The White House told industry officials on Friday that it is leaning toward recommending that the Federal Reserve become the supercop for "too big to fail" companies capable of causing another financial meltdown.
According to officials who attended a private one-hour meeting between President Barack Obama's economic advisers and representatives from about a dozen banks, hedge funds and other financial groups, the administration made it clear it was not inclined to divide the job among various regulators as has been suggested by industry and some federal regulators.
TVNL Comment: This should tell you who owns Obama....and the answer is not the American citizens!
It's not yet the end of the world. All were of fictional future scenarios from a U.S. Army wargame at the U.S. Army War College in Carlisle, Pennsylvania. They are designed to help U.S. forces anticipate and prepare for tomorrow's military problems.
The CIA has released a devastating document detailing the dates and explicit details of secret Congressional briefings in which members of Congress were told of the Bush administration’s torture techniques and when they had been used.
The director of the White House Military Office submitted his resignation on Friday, less than two weeks after he authorized a flyover by an Air Force One backup of the Statue of Liberty that terrified thousands of people in New York City.
ABC News’ Rick Klein reports: House Speaker Nancy Pelosi was briefed on the use of “enhanced interrogation techniques” on terrorist suspect Abu Zubaydah in September 2002, according to a report prepared by the Director of National Intelligence’s office and obtained by ABC News.
