The FOMC slashed interest rates again today to 1.0% hoping to shore up consumer confidence and prop up a sagging economy.
Did Fed Chief Ben Bernanke and his peers right by cutting rates?
Countdown to Election: Join us online on Election Night as we host full coverage of what's going on at the polls, swing states and the candidate's headquarters. Cheryl Casone will take your questions ... read more
Ever since Congress passed the historic $700 billion rescue package earlier this month, more sectors are running to Uncle Sam with their hands open.
Which industry do you think is least deserving of government intervention?
-Auto industry
-Insurance industry
-Financial institutions
-Mortgage holders
Countdown to Election: Join us online on Election Night as we host full coverage ... read more
To help combat the global credit crisis, the government is considering taking ownership stakes in troubled banks. Is this wise or just more unnecessary government intervention? ... read more
It’s been a whirlwind of non-stop financial news for the last several weeks.
Iconic investment firms fell, banks failed and Congress passed an historic bank rescue bill. Media outlets have been working non-stop to try and bring citizens reliable information to act on.
But no one's perfect. We want to know what stories you think have been missed or weren't covered adequately. ... read more
As banks falter and markets melt around the world, government officials are scrambling to stop the bleeding. Treasury Secretary Henry Paulson worked feverishly to get his $700 billion rescue bill passed and Fed Chairman Ben Bernanke gives his economic outlook later today.
We want to know if you would replace either official—and if you would, who would you want to take his place? ... read more
It's been a rough couple of weeks for the financial system to say the least.
We want to know how you are handling your investments. Have you changed your investment strategy? What sectors do you see as the market's safe spots? ... read more
Check to see how your representative voted on the $700 billion financial rescue bill.
YeasNaysDemocratic
172
63
Republican
91
108
TOTALS
263
171
Yays
Abercrombie [D-HI]
Foster [D-IL]
Pallone [D-NJ]
Ackerman [D-NY]
Frank [D-MA]
Pascrell [D-NJ]
Alexander [R-LA]
Frelinghuysen[R-NJ]
Pastor [D-AZ]
Allen [D-ME]
Gerlach ... read more
The House of Representatives readies for another vote today for the $700 billion rescue package.
Can your elected officials count on your vote this November if they voted for the plan? ... read more
Check to see how your senators voted on the $700 billion financial rescue bill.
** CORRECTION: An early post showed Sen. Ben Nelson voting against the bill when he actually voted for it
TOTAL: Yea: 74
Nay: 25 NAME VOTEVOTE
Akaka (D-HI)
Y
Alexander (R-TN)
Y
Allard (R-CO)
N
Barrasso (R-WY)
N
Baucus (D-MT)
Y
Bayh ... read more
October 29, 2008 03:48 PM EDT
Weigh In: Did the FOMC Make the Right Decision?
The FOMC slashed interest rates again today to 1.0% hoping to shore up consumer confidence and prop up a sagging economy. Did Fed Chief Ben Bernanke and his peers right by cutting rates? Countdown to Election: Join us online on Election Night as we host full coverage of what's going on at the polls, swing states and the candidate's headquarters. Cheryl Casone will take your questions ... read more
25 Comments