The Bush administration sought unchecked power from Congress to buy $700 billion in bad mortgage investments from financial companies in what would be an unprecedented government intrusion into the markets.
Through his plan, Treasury Secretary Henry Paulson aims to avert a credit freeze that would bring the financial system and the world's largest economy to a standstill. The bill would prevent courts from reviewing actions taken under its authority.
Treasury Seeks Asset-Buying Power Unchecked by Courts
Eight backcountry skiers have been found dead and one remains missing after an avalanche near Lake...
Six backcountry skiers were stranded and 10 others were missing on Tuesday, Feb. 17, after an...
Construction on the nation’s largest infrastructure project can resume after a court ordered the Trump administration...
The Rev. Jesse L. Jackson, a protege of the Rev. Martin Luther King Jr. and two-time...
