June 29, 2006 |
During a fundraiser for a Republican senator, President Bush accused Democrats of waving "the white flag of surrender" with proposals that would bring the troops home from Iraq and insisted that he will keep combat forces fighting as long as they are needed to achieve victory.
June 27, 2006 |
President Bush on Monday criticized newspapers for exposing a secret U.S. government program that monitors international banking transactions, calling the disclosures a "disgraceful" act that could assist terrorists. Bush made his remarks during a White House meeting with organizations that support the war in Iraq, echoing comments Friday from Vice President Dick Cheney and conservative commentators.
July 8, 2006 |
European Union officials are seeking an investigation of the U.S. government's program for monitoring international banking data, with the most pressing questions aimed at figuring out how much European governments and institutions knew about the secret operation. Lawmakers of the European Parliament, meeting this week in Strasbourg, France, demanded that the European Central Bank and similar institutions in the 25-nation bloc reveal the level of their cooperation in or knowledge of the U.S.
August 24, 2006 |
Amid growing concerns that hand-overs of confidential banking data to U.S. counter-terrorism investigators may violate European privacy laws, officials from around the continent met Wednesday in Brussels to consider legal options for probing the transfers. Representatives of European privacy commissions considered complaints that sharing data on thousands of international wire transfers with U.S.
July 12, 2006 |
The Bush administration is considering requiring U.S. banks, for the first time, to inform the government of all their customers' international wire transfers, regardless of possible terrorist ties, a Treasury Department official said Tuesday. Such mandatory reporting would mark a major expansion of the government's efforts to comb financial data to fight terrorism and other international crimes.
June 28, 2006 |
Henry M. Paulson Jr., the White House nominee for Treasury secretary, used his confirmation hearing Tuesday to praise President Bush's tax cuts and to promise to keep American businesses competitive through improved trade negotiations with China. "I feel very strongly that we should not be increasing taxes now," Paulson, 60, told the Senate Finance Committee. "I watched the role tax cuts played in getting the economy where it is."