As banks build capital, Treasury wants TARP to focus on lending, continued stability Big banks are roaring back. At crisis' edge last year, ...
Geithner says bailout will end 'as soon as we can,' some funds will be used to reduce debt Treasury Secretary Timothy Geithner said ...
WASHINGTON (Reuters) - The U.S. government's $700 billion bailout program will ultimately produce an overall loss for taxpayers, a key auditor for the program said on Thursday. The U.S. Treasury's Troubled Asset Relief Program will produce a "negative return" because some programs, ...
FILE - In this Oct. 27, 2009 file photo, Special Master for Executive Compensation Kenneth Feinberg, also known as the Treasury Department's "pay czar", speaks about TARP (Troubled Asset Relief Program) and the financial crisis during a discussion at Georgetown Law Center ...
(Reuters) - The White House is looking to cut its budget deficit by using some unspent funds from the U.S. government's Troubled Asset Relief Program (TARP), the Wall Street Journal said, citing people familiar with the matter. Members of the Obama administration ...
Federal deficit expected to hit $150 billion in October, 1st month in new budget year The federal deficit is expected to hit $150 billion for the first month in the new budget year, headed toward another $1 trillion-plus tide of red ink. ...
Bank of America loans $184 billion in third quarter; $759 billion in credit extended in 2009 Bank of America Corp. said Monday that it extended nearly $184 billion in credit during the third quarter, as households and communities remain under financial strain. ...
Senate nears vote on extending jobless aid, home buyer credit A major economic relief bill that extends benefits to the jobless and expands a first-time home buyer tax credit took a step forward Monday in the Senate. The Senate took a procedural ...
WASHINGTON (Reuters) - The U.S. Treasury Department is considering ways to provide support through its bailout program to community development loan funds, a senior Treasury official said on Friday. Gene Sperling, counselor to Treasury Secretary Timothy Geithner, said loan fund support could ...
WASHINGTON - OCTOBER 23: Kenneth Feinberg, special master of the Troubled Asset Relief Program (TARP) and Executive Compensation at the Treasury Department speaks at the George Washington University Law School on October 23, 2009 in Washington, DC. The law school held a ...
Romer: Impact of stimulus on economy greatest this year, will level off by middle of next year The government's economic stimulus spending has already had its biggest impact and probably won't contribute to significant growth next year, a top White House adviser ...
WASHINGTON/NEW YORK (Reuters) - Top earners at financial and auto companies bailed out by the U.S. government will see their pay slashed under an Obama administration plan aimed at addressing public outrage over eye-popping paychecks, two sources familiar with the matter said ...
