Fed Chief Says U.S. Bolstered Its Ability to Handle Failure of a Big Bank

The financial system is better off than it was two years ago, and the central bank has learned the lessons of not providing rigorous enough oversight of banks, the Fed chief told a Senate panel.

Administration Seeks Smaller Federal Role in Mortgages

A report on the future of housing finance from the Obama administration foresees abolishing Fannie Mae and Freddie Mac, but offered few concrete details.

Plans Near for Freddie and Fannie

The Obama administration plans to offer a range of options for Fannie Mae and Freddie Mac without stating a preference.

G.O.P. Bloc Presses Leaders to Slash Even More

Conservatives want a cut in spending of at least $100 billion, compared with cuts in the current fiscal year of up to $80 billion being sought by party leaders.

G.O.P. Rally Ends With Call to Cut Spending

Speaker John A.

Financial Bailout May Cost Less Than Thought

The Treasury secretary said his department expects a positive return on its remaining support for banks, automakers, credit markets and A.I.G., as part of the Troubled Asset Relief Program.

G.E. and JPMorgan Got Lots of Fed Help in ’08

The two companies received help even as Jeffrey Immelt of G.E.

Fed Documents Breadth of Emergency Measures

Efforts to help stabilize the markets during the financial crisis reached far beyond Wall Street, new data show.

Fed Papers Show Breadth of Emergency Measures

Efforts to help stabilize the markets at the height of the financial crisis reached far beyond Wall Street and deep into the economy, newly released data show.

Cities in Debt Turn to States, Adding Strain

A growing number of towns and cities are seeking refuge in programs that many states provide as alternatives to federal bankruptcy court.

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