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by Matthew Jaffe

Seth Wheeler, who designed the Obama administration's foreclosure prevention program, has left his post as a senior advisor at the Treasury Department.

Wheeler, who started at the agency under the Bush regime's Treasury Secretary Hank Paulson, has reportedly gone to work for Habitat for Humanity.

by Zenitha Prince

For African Americans and other minorities financial reform is particularly important, advocates, lawmakers and officials said.

Like most of her colleagues this week, Rep. Maxine Waters is somewhat somber, reflecting on the life of Dorothy Height.

But the Congresswoman from California also has good reason to celebrate – and she is.

By Bruce Alpert
Washington bureau

A U.S. House committee approved legislation Tuesday that would let property owners buy wind coverage through the National Flood Insurance Program.

The bill, approved 40-25 by the House Financial Services Committee, now goes to the full House, which passed the measure two years ago.

By Kevin Drawbaugh

A bill to overhaul the troubled National Flood Insurance Program, which covers more than five million homes and businesses in flood-prone areas, was approved on Tuesday by a congressional committee.