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United States federal banking legislation

The World

Financial overhaul passes the senate

Global Politics

After months of debate, the Senate passed a financial regulatory bill by a 59-39 vote Thursday. The biggest change in the bill is the creation of an agency whose sole job is to monitor fairness of any product that is bought by the consumer.

Five Years After the Collapse, The Debate Over Financial Regulation Rages On

Debate picks up over two leading contenders for Federal Reserve chairmanship

Global Politics

Sen. Chris Dodd in the spotlight

Global Politics

Wall Street Bailout Bill 101

Business, Economics and Jobs

The details of the bailout bill

Business, Economics and Jobs

The logic behind the bailout bill, and the authority it gives to Treasury Secretary Henry Paulson.

House members reject bill, accusations fly

Global Politics

Members of the House rejected the $700 billion plan, with over 100 Republicans voting against the bill.

The Shadowy, Byzantine Process of Political Rule-Making

Between the fiscal cliff and sequestration, bemoaning Washington bureaucracy is almost a cliché these days. Getting a bill signed into law seems like quite a victory, but for major legislation, like the Dodd-Frank Wall Street Reform and Consumer Protection Act, or the Affordable Care Act, getting the president’s signature doesn’t automatically set the entire law […]

Details on the Greek Bailout

How much will it cost Europe to keep Greece out of bankruptcy?  $172 billion, that’s how much. EU finance members gave approval to a second bailout package in Brussels overnight but Athens has to accept deep spending cuts and permanent monitoring. The chairman of the Euro group says the deal would secure Greece’s future in the […]

Top of the Hour: Greek Bailout, Morning Headlines

Euro zone finance ministers meeting in Brussels appear ready to approve a second bailout package for Greece. Nearly $172 billion will be funneled to the country in exchange for more austerity measures, like a 22 percent cut in the minimum wage. Greek leaders approved the deal last week in a last-ditch effort to avoid bankruptcy.