Regulatory & Compliance

WASHINGTON -- In the wake of continued bad economic news and the skepticism in Congress about his plan for fixing it, President Bush plans to take his case to the nation in a nationally televised address at 9:00 p.m. EDT.

WASHINGTON -- The House today passed a measure that would ban interest rate hikes on existing balances, over-the-limit fees and double-cycle billing.

WASHINGTON -- Senators of both parties today took issue with parts of the $700 billion to buy illiquid assets from financial institutions and the speed with which it has been moving through Congress.

WASHINGTON -- Saying it was vital to restore confidence in the financial markets and the overall economy, Federal Reserve Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson took their efforts to sell the $700 billion plan to buy illiquid assets from financial institutions to Capitol Hill today.

WASHINGTON -- Saying it was vital to restore confidence in the financial markets and the overall economy, Federal Reserve Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson took their efforts to sell the $700 billion plan to buy illiquid assets from financial institutions to Capitol Hill today.

WASHINGTON -- Some financial service companies could have limits on their compensation, there would be stronger regulation and the government would get shares of private corporations if congressional Democrats get their wishes included in the Bush administrations $700 billion financial bailout plan.