News Logging

The Bush administration has failed to adequately oversee its $700 billion bailout program and must move rapidly to guarantee that banks are complying with the plan's limits on conflicts of interest and lavish executive compensation, congressional investigators said yesterday.

With President-elect Barack Obama vowing to plow hundreds of billions of dollars into the nation's infrastructure, some state officials are warning that public works projects will fail to effectively lift the country out of recession unless they are chosen carefully and implemented rapidly.

Wearing yellow badges and traveling in groups of 10 or more, agency review teams for President-elect Barack Obama have swarmed into dozens of government offices, from the Pentagon to the National Council on Disability.

In the category of "okay, now we get it," the chief executives of Detroit's Big Three are driving to Washington to ask Congress for money, instead of taking private jets like they did last time. Which turned out to be a public relations disaster.

What we have here is a standoff worthy of a spaghetti western.

On Nov. 4, amid all the excitement surrounding Barack Obama's election, a three-judge panel of the U.S. Court of Appeals for the Federal Circuit struck down a Pentagon program that included a 5 percent set-aside for companies run by African Americans, Asian Americans, Hispanic Americans and Native...

Government unions yesterday criticized a White House executive order that bars certain workers at five federal departments from joining a union because they are engaged in intelligence gathering, investigations and other national security work.

Treasury Secretary Henry M. Paulson Jr. will urge China to maintain a strong currency during high-level talks this week as worries grow in the United States that Beijing may be exacerbating the global slowdown by deflating the value of the yuan to spur its own economy, Treasury officials said yes...

Detroit's Big Three automakers painted a bleak outlook for Congress today in making their case for federal funding.