czar

The new head of the Gulf Coast disaster's claims fund says his first two priorities will be to cut bigger checks and send them out faster to the oil spill's economic victims.

New pay restrictions were unveiled Friday for hundreds of employees at the nation's biggest bailout recipients.

The Obama administration's pay czar will outline Friday another round of curbs on executive compensation for companies that took exceptional assistance from the government, but Bank of America won't be one of them.

The next round of executive pay decisions for companies that have received substantial government bailout funds could have a more lasting impact on pay practices nationwide, the special master on pay for the bailout said Tuesday.

Just how much is a rainmaker at a bailed-out bank really worth? Or a senior executive at a recently bankrupt automaker for that matter?

The oversight czar tracking the $700 billion bailout told lawmakers Tuesday that he's concerned officials are not doing enough to prevent tax dollars from being wasted or pilfered.

Yes, the federal government does a lot of stupid things. And yes, it's easy to see why Wall Street firms are bailing out of the Troubled Asset Relief Program: to avoid having to deal with the government's ever-changing rules and with publicity-hungry congressmen.

(Is there any other kind?) But that doesn't excuse the way that Wall Street is engaged in selective memory now that the government has shelled out trillions of taxpayer dollars to keep the Street alive.

Compensation Czar Kenneth Feinberg talks with Kai Ryssdal about the enforcement powers he will have with his new job and the limitations he may face.

The Obama administration moved forward on reforming runaway corporate pay practices Wednesday, including appointing a new so-called "pay czar".