Videos

Automobile industry executives testified about the financial state of the industry and their request for $25 billion in emergency federal aid to avoid collapse. Some automakers said they…

The House Financial Services Committee held a hearing on the possible restructuring of the financial markets, including financial institution oversight and regulation, systemic risk and housing finance. Witnesses…

Members testified about recent turmoil in the financial markets, regulation of investment banking procedures, and on the need to enact legislation quickly on the Bush Administration $700…

Witnesses testified about the current Iraqi budget surplus, Iraqi political governance, and levels of U.S. financial assistance to Iraq. The Government Accountability Office (GAO) reported that…

Chairman Bernanke and Secretary Paulson spoke about financial markets and the state of the home mortgage industry. In their testimony the proposed new policies and procedures for banking…

The House passed extended unemployment benefits that allow an extra three months of benefits, with those in high unemployment states getting up to a year of benefits. Also, members began…

The Financial Institutions and Consumer Credit Subcommittee of the House Financial Services Committee held a legislative hearing on H.R. 5244, “The Credit Cardholders' Bill of Rights: Providing New…

The House Budget Committee marked up the fiscal year 2009 concurrent budget resolution. It is a nonbinding five-year tax and spending plan put together by the House and Senate Budget…

Federal Reserve Chairman Ben Bernanke testified about monetary policy and the state of the economy. In speaking of Federal Reserve interest rates, he said that slowing economic growth posed…