Shelby Slams FSOC, Questions Chances of Success
Sen. Richard Shelby, the ranking Republican on the Senate Committee on Banking, Housing and Urban Affairs, voiced skepticism on Thursday that the Financial Stability Oversight Council would find success.
Debt Ceiling and the 14th Amendment: What’s It All About?
Can the 14th Amendment of the United States be used to issue an executive order to raise the debt ceiling? The controversy continues to grow, with Rep. Tim Scott, R-S.C., threatening impeachment if the president moves forward.
Geithner May Step Down After Debt Talks
Geithner is President Barack Obama’s longest-serving financial advisor; his departure would raise the question of who would succeed him at a time when a number of presidential choices for top financial positions have been blocked in Congress.
Debt Ceiling Update: Senate Hearing, Ag Subsidy Cuts Loom in Political Fight
Debt-ceiling talks: posturing exceeds progress, but presidential race may provide impetus to deficit reduction ideas.
Michael McRaith, Director of Insurance, Illinois: The Extended 2011 IA 25 Profile
Michael McRaith, director of insurance for the state of Illinois, has been appointed by Treasury Secretary Timothy Geithner to head up the new Federal Insurance Office.
Geithner Pushing for Strauss-Kahn to Quit IMF
Dominique Strauss-Kahn, head of the IMF arrested on charges of sexual assault, was pressured to quit Wednesday by Treasury Secretary Timothy Geithner.
Treasury’s Geithner Slams Congress for Debt Ceiling Mess
In remarks given at the Harvard Club in New York just one day after the Treasury hit its debt ceiling, Geithner spoke of unsustainable future fiscal deficits caused in part by the many Americans who will turn 65 in the next decade.
U.S. Debt Limit Deadline Extended by Treasury Maneuvers
Arrival of so-called ‘Debt Ceiling Day’ finds politicians far from a deal.
Debt Ceiling, Retail Sales and Housing : Advisor Briefing for the Week of May 16, 2011
The likely market movers this week: debt ceiling is reached; big retailers quarterly resultss; housing and leading economic indicators.
Bernanke Tells Senate, Failure to Raise Debt Limit Is 'Risky'; Dodd-Frank Repeal Debated
Ben Bernanke said Thursday that failure by Congress to raise the debt ceiling is a “risky approach” that, at a minimum, would result in an “increase in interest rates that would worsen” the nation’s economy. The Senate committee also delved into the implementation of the Dodd-Frank Act and efforts by...