House defeats $700B financial markets bailout

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House defeats $700B financial markets bailout

(AP) - The House on Monday defeated a $700 billionemergency rescue for the nation's financial system, ignoring urgentwarnings from President Bush and congressional leaders of bothparties that the economy

News 12 Staff

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Sep 29, 2008, 3:47 PM

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Updated

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News12 New York

N12 Originals

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Rebuilding Brooklyn

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59°

Local

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Rebuilding Brooklyn

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House defeats $700B financial markets bailout

(AP) - The House on Monday defeated a $700 billionemergency rescue for the nation's financial system, ignoring urgentwarnings from President Bush and congressional leaders of bothparties that the economy

Top Stories

LIVE UPDATES: Powerful nor'easter hits Brooklyn with heavy rain, wind

STORM WATCH: Nor’easter brings heavy rain, damaging winds and significant coastal flooding to Brooklyn

NYCHA worker killed by falling tree in East New York

4 hurt after tree collapses at Kelly Park Playground in Homecrest

2 men wounded in shooting at Brownsville's Van Dyke Houses

NYPD investigates report of 3 men emerging from Bensonhurst sewer

Brooklyn’s Jewish families secure their sukkahs as nor’easter approaches

MTA prepares for weekend storm as wind raises concerns for outdoor subway tracks

WATCH: Fire at Wakefield subway station suspends service

Knicks champions draw huge crowd as Brunson and Hart host biggest Roommates Show event yet

Vote 2026: Race for New York State Comptroller

Vote 2026: Brooklyn election voting guide

Music City comes to NYC for Paley Center for Media Southern Rounds Country Music Event

The East End: Faraway Sag Harbor

Over 100 taken into custody, including local lawmakers, during protest over Israeli PM’s UN speech

Paley Museum’s NBC100 exhibit offers immersive experiences from iconic shows and programming

Dominican president's first official Brooklyn visit feels like a family reunion

Water main break floods Bushwick street

NYC, Metropolitan Opera partnership to make opera more accessible to New Yorkers

Alleged leader of Brooklyn-based radical group faces charges for supporting ISIS