January 2009

FBN's Adam Shapiro has details on the Treasury demanding monthly consumer and business lending reports from bailed-out banks. ... read more

5PM UPDATE: Senate Releases Last of TARP Money Obama Makes New Pledges to Senate on TARP Funding President-elect Obama laid out a list of new commitments he's willing to make in order to convince Congress to act fast on releasing the remaining $350 billion bailout money. The new pledges, which included using up to "$100 billion in a sweeping effort to address the foreclosure crisis," were ... read more

Rep. Gregory Meeks, (D-NY), weighs in on the chances of Congress finding a quick resolution to the TARP debate. Reps. Gwen Moore (D-Wis) and Michele Bachman (R-Minn.), who both serve on the House Financial Services Committee, debate whether, how and when (and to whom) to release the second tranche of TARP. As debate brews on the Hill over whether and how to release the second $350 ... read more