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Posts Tagged ‘federal-reserve’

AFP – WASHINGTON (AFP) – Federal Reserve chairman Ben Bernanke said Monday he expects the US economy to sustain its growth into 2010 despite “important headwinds” including tight credit and weak employment.

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Bernanke sees sustained US growth despite ‘headwinds’

Reuters – WASHINGTON (Reuters) – The Obama administration on Friday pushed back against a proposal in the U.S. Senate to create a single bank super-regulator and strip the Federal Reserve of its supervisory powers.

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Obama administration faults Senate bank bill

Reuters – WASHINGTON (Reuters) – A long-standing U.S. congressional critic of the Federal Reserve said on Friday his proposal to audit the U.S

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Rep Paul: Fed audit in rules reform "pseudo"

AFP – WASHINGTON (AFP) – GMAC, the former finance arm of General Motors, needs more capital to meet buffer requirements under the “stress tests” of banking groups conducted this year, the Federal Reserve said Monday.

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GMAC still short of capital, may get extra aid

AFP – WASHINGTON (AFP) – The US Federal Reserve is widely expected to hold interest rates near zero at a monetary policy meeting Wednesday, in a bid to nurture a fragile recovery from recession.

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Fed to keep rates near zero to nurture recovery

AFP – WASHINGTON (AFP) – The Federal Reserve is gathering the heads of the largest banks it supervises Monday to discuss its proposal to limit incentive pay and bonuses to promote financial stability, a Fed official said.

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Fed gathers top bank execs for talk on pay, bonuses

Reuters – WASHINGTON (Reuters) – A Republican lawmaker on Friday asked the New York Federal Reserve and insurer American International Group for records relating to AIG’s reimbursements to holders of credit-default swaps issued by AIG.

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Lawmaker wants New York Fed, AIG documents