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
Federal aviation officials on April 27 said they were investigating after North Dakota state Rep. Liz...
Middle school students in Mississippi acted quickly to halt their school bus from crashing after their...
A shooting at a Chicago hospital on Saturday morning left a police officer dead and another...
