A group of three conservatives on President Obama’s financial crisis inquiry commission called the final report of the panel “unbalanced” and “incorrect,” in a 27-page dissent from the more than 500-page document endorsed by a majority of members. (more)
Rep. Paul Ryan (R) of Wisconsin, the top House Republican on budget matters, peeled the curtain back a little on GOP relations with the Obama White House Thursday. (more)
WASHINGTON — Negotiators worked on a deal Thursday that would extend expiring tax cuts for everyone even as House Democrats moved toward a vote to show their commitment to letting taxes on the wealthy go up. (more)
President Obama and Republican leaders emerged from a meeting at the White House Tuesday no closer to an agreement on whether to extend all of the Bush era tax cuts before the end of the year, or whether to only extend cuts for those making less than $250,000 a year. (more)
Nov. 8 (Bloomberg) — Brian Williams burned through $12,000 on rent for a vacant storefront in the historic district of St. Louis where he planned to open a pizzeria after banks refused him a $35,000 loan, forcing him to delay opening by a year. (more)
Multiple World Bank officials were alerted this week to beware an email virus purporting to be from an unlikely source: Treasury Secretary Timothy Geithner. (more)
The falling dollar is on most everybody’s mind, especially in financial markets here at home and globally. A currency war? World protectionism? Race to the bottom? (more)
OK, Timothy Geithner, here’s a question: What gives the U.S. the right to the world’s lowest gasoline prices? (more)
Friday’s unemployment report for September, the last before the election, brought more bad news for the Obama Democrats. (more)
Conservative economist Martin Feldstein spoke up Monday during a public meeting with President Obama at the White House, urging him to extend all tax cuts passed by Congress during the Bush administration and set to expire at the end of the year. (more)
WASHINGTON — Even as voters rage and candidates put up ads against government bailouts, the reviled mother of them all — the $700 billion lifeline to banks, insurance and auto companies — will expire after Sunday at a fraction of that cost, and could conceivably earn taxpayers a profit. (more)
House Speaker hopeful John Boehner, the current minority leader from Ohio, wanted his plan for governance – a remake of the 1994 “Contract with America” – to stay out of the press until Thursday morning. That didn’t happen. (more)
Pelosi said the Ways and Means Committee will consider legislation Friday that could result in punishing tariffs on Chinese imports. (more)
White House officials expect Lawrence Summers to leave his job as the president’s National Economic Council director after November’s congressional elections, according to three people familiar with the matter. (more)
First it was House Minority Leader John A. Boehner, making his pitch to the electorate to be made House speaker in part by calling for Treasury Secretary Tim Geithner to be fired. (more)
Democratic Massachusetts Gov. Deval Patrick may well be the least popular governor in the United States. (more)
Can you teach an old dog new tricks? In politics, the answer is usually no. Most elected officials cling to their ideological biases, despite the real-world facts that disprove their theories time and again. Most have no common sense, and most never acknowledge that they are wrong. (more)
Financial experts and banking industry insiders gathered at the Treasury Department in Washington Tuesday to discuss the future of mortgage giants Fannie Mae and Freddie Mac. The general consensus? There is agreement that Fannie and Freddie cannot continue to exist in their current state of government conservatorship — but the agreement ends there. (more)
Embattled Rep. Maxine Waters on Friday blamed the Bush administration for her ethics problems — saying she had to intervene with the Treasury Department on behalf of minority-owned banks seeking federal bailout funds — including one tied to her husband — because the Treasury Department wouldn’t schedule its own appointments. (more)
The U.S. economy will improve slowly and another round of fiscal stimulus probably wouldn’t be effective, former Treasury secretaries Paul O’Neill and Robert Rubin said. (more)
