Paul Volcker, chairman of the President's Economic Recovery Advisory Board, testifies on Capitol Hill in Washington, Wednesday, Feb. 4, 2009, before the Senate Banking Committee hearing on ways to modernize the U.S. financial regulatory system. Volcker told senators it's going to cost "lots more billions of dollars" to deal with the meltdown.
Money Matters
President Barack Obama listens to Treasury Secretary Timothy Geithner as he delivered remarks about executive compensation, Wednesday, Feb. 4, 2009, in the Grand Foyer of the White House in Washington. Geithner also said the government will have to do "substantially more" to address the current financial crisis.
Frosty Frolic
A woman and her dog walk on the frozen Gulf of Finland, at sunset outside St. Petersburg, Russia, Wednesday, Feb. 4, 2009.
Church Blaze
Firefighters sweep water from the floor inside Holy Name Cathedral in Chicago, Wednesday, Feb. 4, 2009, after an early morning fire severely damaged the attic and left gaping holes in the roof of the 134-year-old landmark and seat of Cardinal Francis George. No injuries from the fire were immediately reported.
Fuming Farmers
Bulgarian farmers attend a protest near the Oryachovo-Becket border crossing east of the capital Sofia, Wednesday, Feb. 4, 2009.Bulgarian farmers have blocked major border crossings to Romania in a protest against the import of cheap EU farm products and unpaid subsidies. At the Oryachovo-Becket ferry boat crossing, protesters clashed with police officers who tried to prevent them from blocking traffic.
Off Course
Ted Ligety of the United States falls during the men's Super G race at the World Alpine Ski Championships in Val d'Isere, France, Wednesday, Feb. 4, 2009.
No Dope
Olympic gold medalist Michael Phelps leaves the North Baltimore Aquatic Club, Wednesday, Feb. 4, 2009, in Baltimore. U.S. Olympic Committee CEO Jim Scherr said Wednesday he'd like to have a face-to-face meeting with the star of the Beijing Olympics, and spokesman Darryl Seibel said the federation was sending Phelps a letter offering its assistance after a photo of him smoking from a marijuana pipe surfaced.
Snow Bunny
A hare runs in a snow covered field near the village of Karpavichi, 31 miles north of Minsk, Wednesday, Feb. 4, 2009.