Showing posts with label congress. Show all posts
Showing posts with label congress. Show all posts

Wednesday, September 30, 2009

Your Money: The Debate Over State Laws for Banks

Moderate House Democrats are drafting a proposal that would continue to shield big banks from potentially tougher state regulations when it comes to selling products such as credit cards, mortgages and savings accounts.

Tuesday, May 19, 2009

Your Money: Credit Card Changes

The Senate voted overwhelmingly on Tuesday to rein in credit card rate increases and excessive fees. AP Personal Finance Editor Trevor Delaney explains.

Friday, December 12, 2008

$14B Auto Bailout Dies in Senate

A $14 billion bailout for Detroit's struggling Big Three has died in the Senate. The collapse came after bipartisan talks on the auto rescue broke down over GOP demands that the labor union agree to steep wage cuts.

Wednesday, November 19, 2008

Auto CEOs Tell Congress Why They Need $25b

General Motors Corp. chief executive Rick Wagoner told the House Financial Services Committee that collapse of the U.S. auto industry could lead to a loss of 3 million jobs within the first year.