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A Two-Pronged Push To Aid Ailing Banks

Two federal agencies moved yesterday to ease the financial pressure on banks even as Congress continued to debate the wisdom of a broader intervention.

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01.10.2008 06:00:00 - washingtonpost.com - Politics

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To Many of His Constituents, 'Uncle Ted' Is Far From Done

PALMER, Alaska -- The sign on southbound Trunk Road is shaped like a slice of bread and browned to perfection. "Ted's Toast," it says, advertising not a breakfast special but an assessment of the situation facing Ted Stevens, the U.S. senator being tried on corruption charges and facing reelectio...

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01.10.2008 06:00:00 - washingtonpost.com - Politics

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Rescue Package Not the Only Loser In House's Vote

There were no winners when the House voted down the economic rescue package on Monday. The collective breakdown of leadership in Washington left political wreckage rivaling that in the financial markets -- and it spread across the spectrum.

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01.10.2008 06:00:00 - washingtonpost.com - Politics

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Candidates Follow Up on Plan

After watching the spectacular defeat of a $700 billion financial rescue plan in the House on Monday, Sen. Barack Obama yesterday accelerated his effort to sell the proposal, seeking to redress what his advisers believe has been a failure by the White House to adequately explain the plan.

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01.10.2008 06:00:00 - washingtonpost.com - Politics

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Blacks Forming a Rock-Solid Bloc Behind Obama

As Sen. Barack Obama strode onto the stage in the cavernous ballroom Saturday night, the audience jumped up, shouting, singing and clapping along with his campaign theme song, Stevie Wonder's "Signed, Sealed, Delivered, I'm Yours."

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01.10.2008 06:00:00 - washingtonpost.com - Politics

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Bush's Warnings of Danger Are No Longer as Powerful

For the ninth day in a row, President Bush outlined a frightening scenario yesterday that could occur if Congress does not enact his financial rescue package: More banks will fail, home values will plummet further, and a stock market collapse will wipe out the retirement and savings accounts of...

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01.10.2008 06:00:00 - washingtonpost.com - Politics

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A Midwestern Republican Who Voted Against The Plan Is Blasted for 'Inaction' by Opponent

Rep. Steve Chabot (R-Ohio) has faced -- and overcome -- tough opponents ever since he was first elected to the House in the Republican landslide of 1994. This year is no different, and his vote Monday against the $700 billion financial bailout package has injected an enormous element of uncertain...

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01.10.2008 06:00:00 - washingtonpost.com - Politics

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Those Up for Reelection Have Explaining to Do

Rep. Jim Marshall had planned to be in his rural southwest Georgia district yesterday to raise money and meet with voters. Instead, the Democrat was in his Capitol Hill office with bags under his eyes, preparing to cut a 30-second television spot that would explain to his constituents, including the...

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01.10.2008 06:00:00 - washingtonpost.com - Politics

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As Japan's Economy Falters, New Premier Vows Swift Action

TOKYO, Oct. 1 -- As Wall Street gyrated this week between panic and hope, dismal new data in Japan showed that the world's second-largest economy, already contracting, has almost certainly fallen into recession.

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01.10.2008 06:00:00 - washingtonpost.com - Politics

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Lawyer to Continue Inquiry Into Prosecutor's Firing

Top Justice Department officials named a longtime public corruption prosecutor yesterday to explore the basis for firing a U.S. attorney in New Mexico two years ago, escalating the uproar over political infusion in the process and raising the specter of a criminal investigation of lawmakers, Whit...

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30.09.2008 06:00:00 - washingtonpost.com - Politics

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