Capital One, one of the nation's largest credit card and financial companies, said after the market closed Monday that it will eliminate 1,900 jobs because of weaker business conditions. The announcement follows similar moves by Bear Stearns Cos., Wells Fargo Inc., Countrywide Financial Corp., and a spate of smaller mortgage lenders.

Wall Street remains worried that a broadening credit crisis -- triggered by distressed subprime loans -- will curtail borrowing to the point where it hurts companies across the economy. The Federal Reserve has taken a number of steps to prop up the nation's financial institutions, including injecting more liquidity into the banking industry and cutting the discount rate. But many on Wall Street want the Fed to do more -- including lowering the more important federal funds rate.

Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson will meet Tuesday afternoon with Senate Banking Committee Chairman Christopher Dodd. They are scheduled to discuss the market's recent turbulence, and what steps can be taken to stabilize the economy.