The Bush administration sought unchecked power from Congress to buy $700 billion in bad mortgage investments from financial companies in what would be an unprecedented government intrusion into the markets.
Through his plan, Treasury Secretary Henry Paulson aims to avert a credit freeze that would bring the financial system and the world's largest economy to a standstill. The bill would prevent courts from reviewing actions taken under its authority.
Treasury Seeks Asset-Buying Power Unchecked by Courts
Fatman Scoop, the hip-hop artist who topped charts in Europe with “Be Faithful” in the early...
Oregon’s first-in-the-nation experiment with decriminalizing drugs will expire on Sunday as a new law taking effect...
The Justice Department’s internal watchdog has found continued shortfalls in the FBI’s handling of tips about...
