I cannot recall another time when a crisis hit this country and Congress was not all fired up to investigate. ...more

September 26, 2008

A group of conservative Republicans in the House proposed a financial rescue package of tax breaks and a new government-sponsored insurance program for mortgage-backed securities Thursday as an alternative to President Bush's proposed $700 billion bailout of Wall Street. ...more

September 26, 2008

Democratic schemers have focused their energies and resources on trying to dig up political 'dirt.' ...more

September 23, 2008

The Bush administration Saturday raised the price tag on its emergency plan to revive the U.S. financial system, asking Congress for authority to spend up to $700 billion to relieve crippled financial institutions of their mortgage-based assets, a sum that would exceed the current cost of the war in Iraq. ...more

September 21, 2008

Recently, I received an e-mail missive from one of the legions of loyal, devoted, satisfied readers of this space who took note of the cancellation of my old radio show on WFLA, 970 AM. ...more

August 3, 2008

The House on Wednesday easily approved legislation that seeks to slow the steepest slide in house prices in a generation, rescue hundreds of thousands of homeowners at risk of foreclosure and reassure global markets that mortgage-finance giants Fannie Mae and Freddie Mac will not be allowed to fail. ...more

July 24, 2008

A mortgage rescue to help hundreds of thousands of struggling homeowners avoid foreclosure and get more affordable, safer loans passed the Senate overwhelmingly on Friday, but it faces a bumpy road amid continuing turmoil in the housing market. ...more

July 12, 2008

The nation's top economic policymakers took their campaign to rework financial regulation to Capitol Hill on Thursday, urging Congress to make major changes in the oversight of Wall Street firms and other financial institutions. ...more

July 11, 2008

A massive package of housing legislation that seeks to rescue hundreds of thousands of homeowners in danger of foreclosure while shoring up confidence in struggling mortgage giants Fannie Mae and Freddie Mac cleared a final procedural hurdle in the Senate on Thursday and was headed for passage. ...more

July 11, 2008

When Congress started fashioning a sweeping rescue package for struggling homeowners this year, 2.6 million loans were in trouble. But the problem has grown considerably in just six months and is continuing to worsen. ...more

June 29, 2008