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Aid prospects darken for desperate US carmakers
WASHINGTON - Prospects dimmed on Monday for the $25 billion bailout that U.S. automakers say they desperately need to get through a bleak and dangerous December.
Nations:U.S. People:Arlen Specter Harry Reid Nancy Pelosi Barack Obama George W. Bush Activities:2008 Automakers Downturn 110th Congress Bush Admin.
2008-11-17
Gov't eyes plan to take ownership stakes in banks
Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the Bush administration on measures to make direct purchases of bank stock to help unlock lending.
Nations:France People:Nicolas Sarkozy Henry Paulson Arlen Specter Roy Blunt Robert Zoellick Nancy Pelosi Activities:Global Financial Crisis
2008-10-12
McCain says bailout plan needs greater oversight
SCRANTON, Pa. - Republican John McCain on Monday called for greater oversight of the Bush administration's proposed bailout of U.S. financial markets, saying the massive $700 billion plan being crafted by Treasury Secretary Henry Paulson needed broader supervision.
Nations:U.S. People:Sarah Palin Mitt Romney Henry Paulson Arlen Specter Joseph Biden Barack Obama Activities:2008 U.S. Financial Rescue US Election 2008
2008-09-22
Palin Pick Shows Lost Clout of Republicans' Old Establishment
Sept. 4 (Bloomberg) -- At a Tuesday reception for moderate Republicans, Pennsylvania Senator Arlen Specter hushed the cocktail chatter when he began ticking off a long list of like- minded lawmakers who no longer hold office.
Nations:U.S. People:John McCain Joe Lieberman Jim Leach Arlen Specter John Warner Chuck Hagel Activities:US Election 2008 Source:(Bloomberg)
2008-09-04
Ted Stevens indicted, longest-serving GOP senator
WASHINGTON - Sen. Ted Stevens, the nation's longest-serving Republican senator and a major figure in Alaska politics since before statehood, was indicted Tuesday on seven felony counts of concealing more than a quarter of a million dollars in house renovations and gifts from a powerful oil contractor that lobbied him for government aid.
Nations:U.S. Pakistan Russia People:Arlen Specter John Warner Harry Reid Ted Stevens Source:(AP)
2008-07-29
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