The Washington Post's David Cho, Peter Whoriskey and Neil Irwin report that the Treasury Dept. will expand what companies are eligible for a slice of the first $250 billion of the $750 billion financial rescue plan. Instead of merely traditional banks, these could be insurance ...

So says the Washington Post's Peter Whoriskey, David Cho, and Zachary Goldfarb: the Treasury Dept. and Federal Deposit Insurance Corp. are "nearing agreement" on a plan to guarantee the mortgages of millions of homeowners threatened by foreclosure. The plan would use between $40-50 billion ...

That was Topic A at a Senate banking committee hearing yesterday as Sheila Bair, chairman of the Federal Deposit Insurance Corp., said that the Bush administration might guarantee mortgages to banks. The Washington Post's Peter Whoriskey and Zachary A. Goldfarb report that the banks, ...

The Wall Street Journal's Damien Paletta has an interesting, largely positive profile of Federal Deposit Insurance Corp. Chairman Sheila Bair. Bair has been tasked with extraordinary responsibilities: guaranteeing consumer bank deposits and new debt issues by companies and providing unlimited deposit ...

The Wall Street Journal seemingly rounds up its entire political economy bureau (Deborah Solomon, Damien Paletta, Jon Hilsenrath and Aaron Lucchetti) to tell us that the Treasury Dept. will make $250 billion worth of equity investments in nine major banks. Treasury ...

So says the Wall Street Journal's Damian Paletta, Carrick Mollenkamp and John D. McKinnon about the plan to guarantee billions in bank debt and insure all bank deposits. This new moves to stave off the ever-growing Wall Street fallout would likely be coordinated with ...

...And now it goes back to the House. The Washington Post's Lori Mongtomery and Shailagh Murray report that the Senate approved Wednesday night, 74-25, a plan to have the Treasury Dept. buy up to $700 billion in now almost worthless mortgage-related assets. The taxpayers would ...

One of the nation's top bank regulators, Chairman Sheila Bair of the Federal Deposit Insurance Corporation (FDIC), says that bank failures are going to increase in the coming months, according to a ...

The federal workforce has continued to decline under the Bush Administration with manpower in the regulatory agencies particularly taking a tumble. But the subprime mortgage crisis and Bear Stearns bailout may be reversing that trend.

The Wall Street Journal’s Michael Crittenden reports that the Federal Deposit Insurance Corp. ...

Sheila Bair, chair of the Federal Deposit Insurance Corporation, is taking a rigorous approach to banking regulation -- in the interests, she says, of the taxpayer. Bair has pressed for tighter regulation of state-licensed mortgage lenders and refused applications from Wal-Mart and Home Depot to start federally-insured savings banks. ...