New York, NY —
The financial markets resumed their pullback today as investors worry that lawmakers are losing a sense of urgency on a bailout plan for financial institutions. The Dow closed down nearly 1 1/2 percent and the Nasdaq was also down more than 1 percent.
Investors watched as Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke were grilled by the Senate Banking committee today.
Here to talk to us about the moves on the Hill and in the markets is Aaron Elstein, senior reporter at Crain's New York Business.