temporary funds

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Congress Passes Stopgap Bill to Avoid Shutdown

(Newser) - With a $410 billion catchall spending bill stalled in the Senate and a midnight deadline looming, Congress rushed through stopgap legislation today to keep the government running for another five days. With most Republicans denouncing the bill as too costly and a few Democrats opposing it as well, Majority Leader... More »

Fed Pumps $19B Into Market

Will add $19B in temporary funds to bolster credit markets

(Newser) - The Federal Reserve pumped $19 billion in temporary funds into the banking system today by buying up mortgage-backed securities. The move is aimed to insure that there is enough cash available in the credit markets and keep the interest rate close to the Fed's target of 5.25%. It also... More »

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