U.S. lawmakers challenged former top executives of major government-backed mortgage finance companies to explain why they took on billions of dollars in risky loans. Questioning of the former heads of Fannie Mae and Freddie Mac came as a House of Re...
In testimony to Congress, the U.S. treasury chief and central bank chairman have strongly defended their management of the $700 billion financial and credit market rescue program. VOA's Dan Robinson reports from Capitol Hill, where the officials fac...
By Carolyn Presutti Washington, DC 14 February 2008 Two top U.S. Defense Department officials have testified before a Congressional committee in charge of military spending. The committee grilled the officials about progress in Iraq and the status of...
By VOA News 17 May 2007 The U.S. House of Representatives has approved by a vote of 397 to 27 legislation authorizing about $644 billion for defense spending in 2008, including billions for military operations in Iraq and Afghanistan. VOA's Dan Robin...
By Al Pessin Tunis 12 February 2006 Donald H. Rumsfeld speaks to the press after bilateral talks with Tunisian Minister of Defense Kamel Morjane U.S. Defense Secretary Donald Rumsfeld has announced th...