Topic: U.S. Senate Committee on Banking, Housing, and Urban Affairs
Top galleries, list articles, quizzes
-
Senate freshmen: What the 14 new members bring to Capitol Hill
A freshman Senate class was sworn in Jan. 3, bringing diverse skills and experience – not to mention agendas – to the legislative body. Whether the 14 newest senators help break partisan gridlock, or refuse to work across the aisle, will be the test for the 113th Congress.Twelve were elected on Nov. 6, including three Republicans, eight Democrats, and an independent. In addition, a Republican and a Democrat were appointed to vacant seats after the election. Here is a look at the 14 and what they bring to the Senate:
-
Facebook IPO: Six key dates in its debacle
Facebook's first week as a publicly traded company will go down as a terribly botched corporate launch, perhaps one of the worst in recent history for such a highly visible entity. Eight days ago, it was the tech world's most highly anticipated initial public offering in eight years. Now, the social media company faces mounting legal woes and serves as an embarrassing example of how not to run an IPO. Despite rising insider pessimism about its growth prospects, Facebook kept boosting its asking price and the number of shares it would sell. The result: billions of dollars in losses; investigations by two congressional committees, the Securities and Exchange Commission (SEC), an industry watchdog, and the state of Massachusetts; at least 13 class-action lawsuits; and thousands of resentful shareholders who days later still were unsure how many Facebook shares they had or at what price. Here are six key dates in Facebook's unfolding IPO disaster.
-
Gallery: Retiring senators
All Content
-
To probe detainee abuse, Congress leans toward outsourcing
Success of the 9/11 commission means lawmakers often punt toughest investigations to independent bodies – despite some internal resistance.
-
Congress moves to regulate credit cards
Lawmakers have been getting an earful from disgruntled consumers.
-
Trapped in TARP? Banks eager to exit the US bailout program find it's not so easy.
A hasty exodus could weaken the wobbly banking system, US officials say. They're poised to raise the bar for those wanting out of the Treasury-runprogram.
-
Treasury Secretary Geithner: selling a lending plan and himself
-
Behind Dow's rebound, Bernanke's straight talk
-
Fighting recession has become a new kind of warfare
Five months into the economic crisis, experts predict a years-long recovery.
-
Auto bailout clears House; bigger hurdle ahead
In the Senate, many Republicans resist $14 billion package, worried that the industry won't repay US loans or become more competitive.
-
Congress near a Big Three deal, with strings attached
US automakers are likely to get $15 billion in federal loans, but lawmakers insist on industry restructuring.
-
Auto bailout: Congress gets closer to a decision
Lawmakers say bankruptcy for Detroit's Big Three is 'not a viable option.'
-
Seeking $34 billion from Congress, automakers promise electric cars
Ford, General Motors, and Chrysler, seeking access to $34 billion in taxpayer-financed loans, have presented to Congress plans to invest in clean technologies and to accelerate the development of fuel efficient vehicles.
-
US judge orders five Guantánamo detainees freed for lack of evidence
Experts say the ruling is 'a clear warning shot to the government' over Gitmo detention policies.
-
Auto giants up against bailout fatigue
For many lawmakers of both parties, it may be one costly bailout too many.
-
Scope of $700 billion bailout bill continues to widen
The Treasury may back risky mortgages and include other industries in its financial rescue effort.
-
Congress wrestles with Wall Street bailout package
Is there a deal or not? It depends on who’s asked, but an outline is emerging from Thursday’s meeting at the White House.
-
Congress is wary of the push to bail out Wall Street
Lawmakers are watching the stock market as an indicator of whether to buy Bush's plan.
-
Postcrisis economy: calmer but slower
With no investment banks and tighter regulation, experts see a less dynamic recovery ahead.
-
Treasury chief Paulson on verge of historic new powers
The administration's bailout plan would make him temporary overseer of the US financial system.
-
Congress eyes solutions for Wall Street woes
Lawmakers focus on bailouts and look to overhaul financial regulations.
-
Wall Street’s turmoil tests McCain
Obama goes on the attack with a new ad, while the GOP candidate calls for an investigation.
-
U.S. spending obligations surge
Recent bills – for students, GIs, housing market – add to long-term budget commitments.
-
U.S. spending obligations surge
Recent bills – for students, GIs, housing market – add to long-term budget commitments.
-
Understaffed Fed raises worries
With a retirement this summer, the central bank will have just four of seven board seats filled.
-
House passes rescue package for mortgage crisis
Lenders who trim the principal on troubled loans would get federal loan guarantees.
-
U.S. steps up response to housing crisis
The Federal Housing Administration takes a bigger role under most emerging plans.
-
Bernanke: Bear Stearns collapse threatened economy
At a congressional hearing Thursday, the Fed chairman defended the rescue of the investment bank.
Previous
Become part of the Monitor community