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Testifying at his confirmation hearing for a second term as head of the Federal Reserve, Ben Bernanke said Thursday that he has the tools and the political backbone needed to reel in massive economic support once the recovery is firmly rooted.
Dec. 4 (Bloomberg) -- When President Barack Obama paired his decision to add 30,000 U.S. troops in Afghanistan with a deadline to begin a withdrawal, he committed himself to a noncommittal strategy.
Dec. 4 (Bloomberg) -- President Barack Obama signaled he’ll push for initiatives on energy efficiency and infrastructure spending as ways to spur job growth.
Federal Reserve Chairman Ben Bernanke will appear before the Senate Banking Committee Thursday. He is seeking confirmation for another four years as head of the nation's central bank. Bernanke may find himself under fire for decisions he made during the bank bailout from angry lawmakers who are looking to limit the Fed's powers.
Federal Reserve Chairman Ben Bernanke is expected to win approval for a second term. David Wessel of The Wall Street Journal tells Renee Montagne that Bernanke is likely to get some tough questions from Senators about the financial crisis. Wessel is the author of the book In Fed We Trust: Ben Bernanke's War on the Great Panic.
Washington » Making a case for a second term as head of the Federal Reserve, Ben Bernanke said Thursday that he has the tools and the political backbone necessary to reel in massive economic support once the recovery is firmly rooted.
Dec. 4 (Bloomberg) -- Robert Rodriguez ignores most rules of the mutual-fund industry, an approach that’s helped him beat all rival managers over the past 25 years.
(Adds analyst, lawmaker comments throughout and data on TARP expenditures and inflows.) WASHINGTON -(Dow Jones)- The U.S. government should come close to breaking even on its emergency investments in financial firms, Federal Reserve Chairman Ben Bernanke told U.S. lawmakers on Thursday.
Bank of America Corp will sell nearly $19 billion in equity later on Thursday amid strong investor interest as it races to shed government regulatory curbs that have bedeviled its CEO search.
(Updated to add further comments from Bernanke in final two paragraphs.) By Luca Di Leo OF DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Federal Reserve Chairman Ben Bernanke Thursday said the Fed would keep a close eye on the risk that new asset bubbles could be formed due to the huge stimulus pumped to counter the U.S. economy's downturn.
On Capitol Hill Thursday, senators questioned Federal Reserve Chairman Ben Bernanke at his confirmation hearing. President Obama has nominated Bernanke for a second term. The hearing was heated, humorous and at times dull. But the underlying pretense was who can we blame for the financial crisis?
Making a case for a second term as head of the Federal Reserve, Ben Bernanke said Thursday that he has the tools and the...
WASHINGTON -- 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.
Federal Reserve Chairman Ben Bernanke, making his case for a second term, defended his record on Thursday before a skeptical Senate that criticized the central bank for failing to prevent the financial crisis.
Federal Reserve Chairman Ben Bernanke, making his case for a second term, defended his record on Thursday before a skeptical Senate that criticized the central bank for failing to prevent the financial crisis.
Federal Reserve Chairman Ben Bernanke on Thursday defended his record at the helm of the U.S. central bank before a skeptical Senate that is considering stripping the institution of its regulatory powers.
