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• U.S. takes control
The regulator of the two companies, the Federal Housing Finance Agency (FHFA) will manage the two companies on a temporary basis. The takeover is the second rescue bid engineered by the U.S. Treasury Department in little more than six weeks. It came ...
• Germany marks Berlin Airlift 60th anniversary
Often called the first battle of the Cold War, the airlift pitted the U.S. and the Soviets against one another for the first time and set the tone for the decades to come.
• GSE plan expected at Treasury news conference
WASHINGTON - U.S. Treasury Secretary Henry Paulson and Federal Housing Finance Agency Director James Lockhart will hold a news conference at 11 a.m. on Sunday, the Treasury Department said. The officials are expected to announce plans for a federal ...
• About Meet the Press
For 60 years, "Meet the Press” has featured headline-making interviews with world-leaders and U.S. newsmakers every Sunday morning on NBC. On June 22, 2008 NBC News announced that the network’s veteran anchor Tom Brokaw would moderate Meet the ...
• Pakistan suicide blast death toll reaches 35
Zardari has vowed to be tough on militancy, a stance that plays well in Washington, where U.S. officials worried about rising violence in neighboring Afghanistan have pushed Pakistan to clamp down on extremist havens in its borders.