To recoup taxpayer money used in the bailout of financial firms, Obama on Thursday outlined a fee that big banks would have to pay for 10 years or more.
Chris Dodd announced Wednesday he would not be seeking a sixth term, ending a career helped by massive campaign contributions from Wall Street.
The Obama White House Tuesday named former Bush aide, Howard Schmidt, as cybersecurity 'czar.' Cyber attacks from within and outside the country pose a growing threat to the US.
David Tepper reaped $7 billion in profit for his firm by scooping up bank stocks at their nadir. How does that stack up with other lucrative moves?
Citigroup is holding off on foreclosures and evictions for 4,000 homeowners. Fannie Mae and Freddie Mac are expected to make a similar announcement, and other financial institutions are expected to follow suit.
President Obama on Monday urged top bank executives to increase lending to small businesses, citing the government bailouts they received last year.
Citigroup announced it is paying back federal TARP funds, joining the likes of Bank of America, Goldman Sachs and JP Morgan. Why are they in such a hurry?