Appearing before the Congressional Oversight Panel, Secretary of the Treasury Timothy Geithner faced populist anger over bailout terms.
The improved earnings reports of recent days are welcome news, but a rising tide of loan losses still threaten the industry.
The president appears to be trying to use his own popularity to push through a tough agenda.
The Obama team won't seek another spending jolt for the US economy, the Treasury secretary said Sunday, until it assesses effects of the first one.
Under the new ‘mark-to-market’ rule, banks can consider the value of assets as if they are being sold in an orderly fashion, not in a distress sale.
The two automakers seek additional $22 billion from the US, even as the president signals their plans aren’t adequate.