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AP: Obama picks ex-Ohio AG to lead consumer agency
July 17, 2011 4:41 PM
WASHINGTON (AP) - President Barack Obama intends to nominate former Ohio Attorney General Richard Cordray to a new consumer financial protection bureau that was a central feature of a law that overhauled banking regulations. White House and administration sources say Obama plans to announce the nomination Monday at the... more » -
Bailout watchdog: Crisis response worked but problems remain
December 9, 2009 8:14 AM
The panel overseeing the financial bailout is offering a mixed assessment of the Troubled Asset Relief Program. The watchdog panel says the $700 billion helped prevent an all-out panic last fall. It says confidence in the nation's financial system has improved, "access to credit is increasing, and the economy is... more »
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