Fox News - Fair & Balanced

Bank Tax

'Special Report' Panel on Obama's Big Bank Tax

This is a rush transcript of "Special Report With Bret Baier" from January 14, 2010. This copy may not be in its final form and may be updated.(BEGIN VIDEO CLIP)PRESIDENT BARACK OBAMA: We want our money back, and we're going to get it. And that's why I'm proposing a financial crisis responsibility fee to be imposed on major financial firms until the American people are fully compensated for the extraordinary assistance they provided to Wall Street.VALERIE JARRETT, WHITE HOUSE SENIOR ADVISER: They want to levy a tax on the liabilities of those banks, the large institutions, the ones that contributed most to the economic crisis, and also the ones that benefited most from the taxpayer dollars.REP. THADDEUS MCCOTTER, R-MICH.: It's going to be more expensive for the consumer. You will see less credit and higher unemployment as a result of inability to get credit. Other than that, I think it's a fine idea.(END VIDEO CLIP)BRET BAIER, ANCHOR: One Republican's reaction to the financial crisis r...

Read More

  1. Companies in Russia May Buy Two of Cyprus’s Largest Banks

    FBN’s Liz MacDonald reports on the breaking news that Russia may purchase two of Cyprus’s largest banks, to protect Russian citizens who have their money in Cypriot banks.

  2. Writing Was on the Wall for Cyprus 17 Months Ago

    FBN's Ashley Webster breaks down how the Cyprus crisis unfolded.

  3. Can the Markets Handle the Cyprus News?

    Zephry Management managing director Jim Awad and Liz MacDonald weigh in on the proposed Cyprus bank deposit tax.

  4. Concerns Over Cyprus Bank Bailout Weighing on Markets

    FBN's Nicole Petallides on stocks impacting the afternoon markets.

  5. Hungary to insert rejected laws into constitution

    Hungary's prime minister can't take "no" for an answer, even when he is being instructed by the country's highest court.Over the past 18 months, the Constitutional C...

  6. Schutz: Bank Tax is 'Baffoonery'

    Mendon Capital President Anton Schutz argues Obama's bank tax is a terrible idea.

  7. Canada's prime minister to travel to Europe to lobby against bank tax

    TORONTO (AP) — Canada's prime minister travels to Europe next week where is he expected to lobby against a proposed international bank tax.Prime Minister Stephen Har...

  8. Geithner Seeks Bank Fee Support

    FBN’s Robert Gray on the markets taking their biggest plunge this year and BP still working to cap an oil leak in the Gulf of Mexico.

  9. Your Mobile Devices at Risk for Cyber Attack?

    McAfee Co-President Mike DeCesare on the major cyber security risks to watch for this year.

  10. Sperling on Proposed Bank Tax

    Counselor to the Treasury Secretary Gene Sperling on the White House's proposed tax on the nation's big banks.

  11. Trump on Planned 'Bank Tax'

    Real estate mogul reacts to Obama intended tax for financial institutions

  12. Obama Pitches Bank Tax to Recover Bailout Costs

    WASHINGTON - President Barack Obama on Saturday pitched his proposed tax on banks to recover the cost of bailing them out during the financial crisis, saying if they...

  1. Bye Bye, Bank Tax ?

    FBN's Gerri Willis breaks down whether Congress will scratch the bank fee from financial reform and what it might mean for your wallet.

  2. Ely: Transition Year for Banks

    Ely and Company's Bert Ely argues this is the year for transition for all of the banks.

  3. Goldman Sachs Charges a Political Decision?

    FBN’s Stuart Varney on the SEC fraud charges against Goldman Sachs.

  4. Can 'Volcker Rule' Prevent Another Financial Collapse?

    Mendon Capital Advisors President Anton Schutz weighs in on financial reform.

  5. Financial Regulation Fallout

    Scott Talbott of The Financial Services Roundtable breaks down financial regulations impact on banks.

  6. Partisan jabs diminish a bit as Senate opens debate on legislation to regulate Wall Street

    WASHINGTON (AP) — Days of high-decibel partisanship yielded to slightly more subdued accusations as the Senate lurched into action Thursday on legislation reining in...

  7. Cyprus in Crisis Mode

    FBN’s Liz MacDonald says that there may be a deal struck for Cyprus over the weekend, though the bank tax may stay in place.

‹ Prev12345Next ›