Fallout: The Financial Crisis

A report coming out today from the congressional panel overseeing TARP says government regulators could have stopped the financial crisis if they'd had more power. Steve Henn reports the panel is calling for more bank regulation.

As many bank-owned homes in Miami stand vacant, activists are encouraging homeless people to move in as squatters. And no one's complaining. Dan Grech reports.

A "Buy American" clause in President Obama's economic stimulus proposal would require infrastructure projects to use U.S. raw materials, like steel. The clause has created a gap between free-market supporters and manufacturers looking to protect domestic industry. John Dimsdale reports.

The nation's newspapers are struggling. Many have closed their Washington bureaus to cut costs. But D.C. journalism is alive and well — in the form of newsletters. Tamara Keith reports.

The Obama administration is looking for ways to change the financial rules that got us into this mess. But many of Wall Street's financial giants continue to finance Washington lobbyists. Commentator Robert Reich says the influence of those lobbyists needs to be squelched.

The idea of setting up a bad bank to soak up toxic assets is gaining traction. If it works, it could help usher in more lending from banks. But there's a lot standing in its way. Ashley Milne-Tyte reports.

The House has approved President Obama's stimulus package. But the package is drawing complaints that it includes too many pork-barrel projects. But what's pork these days? Janet Babin reports.

The Federal Reserve says the economy has gotten worse since December. With interest rates already hovering around zero, what more can it do to get money moving again? Jeremy Hobson reports.

The World Economic Forum usually attracts rock stars and supermodels to Davos. But this year, political leaders are taking the spotlight, and the tone is more subdued thanks to the recession. Sarah Gardner reports.

Today the House is expected to pass its version of President Obama's $825 billion economic stimulus plan, while the Senate is also considering its version. Steve Henn reports on what senators are trying to include in the bill.