Open Thread For Night Owls: Fed commitments to financial sector topped $7 trillion
Bloomberg News sorts through how the Fed handled the banking crisis. It isn't pretty:
The amount of money the central bank parceled out was surprising even to Gary H. Stern, president of the Federal Reserve Bank of Minneapolis from 1985 to 2009, who s...
Bernanke punts, no plans for new stimulus
Ben Bernanke (Wikipedia Commons)
In yesterday's column, Paul Krugman made a prediction:
As I write this, investors around the world are anxiously awaiting Ben Bernanke’s speech at the annual Fed gathering at Jackson Hole, Wyo. They want to know whe...
Bernanke punts, no plans for new stimulus
Ben Bernanke (Wikipedia Commons)
In yesterday's column, Paul Krugman made a prediction:
As I write this, investors around the world are anxiously awaiting Ben Bernanke’s speech at the annual Fed gathering at Jackson Hole, Wyo. They want to know whe...
Tracking the Fed’s $1.2 trillion Wall Street bailout
Through Freedom of Information Act requests, netting some 29,000 pages of previously secret documents, Bloomberg has discovered the unprecedented and astounding scope of Federal Reserve action in staving off a depression during 2008's financial crisis,...
Bernanke warns again against cutting too much too soon
Ben Bernanke (Wikipedia Commons)
Heads up Sen. Harry Reid and President Obama: maybe you shouldn't be so keen on a "grand bargain" that emphasizes deep cuts rather than revenues.
(Reuters) - U.S. Federal Reserve Chairman Ben Bernanke warned Congress ...
Bernanke warns again against cutting too much too soon
Ben Bernanke (Wikipedia Commons)
Heads up Sen. Harry Reid and President Obama: maybe you shouldn't be so keen on a "grand bargain" that emphasizes deep cuts rather than revenues.
(Reuters) - U.S. Federal Reserve Chairman Ben Bernanke warned Congress ...
Financial Crisis Report Spreads Blame Far and Wide for Meltdown
Filed under: Investigations, EconomyFrom government regulators and policymakers to Wall Street's power players, the report cites an array of contributors to the near-disaster.
Dissenting commissioners say the conclusions are two broad, and let Freddie ...
Fed will back new rules to rein in foreclosure fraud
In the wake of many highly-publicized stories about rampant fraud perpetrated by banks in foreclosure proceedings, the Federal Reserve has decided to support stronger regulations under financial reform President Obama signed into law last summer.
The FDIC has been pushing hard to ensure that new regulations on the mortgage bond market include...
Fed Critic Ron Paul to Head Subcommittee That Oversees Central Bank
Filed under: Republicans, Congress, Conservatives, EconomyThe Texas Republican is a longtime critic of the central bank and has even written a book called "End the Fed." He will lead the domestic monetary policy subcommittee of the House Financial Serv...
Fed Chairman Says Jobless Rate Could Remain High for Years
Permalink | Email this | Linking Blogs | Comments
Fed Chief Bernanke Faces Political Pushback from Republicans
Filed under: Republicans, EconomyThe Federal Reserve is finding itself pulled into the political fray after its decision earlier this month to pump $600 billion into the economy in hopes of jump-starting the recovery. Permalink | Email t...
