoline to Iran, a company spokesman said on Thursday, as the threat of U.S. sanctions on oil firms with supply ties to the Islamic Republic looms large.
A U.S. business group on Wednesday said it welcomed China's plans to ease restrictions on foreign investment, in a sign that tensions over currency have not blocked progress on all other trade issues.
The policies of the current U.S. administration have created political risk to investing in the United States, billionaire real estate investor Sam Zell said on Wednesday.
Treasury Secretary Timothy Geithner said on Wednesday an overhaul of financial regulations was at a critical moment and said he believed a legislative agreement was close.
Global authorities should dismantle banks that are so large their failure could destabilize the international financial system, Dallas Federal Reserve President Richard Fisher said on Wednesday.
The Obama administration is asking for public comment on seven broad questions about the future of housing finance that will provide a framework for reforming Fannie Mae and Freddie Mac.
China's economy grew about 11.9 percent in the first quarter from a year earlier, topping expectations and the fastest annual pace in nearly three years, according to two market sources.
