Congress Ignored Critical Bailout Oversight

By  Lagan Sebert  Danielle Ivory on Dec 19, 2008

On December 19th, Henry Paulson urged Congress to release the second half of the $700 billion of the bailout money. But no one seems know what banks have done with the first $350 billion. Despite the fact that Congress wrote more than one hundred pages about oversight in the bailout bill, they left a gaping hole.

Bank Eat Bank: Bailout Encourages Mergers

By  Danielle Ivory  Lagan Sebert on Nov 21, 2008

With newfound bailout money in their wallets, big banks have been rushing to gobble up smaller ones. At the center of these mergers is the Treasury Department, led by Goldman Sachs alums Henry Paulson and Neel Kashkari. While neglecting struggling homeowners they have created major incentives for widespread bank consolidation, which could lead to a host of new problems. And, as members of Congress recently noted, Treasury officials seem to be making the rules up as they go

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Rape in the Military: Congress Charges Cover-Up

By Tala Dowlatshahi on Aug 01, 2008

Congress takes on the Department of Defense in the first oversight hearing held this year by the Subcommittee on National Security and Foreign Affairs on sexual assault in the military. Dr. Kaye Whitley, director of the Sexual Assault and Prevention and Response Office (SAPRO), failed to appear at the hearing despite being subpoenaed. Her "no show" left some members accusing the DOD of a cover up.

VIDEO ESSAY: No Paine, No Gain - A July 4th Special

By  Nick Penniman on Jul 04, 2008

An Independence Day look back at the radical influence of Thomas Paine, the often-overlooked founding father whose words sparked the American Revolution.