Could the federal government delay the switch to digital television? Given a growing list of glitches with the transition, there’s momentum building to push back the transition date.

Treasury Secretary Henry Paulson says allowing mortgage giants Fannie Mae and Freddie Mac to return to their old operating ways is not an option.

President-elect Barack Obama’s appointed successor was turned away when he appeared at the U.S. Capitol to take his seat.

President-elect Barack Obama is promising that his economic stimulus plan won’t include money for politicians’ pet projects and will include provisions aimed at ensuring his administration is open and accountable to taxpayers and Congress.

While the Bush administration says it’s ready to step in to avoid an auto industry collapse, several administration officials say nothing is imminent.

Senate Republicans say they have grave concerns about the agreement between congressional Democrats and the Bush White House to speed billions of dollars to struggling U.S. automakers.

Officials say that congressional Democrats leaders and the White House have finalized a deal to spend $15 billion on emergency loans for struggling U.S. automakers.

A government audit says the Treasury Department needs tougher controls to oversee the $700 billion financial bailout package.

Rep. Henry Waxman, a liberal ally of Speaker Nancy Pelosi, will take over the chairmanship of the powerful House Energy and Commerce Committee when the next Congress convenes in January. Waxman is a liberal California Democrat. In an election among House Democrats, he toppled veteran Michigan Rep. John Dingell from the post. Dingell is the longest-serving member of the House.

The top Senate Democrat is trying to lower expectations for emergency legislation to help the beleaguered U.S. auto industry. Sen. Harry Reid said Wednesday it’s the Bush administration’s responsibility to save the once-mighty carmakers from collapse.

Several prominent hedge fund managers are telling Congress they support a new central exchange to open the murky world of credit default swaps, complex investments partly blamed for the global financial crisis.

Several prominent hedge fund managers are telling Congress they support a new central exchange to open the murky world of credit default swaps, complex investments partly blamed for the global financial crisis.

It’s one of the things on President Bush’s to-do list before he leaves the White House in January. The Bush administration trying to finalize rules that would enforce a ban on Internet gambling.

The Economy was at the top of the agenda when Barack Obama met President Bush in the oval office. They met for almost two hours, they touched on the auto industry, the housing industry, and foreclosures. President Bush is getting ready to convene his International Economic Summit, beginning this Friday, in Washington. Barack Obama will tackle that when he gets into office. ABC News’ Christianne Klein has the economy latest from Washington…

Democrats have retained control of the House and are headed for big gains in their majority.