Fed has too many duties
USA Today - 1 hour 47 minutes agoNew entities should focus on bank regulation, consumer protections.
2711 Stories, most recent news story added Sat Dec 5, 9:16 am ET
New entities should focus on bank regulation, consumer protections.
A look at the top economic data and news events out of Washington in the coming week.
Regulation: When Fed chief Ben Bernanke sat before the Senate on Thursday, he was blamed for everything but the Afghan War. Truth is, Bernanke may have kept the U.S. from falling into a Depression.
Making a case for a second term as head of the Federal Reserve, Ben Bernanke said Thursday that he has the tools and the...
Retailers will get a lot of attention next week as the holiday shopping season heats up.
Chairman Ben Bernanke has some radical ideas about pumping money into the economy to keep prices up. This is no way to kick an economy when it's down.
Sen. Chris Dodd on Thursday strongly backed Federal Reserve Chairman Ben Bernanke’s nomination for a second term. Read more...
Up on Capitol Hill Thursday, Fed Chairman Ben Bernanke painted yet another grim picture for the future of work in America
The "great moderation" of business cycles once extolled by many economists, Ben Bernanke, is history. The trend rate of growth is shriveling. In other words, business cycles are back with a vengeance.
Filed under: News , The Economy It seems that the Congressional Black Caucus has a bone to pick with President Barack Obama. The 43-member group recently agreed to boycott a vote on a financial overhaul measure as a sign of protest toward the Obama Administration. The bill easily passed, but Rep. Maxine Waters made it clear that the caucus could cause trouble for future Democratic bills by ...
On the other side of Capitol Hill, Senate Banking Committee chairman Chris Dodd is pushing reforms that would strip the Fed of its power to regulate banks.
Senators took aim Thursday at Federal Reserve Chairman Ben Bernanke, linking him to rising unemployment, regulatory lapses that led to the financial crisis and the corporate bailouts that followed.
NAME -- Ben Bernanke. AGE-BIRTH DATE -- 55; Dec. 13, 1953, in Augusta, Ga. EDUCATION -- B.A. in economics, 1975, Harvard University; Ph.D. in economics, 1979, The Massachusetts Institute of Technology.
The economic recovery gained traction in late fall as shoppers spent a bit more and factories bumped up production. That assessment Wednesday by the Federal Reserve marked its most upbeat view since the economy tumbled into recession two years ago.
The euro rose against the dollar Tuesday as investors weighed the Bank of Japan's decision to provide markets with more liquidity and looked forward to other central bank events later in the week.
Obama vows to tackle jobs challenge head-on WASHINGTON (Reuters) - President Barack Obama urged corporate America on Thursday to help tackle the nation's highest unemployment in 26 years but also hinted at federal tax credits and aid to states to ease jobless woes. "There's no question that it is...