The crisis surrounding Fannie Mae and Freddie Mac eased on Thursday as both the equity and debt of the two US mortgage financiers rallied – although worries remained that a government bail-out would be necessary.
The more encouraging market...
Amit Roy says he is confident the solution for curbing soaring food prices around the world can be found in the Shoals.
Roy, president and chief executive officer of Muscle Shoals-based IFDC, International Center For Soil Fertility and...
Published: Thursday, July 31, 2008
WASHINGTON -- If you were to ask Democrats Barney Frank and Chris Dodd -- the principal architects of the massive housing bill signed Wednesday by President Bush...
Senate Banking Committee Chairman Sen. Christopher Dodd, D-Conn., left, and the committee's ranking Republican, Sen. Richard Shelby, R-Ala., right, take part in a news conference on Capitol Hill in Washington, Wednesday, July 23,2008, to...
U.S. Sen. Richard Shelby predicted Monday that the tax rebates that are part of the federal economic stimulus package will hurt the federal budget deficit more than it will help the economy.
"I am not a big fan of stimulus packages," Shelby...
U.S. Sen. Richard Shelby left no doubt in a speech Thursday he is a strong supporter of immigration reform.
But he isn't quick to pick a winner of the Republican or Democratic presidential nominations.
Shelby, a Tuscaloosa Republican who is...
Background
Richard Craig Shelby (born May 6, 1934), sometimes known as Dick Shelby, is an American politician. He currently is the senior U.S. Senator from Alabama. Originally elected to the Senate as a Democrat, Shelby switched to the Republican Party in 1994 when it gained the majority in Congress.
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Timeline
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