Housing Aid Bill Faces Veto by President Bush
Housing Aid Bill Faces Veto by President Bush
WASHINGTON — Democrats’ plans to help hundreds of thousands of homeowners struggling with rising subprime mortgage rates and plummeting house values could be sidetracked by President Bush’s threatened veto and the […]
Nobel Economist: Greenspan, Bush to Blame for Financial Crisis
Nobel Economist: Greenspan, Bush to Blame for Financial Crisis
VIENNA - Former Federal Reserve Chairman Alan Greenspan and the government of President George W. Bush were to blame for the U.S. financial crisis, Nobel laureate economist Joseph Stiglitz said in a magazine interview.
“This man (Greenspan) has unfortunately made a lot of mistakes,” […]
Bush Administration Defends Economic Policy
Bush Administration Defends Economic Policy
The Bush administration is defending its handling of the U.S. economy at a time of growing public unease. VOA’s Paula Wolfson reports during a series of interviews on American television Treasury Secretary Henry Paulson stressed the government will do what it takes to maintain stability in the financial system.