- Obama seeks greater rein on financial institutions
President Barack Obama said Wednesday he wants legislation providing greater regulation of financial institutions like AIG, so taxpayers won't be left "holding the bag" when companies fail.March 18, 2009 - Congress looking at huge taxes on AIG bonuses
Democrats in Congress are promising to take away as much of the bonus money as they can from AIG executives. Outrage is building over the $165 million paid out by AIG, which has received billions in government bailout money.March 17, 2009 - TCF plans to give bailout money back
The Wayzata-based bank says there are too many strings attached under the program.March 3, 2009 - Government throws $30 billion lifeline to AIG
The announcement came as AIG, once the world's largest insurer, reported Monday it lost $61.7 billion in the fourth quarter, the biggest quarterly loss in U.S. corporate history.March 2, 2009 - Citigroup reaches aid deal with government
Citigroup Inc. said Friday it reached a deal that will give the federal government up to a 36 percent stake in the struggling bank.February 27, 2009 - Obama pledges to cut deficit in half
The money will begin reaching the states Wednesday from the newly passed $787 billion economic stimulus program, Obama told the nation's governors during a meeting at the White House.February 23, 2009 - Uptick in home sales may be a sign
The latest numbers show that Twin Cities home sales are up slightly over last year, a sign that the housing market is beginning to stabilize.February 23, 2009 - Klobuchar: Minn. will get more than $4 billion from stimulus
Minnesota stands to get more than $4 billion from the federal stimulus bill headed for a final vote in the U.S. Senate.February 13, 2009 - Democrats muscle huge stimulus to brink of passage
Handing the new administration a big win, the House Friday passed President Barack Obama's $787 billion plan to resuscitate the economy. No Republicans voted for the bill, which now goes to the Senate for action.February 13, 2009 - Minnesota Republicans blast stimulus bill
All of the Republican members of Minnesota's Congressional delegation say they plan to vote against the stimulus bill.February 12, 2009 - Minn. officials say stimulus will ease budget pain
With the U.S. House and Senate expected to vote soon on a $789 billion economic stimulus bill, officials at the Minnesota State Capitol are still trying to figure out what it means for them. Lawmakers held a meeting this afternoon to discuss how the money could be spent.February 12, 2009 - Transportation projects top the list, but is there enough money?
The new stimulus agreement sends $46 billion to transportation projects such as highway, bridge and mass transit construction. While Minnesota's share of that is not known, the federal funds are sure to be another factor as lawmakers figure out how much to spend on road projects.Midmorning, February 12, 2009 - Gregg withdraws as commerce secretary nominee
Republican Sen. Judd Gregg of New Hampshire abruptly withdrew his nomination as commerce secretary Thursday, citing "irresolvable conflicts" with President Barack Obama's handling of the economic stimulus and 2010 census.February 12, 2009 - Agreement announced on stimulus package
Senate Majority Leader Harry Reid has announced agreement on an economic stimulus bill between House and Senate negotiators. The final plan would cost $789 billion, less than either of the bills passed earlier by the House and Senate.February 11, 2009 - Promised job numbers don't always pan out
Supporters of the federal economic stimulus plan are promising it will create thousands of jobs in Minnesota. But if the past is a model there's no guarantee that promise will come true.February 11, 2009
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