U.S. News

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Break up megabanks, progressives urge

Labor and progressives warn against the danger of moves on Capitol Hill to weaken finance reform.

Wall Street moves to crush $50 billion fund

The GOP's back room talks with Wall Street began to explode in the faces of Republican senators yesterday.

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Goldman fraud adds fuel to financial reform drive

Big banks appear to be much more worried about a clampdown on their derivatives gambling schemes than they are about a consumer protection agency.

Federal panel grills Greenspan, Citigroup on predatory lending

The nation's subprime crisis will be in the news from Wednesday to Friday this week as the federal government's Financial Crisis Inquiry Commission begins a new round of hearings.

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Fight for finance reform next in the national spotlight

As they celebrate their success with health care reform labor and its allies are already focusing on strengthening the financial reform legislation just approved by the Senate Banking Committee.

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Senate defeats deficit commission

Labor and progressive groups scored a victory yesterday with the defeat of the undemocratic deficit commission in the Senate.

Obama deficit control plan draws fire

President Obama's plan to announce a spending freeze for some domestic programs during his State of the Union address tomorrow is drawing fire.

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Detroit book forum calls for new economy

Jim Wallis, founding editor-in-chief of Sojourners Magazine, a Christian social justice publication, calls for new values and new economy.

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Wall Street vote delayed as Black Caucus demands help for poor

Members of the Congressional Black Caucus  persuaded House Finance Services Committee chairman, Rep. Barney Frank to delay a vote on the systemic risks bill.

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400,000 on ‘terrorist’ list

The Washington Post reported last week that 1,600 names are being added to the list of 400,000 people who are suspected of being "terrorists."

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