The Fed signals that it is prepared for more stimulus spending, HHS unveils a $3.6 million dollar command center to combat Medicare scams, AIG makes a promise and the tax-cut saga continues. This and more in this week’s Week in Pictures.
Specialist Michael Urizzo watches a screen at his post on the floor of the New York Stock Exchange as the decision of the Federal Reserve is announced, Wednesday, Aug. 1, 2012. The Federal Reserve said Wednesday that the economy is losing strength and repeated a pledge to take further steps to stimulate growth if the job market doesn’t show sustained improvement. (AP Photo/Richard Drew)
International Monetary Fund (IMF) mission chief Poul Thomsen, centre, arrives with plainclothes police for another meeting between Greece’s new Finance Minister Yannis Stournaras and the debt inspectors from the European Central Bank, European Commission and International Monetary Fund, known as the troika at Greece’s Finance Ministry in Athens, Thursday, Aug. 2, 2012. Greek Prime Minister Antonis Samaras on Wednesday talked coalition government partners into accepting the new spending cuts demanded by the debt-crippled country’s bailout creditors. (AP Photo/Thanassis Stavrakis)
This image made from the YouTube website on Thursday, July 26, 2012 shows a frame from a video posted by the American International Group insurance company proclaiming that AIG is proud to be an American corporation. AIG received the biggest government bailout of any company during the 2008 financial crisis, totaling $182.5 billion. It became a symbol for greed and excessive risk-taking on Wall Street and a touchstone for public anger soon thereafter. (AP Photo)
Senate Majority Leader Harry Reid of Nev., announces to reporters on Capitol Hill in Washington, Tuesday, July 31, 2012, that he and GOP House Speaker John Boehner have reached an agreement to keep the government running on autopilot for six months when the current budget year ends on Sept. 30. (AP Photo/J. Scott Applewhite)
An activist of the Frankfurt occupy movement poses with makeshift money in Frankfurt, Germany, Thursday, Aug. 2, 2012, during a meeting of the ECB governing council concerning the further strategies in the European financial crisis. (AP Photo/Michael Probst)
House Minority Leader Nancy Pelosi, D-Calif., center, Assistant Minority Leader James Clyburn, D-S.C., left, Rep. Sander Levin, D-Mich., and Minority Whip Steny Hoyer, D-Md., walk to speak to reporters following the vote on the middle class tax cut, on Capitol Hill in Washington, Wednesday, Aug. 1, 2012. (AP Photo/J. Scott Applewhite)