U.S. House Democratic leaders expressed optimism on Thursday that a revised $700 billion financial industry rescue bill passed by the Senate will clear the House of Representatives, which rejected the bailout earlier in the week and rocked financial markets worldwide.
A controversial bill to provide $700 billion to help bail out Wall Street will be sent to the floor of the U.S. House of Representatives on Friday for debate and a vote, House Majority Leader Steny Hoyer said on Thursday.
Braselton, Georgia (October 2, 2008): Randy Pobst and Michael Galati qualified their K-PAX/3R Racing Team Porsche 911 GT3s 6th and 11th for Round 10 of the SCCA Pro Racing SPEED World Challenge GT Championships at Road Atlanta Raceway.
Entrepreneur Halsey Minor has filed a class action lawsuit against Sotheby’s Inc. over the auction house’s alleged economic interests in a painting for which he bid $8.6 million.
U.S. House Democratic leaders expressed optimism on Thursday that a revised $700 billion financial industry rescue bill passed by the Senate will clear the House of Representatives, which rejected the bailout earlier in the week and rocked financial markets worldwide.
Desperate to avoid another market-crushing defeat, House leaders won key converts Thursday to the $700 billion financial industry bailout on the eve of a make-or-break second vote.
The morning after the Senate strongly endorsed the bailout plan, President George W. Bush tried to muster support for the package ahead of a crucial vote in the House.