Federal Reserve Chairman Ben Bernanke prodded Congress on Friday to enact legislation overhauling the nation's financial regulatory system to prevent a repeat of the banking and credit debacles that had thrust the country into crisis. ...more

October 24, 2009

Republicans needn't trouble themselves to nominate a presidential candidate in 2012. No matter what, President Barack Obama will run against George W. Bush. Bush will be Obama's eternal foil. At this rate, when Obama writes his post-presidential memoir, it will be titled "An Audacious Presidency, or How I Saved America From That Bastard Bush." ...more

October 24, 2009

The Obama administration on Thursday unveiled a sweeping overhaul of the financial system designed to impose greater regulation on major players like hedge funds. ...more

March 26, 2009

Pointing with dismay to the AIG debacle, the nation's top economic officials argued Tuesday for unprecedented powers to regulate and even take over financial goliaths whose collapse could imperil the entire economy. President Barack Obama agreed and said he hoped "it doesn't take too long to convince Congress." ...more

March 24, 2009

Treasury Secretary Timothy Geithner called on Congress Tuesday to grant him new powers to regulate huge financial companies like insurance giant AIG, whose failure would pose a grave danger to the U.S. financial system and the broader economy. ...more

March 24, 2009

At some point a person just has to believe things are getting better. For a lot of Americans, that's almost impossible, and with good reason. But there are flickering signs, and even a few non-partisan experts are saying there is a light at the end of the tunnel. ...more

March 20, 2009

We can sympathize with the people who have been struggling for years to pump life into New Port Richey's downtown. Exhibit A in their tale of woe is Main Street Landing, the mixed-use project that during the Florida property boom of the early part of this decade appeared to be the kick start downtown had needed. Given the current economic situation, however, trying to get the project back in gear right now might not be a good idea. ...more

March 18, 2009

America's recession "probably" will end this year if the government succeeds in bolstering the banking system, Federal Reserve Chairman Ben Bernanke said Sunday in a rare television interview. ...more

March 16, 2009

Turning more upbeat, President Barack Obama said Friday his administration is working to create a "post-bubble" model for solid economic growth once the recession ends. He said that means the days of overheated housing markets and "people maxing out on their credit cards" are over. ...more

March 14, 2009

President Barack Obama's assurance Tuesday that his mortgage-relief plan will only benefit deserving homeowners appears to be a stretch. ...more

February 25, 2009