Top financial regulators have canceled a meeting due to bad weather.
On The Money
President Obama’s approval rating on the economy remains at 37 percent — unchanged from last month, according to a new poll.
The U.S. and 11 other Pacific Rim nations failed to meet a self-imposed 2013 deadline.
Financial regulators are bracing for an onslaught of litigation and second-guessing.
Erik Wasson and Russell Berman 12/09/13 08:30 PM EST
Leaders are preparing to unveil a budget deal that could be quickly jammed through the House.
TUESDAY'S BIG STORY: Rep. Mel Watt (D-N.C.) will likely be confirmed on Tuesday as the next director of the Federal Housing Finance Agency.
A recent change to Senate rules will help Watt, who lost his first bid at confirmation in October, to garner enough votes to pack up his office for a move down the street.
Liberals want a budget deal to target tax breaks used by corporations and the wealthy.
The Treasury Department sold off its remaining stake in General Motors on Monday, losing $10.5 billion on its investment that kept the automaker afloat through the financial crisis.
Treasury Secretary Jack Lew told reporters that the government recouped $39 billion of the $49.5 billion it sank into the Detroit-based company in 2008 and 2009, essentially saving about 1 million jobs.
Obama said his "bet" on auto industry has "paid off" after Treasury sold its final GM shares.
An inspector general report last week found that ObamaCare tax credits are susceptible to fraud.