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Senator Corker pans money for Chrysler if it's for sale

Posted: 12/04/2008 - A U.S. senator says the government shouldn't lend money to Chrysler LLC because it would just be funding the automaker so it can stay in business until its private owners can sell it.

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SEC head: gov't rescue plan needs 'exit strategy'

Posted: 12/04/2008 - The top U.S. securities regulator says the government must start to build an "exit strategy" that includes taxpayer protections for its massive financial rescue plan.

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LBJ Library releases last of recordings

Posted: 12/04/2008 - The LBJ Library in Austin has released the final batch of recordings of private telephone conversations by former President Lyndon Johnson.

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National Mall will be open for Obama inauguration

Posted: 12/04/2008 - Barack Obama's inaugural committee says, in a change from tradition, the entire length of the National Mall will be open to the public during his inauguration.

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Kashkari: Rescue fund needs flexibility, firepower

Posted: 12/04/2008 - The head of the government's financial system rescue effort says it is critical that the program maintain adequate resources and flexibility to deal with unexpected challenges.

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Bernanke: more action needed to cut foreclosures

Posted: 12/04/2008 - Federal Reserve Chairman Ben Bernanke is calling on the government to ramp up efforts to stem home foreclosures that are feeding into the country's deep economic troubles.

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Pa. governor apologizes for comments on Napolitano

Posted: 12/04/2008 - Pennsylvania Gov. Ed Rendell has apologized for his comment that the Arizona governor is a good choice for Homeland Security secretary because she "has no family."

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Automakers try again to sell Congress on rescue

Posted: 12/04/2008 - Humbled U.S. automakers are pleading with Congress to approve an expanded $34 billion rescue package to save their troubled industry. But Detroit's Big Three auto executives face continued skepticism from lawmakers in an encore appearance on Capitol Hill.

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Wamp wants Frist to decide on run by next month

Posted: 12/03/2008 - Republican Rep. Zach Wamp says he wants to launch his gubernatorial campaign as early as next month if former Senate Majority Leader Bill Frist decides not to seek the GOP nomination.

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Obama reserves judgment on automakers' plans

Posted: 12/03/2008 - President-elect Barack Obama says it appears that the heads of the Big Three automakers are coming back to Congress with a "more serious set of plans" for how their companies are going to survive.

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