The Obama administration will ask Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, White House spokesman Robert Gibbs said this morning.
Geithner to Ask Congress for Broad Power to Seize Firms
Rep. Adelita Grijalva (D-Ariz.) was officially sworn in to office Wednesday, more than seven weeks after...
Democrats are seething after news emerged on Sunday that eight members of their Senate caucus had...
