The arrest of IMF chief Dominique Strauss-Kahn means a key participant will be missing at a European summit considering whether to give Greece billions more in financial help.
The $38 billion in spending cuts agreed to last week won't prevent this year's budget deficit from setting another record high, estimated at $1.5 trillion.
Newly empowered congressional Republicans are playing down the big impact their proposed spending cuts would have on millions of Americans, according to Democrats and some bipartisan groups.
The Federal Deposit Insurance Corp. on Friday took over the banks, the largest by far being United Western Bank, based in Denver, with $2.05 billion in assets.