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Congress

Jan 30, 2009

Obama says he is confident of turnaround, meets CEOs

President Barack Obama said he is confident that the economy can be reinvigorated, starting with the passage of a stimulus package, after meeting with the chief executive officers of some […]

Jan 26, 2009

Bernanke tells it like it is, some don’t listen

This may be as close as we’re going to get to a Fed chairman labeling some in Congress as irresponsible. Sure, Federal Reserve Chairman Ben S. Bernanke was typically careful […]

Jan 26, 2009

Obama becomes banker-in-chief in credit market freeze

The U.S. economy has little chance of recovering from what may prove to be its worst recession since World War II unless President Barack Obama shows he can get banks […]

Jan 20, 2009

Obama, not Congress, will drive nation’s agenda

Some American business executives and Republican politicians, cautiously optimistic or in some cases dismissive about Barack Obama, still have their Washington villains: Nancy Pelosi and Harry Reid. They argue that […]

Jan 20, 2009

Obama says recession requires scaling back promises

President-elect Barack Obama said reviving the U.S. economy will require scaling back on his campaign promises and personal sacrifice from all Americans. “I want to be realistic here, not everything […]

Jan 12, 2009

Tax on hope chills next generation of investors

To a lot of investors, 2009 looks like twilight at the bottom of the ski run. Ahead is the icy walk down to the parking lot and the challenge of […]

Jan 12, 2009

Obama, Democrats see need for speed from new Congress

A new Congress with strengthened Democratic majorities convenes tomorrow with one overriding goal: speed. House Speaker Nancy Pelosi and other congressional leaders met behind closed doors this week with President-elect […]

Jan 12, 2009

Banks’ ‘catatonic fear’ means consumers don’t get relief

As the new owner of $172.5 billion of preferred shares and warrants in 208 U.S. financial institutions, the Treasury Department hasn’t succeeded in thawing frozen credit markets, leaving taxpayers propping […]


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