Last Minute News Topics » federal-reserve

Bernanke sees sustained US growth despite ‘headwinds’

Mon, 16 Nov 2009 16:47:00 +0000

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.

See the original post:
Bernanke sees sustained US growth despite ‘headwinds’

Obama administration faults Senate bank bill

Fri, 13 Nov 2009 18:32:00 +0000

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.

Rep Paul: Fed audit in rules reform "pseudo"

Fri, 13 Nov 2009 14:03:00 +0000

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

Follow this link:
Rep Paul: Fed audit in rules reform "pseudo"

GMAC still short of capital, may get extra aid

Mon, 09 Nov 2009 21:25:00 +0000

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.

Visit link:
GMAC still short of capital, may get extra aid

Fed to keep rates near zero to nurture recovery

Wed, 04 Nov 2009 00:55:00 +0000

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.

Fed gathers top bank execs for talk on pay, bonuses

Mon, 02 Nov 2009 17:25:00 +0000

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.

See the original post here:
Fed gathers top bank execs for talk on pay, bonuses

Lawmaker wants New York Fed, AIG documents

Fri, 30 Oct 2009 22:28:00 +0000

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.

View original post here:
Lawmaker wants New York Fed, AIG documents

US financial sector will pay for failures: bill

Wed, 28 Oct 2009 00:53:00 +0000

AFP – WASHINGTON (AFP) – Financial companies with more than 10 billion dollars in assets will have to pay for rivals’ failures or rescues under draft legislation released by the US Treasury and lawmakers.

Read more from the original source:
US financial sector will pay for failures: bill

CORRECTED: Deserted shopping mall symbol of Fed bailout

Fri, 23 Oct 2009 16:40:00 +0000

Reuters – OKLAHOMA CITY (Reuters) – A $29 billion trail from the Federal Reserve’s bailout of Wall Street investment bank Bear Stearns ends in a partially deserted shopping center on a bleak spot on the south side of Oklahoma City.

Go here to see the original:
CORRECTED: Deserted shopping mall symbol of Fed bailout

Fed to widen stress tests for banks: Bernanke

Fri, 23 Oct 2009 12:56:00 +0000

AFP – WASHINGTON (AFP) – The Federal Reserve will expand its so-called stress tests of the banking system to ensure they have enough capital during difficult periods, Fed chairman Ben Bernanke said Friday.

See more here:
Fed to widen stress tests for banks: Bernanke