federal government

The first official review of the federal government's $700 billion financial rescue plan said Treasury has yet to address "critical" oversight issues to ensure the plan is working.

The federal government's $700 billion financial rescue plan will get its first official review Tuesday.

The federal government is reviewing applications from hundreds of banks seeking rescue funding and is "actively" developing new programs to right the nation's unsettled financial system, Treasury Secretary Henry Paulson said Monday.

The federal government made two big moves to help consumers, but some people are ineligible while others will have to wait months before the benefits trickle down.

The federal government issued another $976.5 million worth of economic stimulus checks to American households in October, the Treasury Department announced Friday.

Federal Reserve Chairman Ben Bernanke said Friday that the federal government will need to continue to play a role in the future of the mortgage financing market.

Banks of all sizes are interested in a piece of the federal government's $250 billion fund to recapitalize financial institutions, Treasury Secretary Henry Paulson said Monday.

Banks of all sizes are interested in a piece of the federal government's $250 billion fund to recapitalize financial institutions, Treasury Secretary Henry Paulson said Monday.

By now you're well aware that the federal government recently approved a historic bill aimed to rescue our nation's faltering financial system.

But what's gotten far less attention than the billions approved to prop up banks, are significant tax benefits included for individuals.

The federal government on Tuesday announced a historic plan to restore confidence in the U.S. financial system and to spur banks to begin lending again more normally - both to each other and to consumers and businesses.