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
Arizona Attorney General Kris Mayes (D) filed a lawsuit Tuesday over GOP leaders’ refusal to seat...
Most of the effects of the ongoing government shutdown are far-removed from the halls of Congress.But...
As the government shutdown drags on, Smithsonian museums, the National Zoo and other facilities are the...
