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
Texas will require all public school classrooms to display the Ten Commandments under a new law...
The U.S. Court of Appeals for the Fifth Circuit ruled Friday that Louisiana’s law to display...
Juneteenth celebrations have been scaled back this year due to funding shortfalls as companies and municipalities...
