AFP - The US House of Representatives on Monday rejected a 700-billion-dollar Wall Street bailout bill, throwing efforts to calm the financial crisis rocking global markets into turmoil.
Reuters - Stocks plunged on Monday as the U.S. House of Representatives rejected a $700 billion financial sector bailout plan, renewing fear about frozen world credit markets and the global economy's health.
AFP - The US House of Representatives on Monday dramatically rejected a 700 billion dollar Wall Street bailout plan, throwing desperate efforts to calm the US financial crisis into disarray.
Reuters - Democratic leaders in the U.S. House of Representatives are going to try to move another financial rescue bill after a $700 billion plan was rejected in a House vote, a senior House Democrat said on Monday. -- read full article
Mon, 29 Sep 2008 18:47:38 GMT - Yahoo! News: U.S. Congress News
AP - A behind-the-scenes move by prosecutors sending an ailing potential witness home to Alaska has angered a federal judge and given Sen. Ted Stevens an opening to renew allegations the government isn't playing fair in his corruption case.
AP - Congress is sending President Bush a bill that would extend for two years a federal program to clean up areas of pollution and contaminated sediment around the Great Lakes. -- read full article
Sun, 28 Sep 2008 21:52:32 GMT - Yahoo! News: U.S. Congress News
Bloomberg - Sept. 28 (Bloomberg) -- Senate Majority Leader Harry Reid
said a $700 billion bank-rescue package will be voted on early
this week and ``now we have to have the votes.'' -- read full article
Sun, 28 Sep 2008 21:55:40 GMT - Yahoo! News: U.S. Congress News
CQPolitics.com - As congressional leaders and Treasury Secretary Henry M. Paulson Jr. emerged from a historic night of financial bailout negotiations early Sunday, Senate Majority Leader Harry Reid acknowledged that the talks had a certain stress level. -- read full article
Sun, 28 Sep 2008 21:56:14 GMT - Yahoo! News: U.S. Congress News
AP - Two prominent Senate hopefuls from Colorado accused each other in a heated, nationally televised debate Sunday of sharing the blame for a financial industry meltdown that triggered negotiations for a $700 billion government bailout. -- read full article
Sun, 28 Sep 2008 22:53:03 GMT - Yahoo! News: U.S. Congress News
AP - The government effort to yank control of the sagging economy from Wall Street began to jell a half-hour before midnight Saturday in House Speaker Nancy Pelosi's Capitol office.
CQPolitics.com - House Democrats seem to have a new motto when it comes to year-end tax legislation: If at fourth you don't succeed, try, try again. -- read full article
Mon, 29 Sep 2008 01:09:21 GMT - Yahoo! News: U.S. Congress News
AP - The House-Senate impasse over tax policy continued Sunday as the House brought up, and then withdrew, tax relief bills that a senior senator said the Senate would not pass. -- read full article
Mon, 29 Sep 2008 07:08:17 GMT - Yahoo! News: U.S. Congress News
AP - With the House slated to vote Monday on a deeply unpopular $700 billion rescue plan for beleaguered financial companies, President Bush and congressional leaders were scrambling to corral support.
AP - Federal prosecutors changed their plans and said they would not put their star witness on the stand Monday in the corruption case against Sen. Ted Stevens, R-Alaska.