The Treasury Department said Wednesday it will invest up to $1 billion in small banks that serve poor communities as part of the Obama administration's efforts to spur more lending to small businesses. The money will come from the $700 billion bank bailout fund ...

President Barack Obama's $3.8 trillion budget outline drew bipartisan fire on Capitol Hill on Tuesday, with Republicans complaining it doesn't address deficits soon enough and raises taxes too much. Democrats balked at some of Obama's spending cuts. It was a rocky reception ...

WASHINGTON (Reuters) - President Barack Obama will propose on Tuesday using $30 billion from the TARP bank bailout program for a small business lending fund to try to spur job growth in a critical sector of the U.S. economy. The program would be limited to smaller or community banks, those with $10 billion in assets or less, according to senior ...

Some state lawmakers are eyeing bonuses paid to employees of investment banks and insurers that received funds from the federal Troubled Asset Relief Program as a way to raise revenue to help small businesses. Senate Democrats unveiled a proposal Monday that calls for a two-year, 2.47 ...