The GOP isn't buying the White House assertion that it offered Rep. Joe Sestak only an unpaid position on an advisory board if he'd drop his effort to unseat Pennsylvania's Sen. Arlen Specter.
The White House backed Rep. Joe Sestak's opponent in the Democratic Senate primary in Pennsylvania. The GOP wants to know whether it offered Mr. Sestak a job to drop out of the race.
The Goldman Sachs SEC case, filed Friday, comes as President Obama makes a push for Wall Street reform in Congress.
Rep. Joe Sestak is in a tough primary race against Obama-backed Senator Arlen Specter. White House Press Secretary Robert Gibbs for the first time responded to questions about whether the White House offered Sestak a post to lure him out of the race.
Federal government officials said they can't explain why a Toyota Prius suddenly accelerated last week.
Badgered by Congress, Akio Toyoda vows to make Toyota's regional divisions more autonomous and less dependent on Japan.
Toyota president Akio Toyoda apologized for safety-related recalls of his firm’s cars and trucks. Also in the Toyoda testimony: Members of management will take a hands-on approach to the problems.
Treasury Secretary Timothy Geithner says the government ‘made the best of a set of terrible choices’ in bailing out insurance giant AIG. But Democrats and Republicans alike hammered him for not demanding more from financial institutions.
The special inspector general for the government’s financial rescue program told Congress Wednesday that the ongoing bonus quandary was 'a mess.'
The sole witness at a House hearing Thursday, the former Treasury Secretary will also defend his role in pushing the merger of Bank of America and Wall Street giant Merrill Lynch.