Washington - President Barack Obama's administration, in a massive overhaul of the US financial regulatory system, is seeking the power to keep watch on all types of financial firms and to seize failing companies integral to the health of the system.
US Treasury Secretary Timothy Geithner unveiled the plans in congressional testimony on Thursday, arguing that the current financial turmoil has proven the system is "too unstable and fragile" to be allowed to manage itself.
New York - The Beijing Vantone Real Estate Company planned to sign Thursday a lease for five floors in the new World Trade Center's Freedom Tower, making it the building's first corporate tenant, news reports said.
The US government and New York City's agencies have all agreed to lease space in the 592-meter tower, which is being built on the same land where the original twin towers were destroyed by terrorist attacks on September 11, 2001.
Washington - US President Barack Obama's attempts to sell his economic proposals to the public took a 21st century twist on Thursday as he held an online townhall forum from the White House.
Obama has taken to the airwaves with television interviews and press conferences in recent days, but Thursday's format allows the admitted technology buff a chance to interact live with more people.
Washington - President Barack Obama's administration, in a massive overhaul of the US financial regulatory system, is seeking the power to keep watch on all types of financial firms and to seize failing companies integral to the health of the system.
US Treasury Secretary Timothy Geithner unveiled the plans in congressional testimony on Thursday, arguing that the current financial turmoil has proven the system is "too unstable and fragile" to be allowed to manage itself.
Washington - President Barack Obama's administration, in a massive overhaul of the US financial regulatory system, is seeking the power to keep watch on all types of financial firms and to seize failing companies integral to the health of the system.
US Treasury Secretary Timothy Geithner unveiled the plans in congressional testimony on Thursday, arguing that the current financial turmoil has proven the system is "too unstable and fragile" to be allowed to manage itself.
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Washington - President Barack Obama's administration, in a massive overhaul of the US financial regulatory system, is seeking the power to keep watch on all types of financial firms and to seize failing companies integral to the health of the system.
New York - The Beijing Vantone Real Estate Company planned to sign Thursday a lease for five floors in the new World Trade Center's Freedom Tower, making it the building's first corporate tenant, news reports said.
Washington - US President Barack Obama's attempts to sell his economic proposals to the public took a 21st century twist on Thursday as he held an online townhall forum from the White House.
Washington - President Barack Obama's administration, in a massive overhaul of the US financial regulatory system, is seeking the power to keep watch on all types of financial firms and to seize failing companies integral to the health of the system.
Washington - President Barack Obama's administration, in a massive overhaul of the US financial regulatory system, is seeking the power to keep watch on all types of financial firms and to seize failing companies integral to the health of the system.
