Reuters – President Barack Obama has decided to launch a government task force for restructuring the struggling U.S. auto industry instead of naming a "car czar" with sweeping powers, a senior administration official said on Sunday. Obama is appointing Treasury […]
Reuters – The Obama administration plans to tighten the nation’s financial regulatory system, including stricter federal rules for hedge funds, credit rating agencies and mortgage brokers, the New York Times reported in Sunday editions. The broad changes include increased oversight […]