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Philadelphia Federal Reserve Bank President Charles Plosser said Monday that people in the United States have no need “to get all in a dither” over Europe’s debt crisis, according to a report. Plosser told The Wall Street Journal he feels ...
May 28, 2012 at 17:04 | Source: Politico.com
Jerome Powell, an attorney and private equity investor, was sworn in today as a member of the Federal Reserve’s Board of Governors, the central bank said. President Barack Obama announced in December that he would nominate Powell, a former ...
May 25, 2012 at 13:12 | Source: Bloomberg
Timothy Geithner is worried about a problem of perception. In an interview with PBS Newshour, Geithner was asked whether or not it is a conflict of interest for JPMorgan Chase CEO Jamie Dimon to sit on the board of the Federal Reserve Bank of ...
May 17, 2012 at 23:23 | Source: Huffington Post
Three U.S. Senators proposed a bill on Tuesday that would prevent the nation’s most powerful banking executives from simultaneously running the very institutions intended to keep them playing by the rules, with one of the bill’s sponsors say ...
May 23, 2012 at 13:21 | Source: Raw Story
The Federal Reserve Board released a number of documents Thursday afternoon related to enforcement actions against several major mortgage servicers. Included in the release were action plans for Citigroup and HSBC Finance Corporation to correct ...
May 23, 2012 at 23:58 | Source: MortgageNewsDaily.com
“You would like them to defer to you?” asked Time correspondent Mark Halperin. Replied Romney: “Absolutely…. My hope is to be able to come into office with people on both sides of the aisle who are cognizant of the critical nature of what America ...
May 24, 2012 at 22:53 | Source: The Christian Science Monitor
WASHINGTON - May 22 - Sen. Bernie Sanders (I-Vt.) today introduced legislation to prohibit banking industry executives from serving as directors of the 12 Federal Reserve regional banks. Sen. Barbara Boxer (D-Calif.) is an original co-sponsor of ...
May 22, 2012 at 19:20 | Source: Common Dreams
NEW YORK (CNNMoney) -- The Federal Reserve is worried about indecision in Congress. At its last meeting in April, the central bank's top officials discussed how coming tax increases and spending cuts could weigh on the recovery, and debated ...
May 16, 2012 at 18:59 | Source: CNN Money
The Federal Reserve is worried about the impact on the US economy if government spending is cut sharply. "The possibility of a sharp fiscal tightening in the United States was also considered a sizable risk," the US central bank said in the minutes of its ...
May 16, 2012 at 19:06 | Source: BBC News
Federal Reserve Bank of Philadelphia President Charles Plosser spoke Saturday with The Wall Street Journal’s Brian Blackstone in Eltville, Germany. Mr. Plosser discussed risks to the U.S. from the Greek crisis, the Fed’s tools to contain any ...
May 28, 2012 at 14:27 | Source: Wall Street Journal