by Elisa Santana | Mar 15, 2011 | Politics
WASHINGTON — More than a month after the administration released a report asking Congress to approve legislation to eventually dissolve mortgage giants Fannie Mae and Freddie Mac, Treasury Secretary Timothy Geithner is still addressing the issue at hearings....
by Elisa Santana | Mar 8, 2011 | Business, Politics
WASHINGTON— Erskine Bowles, the co-chair of President Barack Obama’s fiscal reform commission, told the Senate Budget Committee Tuesday that growing federal deficits are “a cancer and they are truly going to destroy this country from within, unless we have the common...
by Elisa Santana | Mar 2, 2011 | Business, Politics
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by Elisa Santana | Mar 2, 2011 | Business, Politics
In order to create jobs and expand the economy, panelists at the Center for American Progress argued Wednesday for reforms to the American model of capitalism—a path also needed, they said, to counteract executives earning billions and potential elimination of the...
by Elisa Santana | Feb 15, 2011 | Business, Politics
WASHINGTON — Treasury Secretary Timothy Geithner faced heat from House Republicans Tuesday as he sought to defend President Barack Obama’s 2012 budget proposal. A day after the White House unveiled a budget plan for Congress to consider, Geithner faced the...
by Elisa Santana | Feb 9, 2011 | Business, Politics
WASHINGTON — Testifying to Congress for the first time since Republicans took control of the House, Federal Reserve Chairman Ben Bernanke said Wednesday he’s confident with the Fed’s fiscal and monetary policies. But he was pressed hard in a series of tough...
by Elisa Santana | Feb 1, 2011 | Politics
Washington — Howard Dean let out a familiar primal scream while debating Newt Gingrich Tuesday night at The George Washington University. “Why do you still have to be a second class citizen?” Dean said, becoming red-faced and excited while responding to...
by Elisa Santana | Jan 18, 2011 | Politics
WASHINGTON — Dozens of Tibetans marched and yelled “Hu Jintao: Failed Leader” and “Hu Jintao’s a liar” at Lafayette Square Park in front of the White House Tuesday afternoon. Students For a Free Tibet has launched a three-day campaign to protest the Chinese...
by Elisa Santana | Jan 12, 2011 | Business, Politics
WASHINGTON — Treasury Secretary Timothy F. Geithner previewed the administration’s position on U.S./China economic relations leading into Chinese President Hu Jintao’s visit to Washington next week. Geithner, speaking on Wednesday at his alma mater, Johns...
by Elisa Santana | Jan 11, 2011 | Business
Jobs are the top priority for the U.S. Chamber of Commerce this year. “In 2011, the chamber’s top priority will be to turn an economic recovery into a jobs recovery so that we can put Americans back to work,” said Thomas J. Donohue, the president and CEO of the U.S....
by Elisa Santana | Jan 5, 2011 | Politics
Among the dozens of newly elected officials sworn in Wednesday on Capitol Hill, five are making history. They are Hispanic and Republican, and for the first time in Congress’ history, no new Hispanic Democrats were sworn in alongside them. The addition of these...