Leaving The Senate President-elect Barack Obama officially resigned from the Senate on Sunday, removing himself from any official role in the lame-duck session of Congress that convened this week. ...more

November 22, 2008

Hard-line opponents of an auto industry bailout branded the industry a "dinosaur" whose "day of reckoning" is near, while Democrats pledged Sunday to do their best to get Detroit a slice of the $700 billion Wall Street rescue in this week's lame-duck session of Congress. ...more

November 17, 2008

President-elect Barack Obama officially resigned from the Senate on Sunday, removing himself from any official role in the lame-duck session of Congress that will convene this week. He also laid more groundwork for the start of his administration by deciding on additional members of his senior staff, including a White House counsel, and preparing to meet with another onetime political rival. ...more

November 17, 2008

Here are some answers about the summit, which includes meetings today: Might the summit help ease economic pain in the United States and abroad? ...more

November 15, 2008

Publicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. proposed Friday to use $24 billion in government funding to help 1.5 million U.S. households avoid foreclosure. ...more

November 15, 2008

WASHINGTON - House Speaker Nancy Pelosi said Wednesday she hopes Congress can return this month to approve spending measures to stimulate the depressed economy. She said much depends on finding common ground with the soon-to-depart Bush administration, which more often than not has been at odds with the Democratic majority. ...more

November 5, 2008

Democratic presidential candidate Barack Obama endorsed the federal government's plan to invest $250 billion in the nation's banks, saying it will strengthen the financial system and give taxpayers some extra protection. ...more

October 15, 2008

After consulting with Barack Obama, Democratic leaders are likely to call Congress back to work after the election in hopes of passing legislation that would include extended jobless benefits, money for food stamps and possibly a tax rebate, officials said Saturday. ...more

October 12, 2008

Automakers gained $25 billion in taxpayer-subsidized loans and oil companies won elimination of a long-standing ban on drilling off the Atlantic and Pacific coasts as the Senate passed a spending bill Saturday. ...more

September 28, 2008