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Posts tagged "Federal Reserve"

Fed Chairman Says Jobless Rate Could Remain High for Years

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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...

Federal Reserve to Buy Billions in Treasury Bonds to Boost Economy

Filed under: EconomyThe move is part of a longterm effort to keep interest rates low in the hope that will spur consumers to spend and companies to invest more. Permalink | Email this | Linking Blogs | Comments

Federal Foreclosure Review Findings Due Next Month, Bernanke Says

Filed under: EconomyBanking agencies have been reviewing foreclosure procedures at mortgage servicers across the country and will present the findings next month. Permalink | Email this | Linking Blogs | Comments

Next Stop, Obamaville. Everybody Off!

Filed under: Democrats, Republicans, Economy, Humor, Obama Administration, Chaos Theory, Congress, UnemploymentWe're in the funny money. Permalink | Email this | Linking Blogs | Comments

Another Depression? The Fed and Ben Bernanke to the Rescue!

Filed under: Democrats, Economy, Humor, Obama Administration, Chaos Theory, UnemploymentHi-Ho Blunder! Permalink | Email this | Linking Blogs | Comments

From a Lefty: Five Things the Right Is Doing Right

Filed under: Democrats, Republicans, Sarah Palin, Woman Up, Conservatives, Tea PartyDemocrats are losing ground to Republicans. Maybe they should pay attention to what the GOP is doing, like talking to average people, and listening. Permalink&nbsp...

Ben Bernanke: Economy ‘Appears to Be on Track’ Despite Debt Crisis

Filed under: Economy, Obama Administration, Unemployment, JobsDespite discouraging news from Europe and the weak U.S. job market, the economic recovery is on track, Fed Chairman Ben Bernanke says. Permalink | Email this | Linki...

Dean Baker: “Unwashed Masses 1, Fed 0″

He also says, "Sanders Scores" in achieving a compromise with the White House to get his Fed audit amendment.

Under the deal, the Government Accountability Office (GAO) would undertake a full audit of the special facilities created by the Fed since December of 2007. GAO would make the findings from its audit...

Modified Sanders Fed Audit Amendment Looks Likely to Pass

Earlier on the floor today, Sanders and Dodd announced a modification to his amendment to audit the Fed's outlay of $2 trillion in the banking crisis. The meat of the modified amendment [pdf] is this:

"Notwithstanding any other provision of law, the Board of Governors shall publish on its website, not...

Ben Bernanke Is Time’s 2009 Person of the Year

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Time magazine has named Ben Bernanke its 2009 Person of the Year. The magazine said the Federal Reserve chairman's foresight and success at preventing a second Great Depression -- the history that wasn't made this year -- drove its choice.

"We've rarely had...

Sanders puts a hold on Bernanke. Irony lives.

By now you've no doubt seen that Sen. Bernie Sanders (I-VT) has put a "hold" on the renomination of Ben Bernanke as Federal Reserve Chairman.

It won't work, but that's where the irony comes in.

As Chairman of the committee of jurisdiction, it'll be Chris Dodd (D-CT) who's...

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