The Obama administration will ask Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, White House spokesman Robert Gibbs said this morning.
Geithner to Ask Congress for Broad Power to Seize Firms
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I am a proud Jewish American. My father fled Poland in 1921 to escape poverty and...
Representative Tony Gonzales, a Republican from Texas, announced on Monday he was stepping down from Congress...
