Joe Sims
LATEST ARTICLES BY Joe Sims
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Obama administration pressures banks on housing crisis
November 30, 2009The Obama administration announced today stepped up measures to persuade big banks to help strapped mortgage holders.
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Wall Street vote delayed as Black Caucus demands help for poor
November 20, 2009Members of the Congressional Black Caucus persuaded House Finance Services Committee chairman, Rep. Barney Frank to delay a vote on the systemic risks bill.
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Jobs legislation being considered in Congress
November 18, 2009Responding to growing demands to address the unemployment crisis, Congressional Democrats have indicated legislation for a new jobs bill is currently under consideration, possibly by year's end.
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Hunger in America
November 17, 2009In a sure sign the recession is far from over the Department of Agriculture reported that close to 50 million people in the U.S. are going hungry.
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City of Baltimore charges Wells Fargo with racist lending practices
June 8, 2009Charges of premeditated racist discrimination by the nation's top banks were given additional boost by the city of Baltimore which filed affidavits recently in a suit against Well Fargo for steering minorities to purchase sub-prime loans....
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President Obama: Labor is ‘part of the solution’
February 1, 2009Friday, was the second of two big days for labor at the Obama White House, as the new president continued the process of reversing Republican measures. On Thursday the administration signed a new law insuring equal...
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Business as usual? Federal Reserve keeps interest rates near zero
January 29, 2009Economic news worsened Wednesday as the House of Representatives voted on the stimulus package with the Federal Reserve Board’s Open Market Committee admitting that the “economy has weakened further. Industrial production, housing starts, and employment have...
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House set to vote on economic stimulus package
January 29, 2009With over 75,000 layoffs announced earlier in the week, the House of Representatives is set to vote Wednesday on a $825 billion economic stimulus package, the American Recovery and Reinvestment Act, HR 1. The plan is...
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