Peter DeFazio News

An audit of the Federal Reserve Bank would "substantially castrate the Fed so it cannot do what it was set up to do," Rep.

This story was written by Brady Dennis, Zachary A. Goldfarb and Neil Irwin . Growing discontent over the economy and frustration with efforts to speed its recovery boiled over Thursday on Capitol Hill in a wave of criticism and outright anger directed at the Obama administration.

U.S. Rep. Greg Walden, R-Hood River, won't run for Oregon governor, he announced Thursday.

CBSa s Early Show on Friday completely ignored the grilling Treasury Secretary Tim Geithner received on Capitol Hill on Thursday and the calls for his resignation by members of Congress.

Adding to lawmaker criticism of U.S. Treasury Secretary Timothy Geithner's performance is a new survey released on Friday showing 42 percent of Americans say he has done a "poor job" handling the credit crisis and federal bailout programs.

Battles over regulatory change in Washington heated up Thursday as a House panel approved audits of the U.S. Federal Reserve.

Any tax imposed on financial transactions would have to take effect internationally to keep Wall Street jobs and related business from moving overseas, U.S. House of Representatives Speaker Nancy Pelosi said on Thursday.

No matter how anarchic, war-torn, chaotic and completely dysfunctional a pseudo nation-state might be, in 2009, a brave entrepreneur can still make money selling mobile phone service.

Oregon Congessman Peter DeFazio has become the face of an effort to push Treasury Secretary Timothy Geithner to resign.

On Tuesday, Goldman Sachs announced it would commit $500 million to help small businesses, garnering the financial giant headlines and buzz for its altruism.

Close See a sample reprint in PDF format. Order a reprint of this article now NOVEMBER 20, 2009 House Attacks Fed, Treasury Panel Votes for Tighter Political Rein on Central Bank; Some Call for Geithner to Quit WASHINGTON -- Political frustration over the rescue of Wall Street and high unemployment erupted in the House Thursday, with one committee ...

U.S. Treasury Secretary Timothy Geithner on Thursday defended the costly bailout of insurer AIG and urged swift regulatory reform to safeguard the economy from the failure of big financial firms.

Halloween was more than two weeks ago, and yet the Columbia River Crossing project continues to haunt the region like a zombie that just won't die.

Rep. Peter DeFazio called for the firing of President Barack Obama's top two economic aides on Wednesday for pursuing a recovery plan skewed too heavily towards Wall Street's favor.

Of course the Repubs will try to stop this too. A November 18, 2009 Dems Want Unspent TARP Funds For Main Street Bailout 11-18-09 01:45 AM Democrats in Congress want to use unspent TARP funds to support homeowners and struggling workers, according to The Hill.

Speaker Nancy Pelosi said Tuesday that she hopes to move on a jobs bill next month but cautioned against rushing in before Democrats have found the "right initiative" to deal with what's proved to be a very stubborn, deep recession for workers.

CIO President Richard Trumka today called for more investments in infrastructure as one plank of a job creation proposal that he plans to bring to the White House employment summit next month -- as congressional Democrats continued jockeying over how and whether to pursue and long-term transportation bill in the coming months.

In a blow to his congressional campaign, Springfield Mayor Sid Leiken on Monday was fined $2,250 for violating Oregon law against converting campaign funds to personal use.

Bill introduced by Oregon Sens. Ron Wyden and Jeff Merkley would add more than 4,000 acres to monument Loading... Rosemary Mallonee and Dylan Wimpee, shown in July 2008, fill tanks with water, as part of preservation work in the Rimstone room of the Oregon Caves National Monument.

Engineers representing Oregon and Washington have slimmed the project down; now our political representatives need to do their part For months now, Columbia River Crossing officials have worked to remove a sizable obstacle from the Interstate 5 bridge project.