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House eases restrictions on derivatives trades
WASHINGTON - A bipartisan coalition in the House voted late Thursday to make it easier for corporations to engage in complex derivatives trades without government restrictions, eroding the reach of proposed regulations to govern Wall Street.
Nations:U.S. People:Nancy Pelosi Activities:111th Congress Source:(AP)
2009-12-10
US extends bailout authority to October 2010
WASHINGTON (AFP) - US Treasury Secretary Timothy Geithner on Wednesday extended the authority of a 700-billion-dollar financial bailout to October 2010 even as he noted the program would cost less than expected.
People:Timothy Geithner Harry Reid Nancy Pelosi Barack Obama Activities:2008 U.S. Financial Rescue Source:(AFP)
2009-12-09
Administration to slash bailout cost estimate
WASHINGTON - The Obama administration will lose $200 billion less than expected from the federal bailout program and is looking at using part of the savings to fund new job creation efforts.
People:Timothy Geithner Nancy Pelosi Barack Obama
2009-12-07
Obama bemoans desperation of people out of work
WASHINGTON - President Barack Obama says a jobs forum he hosted at the White House generated many useful ideas for jump-starting job creation, some of which can be put into action "immediately" by his administration.
People:Barack Obama Nancy Pelosi Joseph Biden John McCain Ronald Reagan George W. Bush Activities:2008 U.S. Layoff Crisis Obama Admin.
2009-12-03
Obama: No 'wait and see' approach on jobs
WASHINGTON (AFP) - President Barack Obama warned on Thursday the US government must act quickly in the fight against crushing unemployment, but cautioned that he had only limited funds to create jobs.
Nations:Afghanistan People:John Boehner Nancy Pelosi Barack Obama
2009-12-03
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