Treasury Secretary Timothy Geithner says as financial instruments have gotten more complex, government regulators haven't kept up. That's why he's asking Congress for more authority to regulate the system. John Dimsdale reports.
The financial industry knows regulatory changes are coming soon, but that doesn't mean they have to like it. Jeremy Hobson reports on the industry's reaction.
Congress is seeking to create legislation to regulate the broken financial system. Commentator Susan Lee says one idea to make the Federal Reserve a super-regulator isn't very super at all.
After Sioux Falls got rid of its credit card interest rate limits, financial giants moved in and brought thousands of jobs to the city. But with defaults soaring, the job market has tanked. Stacey Vanek-Smith reports.