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
A 17-year-old North Carolina girl who recorded a livestream of a shooting that killed three people...
The Tennessee Volunteers will be honoring Dolly Parton with a helmet sticker this season, the college...
