The man who watches over the $700 billion in government money given to banks and other institutions to avert a financial collapse said Wednesday he thinks it's too early to say how much will be repaid to the taxpayers. ...more

October 21, 2009

WASHINGTON (AP) — President Barack Obama wants smaller community banks to have greater access to the government's $700 billion financial rescue fund as the administration refocuses the bailout money on small businesses and homeowners and winds down programs aimed at big banks. ...more

October 20, 2009

DETROIT (AP) - The Obama administration is likely to demand deeper concessions from Chrysler LLC and General Motors Corp. in exchange for additional federal loans, a person briefed on the government's plan said Friday. ...more

March 29, 2009

Many detainees locked up at Guantanamo were innocent men swept up by U.S. forces unable to distinguish enemies from noncombatants, a former Bush administration official said Thursday. ...more

March 19, 2009

Rep. Barney Frank charged Monday that a decision by financially strapped insurance giant AIG to pay millions in executive bonuses amounts to "rewarding incompetence." ...more

March 16, 2009

That's what presidents do. They decide. Some do it better than others, but all do it. History does the grading. ...more

March 16, 2009

President Barack Obama embraced merit pay for teachers Tuesday in spelling out a vision of education that will almost certainly alienate union backers. ...more

March 10, 2009

President Barack Obama sent a secret letter to Russia's president last month suggesting he would back off deploying a new missile defense system in Eastern Europe if Moscow would help stop Iran from developing long-range weapons, U.S. officials said Monday. ...more

March 3, 2009

President Barack Obama is asking Congress to raise taxes on the wealthy and cut Medicare costs to provide health care for the uninsured while making the just-enacted $400 tax cut for most workers permanent. ...more

February 25, 2009

President Barack Obama's wants to cut the federal deficit in half by the end of his first term, mostly by scaling back Iraq war spending, raising taxes on the wealthiest Americans and streamlining government, an administration official said Saturday as the president worked to finalize his first budget request. ...more

February 21, 2009